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    Lake Villa, IL
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    Lake Villa, IL Retail Properties & Spaces for Sale

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    Lindenhurst, IL Round Lake Beach, IL Grayslake, IL
    Lake Villa Retail Opportunity
    Updated: Jul 2, 2025
    Lake Villa Retail Opportunity

    855 E Grand Ave, Lake Villa, IL

    $3,250,000
    16,299 sqft · 3.08 AC lot
    Retail property for sale
    Located in Lake Villa, Illinois
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    855 E Grand Ave, Lake Villa, IL

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $167K
      Annual

    • Mortgage

      $1.42M
      Nov 2019

    • Last Sold

      Nov 2019
      $1.56M

    • Property Type

      Vehicle Sales, Vehicle Rentals
      Built 2002
    View Property Analytics
    Versatile Commercial Property on Milwaukee Ave
    Updated: Nov 12, 2024
    Versatile Commercial Property on Milwaukee Ave

    35220 N Illinois 83, Lake Villa, IL 60046

    $1,800,000
    5,788 sqft · 2.00 AC lot
    High‑traffic location: Approximately 350 feet of frontage on Milwaukee Ave with a daily traffic count near 18,000.
    Large Lot: Just under 2 acres with a 1.5‑acre fenced‑in yard.
    Versatile Use: Suitable for contractor yard, auto repair, boat repair, storage, redevelopment for restaurant/retail, etc.
    Existing Structures: Includes 2130sf office space and 4000sf shop space.
    Owner Financing: Owner financing is available.
    View details
    Retail
    Retail

    850 Tower Dr, Lake Villa, IL 60046

    $4,200,000
    1 sqft

    Shopping centers

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Villa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Grayslake Commercial Property for Sale
    Grayslake Commercial Property for Sale

    102-106 Center Street, Grayslake, IL 60030

    $599,900
    0.14 AC lot

    Commercial property in Grayslake, IL, zoned COMMR, for sale.

    View details
    Versatile Commercial Property in Lindenhurst
    Versatile Commercial Property in Lindenhurst

    625 N Bridgeport Ter, Lindenhurst, IL 60046

    $1,520,000
    6,500 sqft

    Adaptable commercial space with retail, restaurant, office, and special use potential.

    View details
    Versatile Lindenhurst Property with Warehouse
    Versatile Lindenhurst Property with Warehouse

    625 Bridgeport Terrace, Lindenhurst, IL 60046

    $1,520,000
    9,128 sqft

    Mixed-use property with retail space, warehouse, and redevelopment potential.

    View details
    Grayslake Corner Location For Sale
    Grayslake Corner Location For Sale

    102-106 Center St, Grayslake, IL 60030

    $599,900
    3,150 sqft

    Prime corner location in downtown Grayslake with redevelopment potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Milwaukee Avenue
    Commercial Land on Milwaukee Avenue

    300 N Milwaukee Avenue, Lake Villa, IL 60046

    $1,850,000

    Corner lot available on Milwaukee Avenue and Cedar Avenue.

    View details
    Commercial Land with Lake Frontage
    Commercial Land with Lake Frontage

    4.73AC 59 Highway, Antioch, IL 60002

    $430,000
    4.73 AC lot

    4.73 acres of commercial land with B-3 zoning.

    View details
    Corner Commercial Land Opportunity
    Corner Commercial Land Opportunity

    19135 W Milburn Road, Old Mill Creek, IL 60083

    $199,000
    2.30 AC lot

    2.3 acres zoned commercial on highly visible corner.

    View details
    Antioch Land for Business Use
    Antioch Land for Business Use

    1207 Main Street, Antioch, IL 60002

    $738,000
    1.64 AC lot

    1.64 acre commercial land parcel in Antioch, Illinois.

    View details

    Off-Market Properties in Lake Villa, IL

    Consider similar Off-Market properties in Lake Villa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    133 Cedar Ave
    RETAIL STORES (PERSONAL SERVICES)

    133 Cedar Ave, Lake Villa, IL 60046-8410

    Value Estimation by Request
    1,540 sqft · 0.03 AC lot
    View details
    129 Cedar Ave
    RETAIL STORES (PERSONAL SERVICES)

    129 Cedar Ave, Lake Villa, IL 60046

    Value Estimation by Request
    3,264 sqft · 0.12 AC lot
    View details
    985 Grand Ave
    FINANCIAL BUILDING

    985 Grand Ave, Lake Villa, IL 60046-7814

    $1,330,000
    Estimated value
    4,028 sqft · 0.93 AC lot
    View details
    500 Grand Ave
    FINANCIAL BUILDING

    500 Grand Ave, Lake Villa, IL 60046-7807

    $580,000
    Estimated value
    5,202 sqft · 4.06 AC lot
    View details
    37575 Il Rte 59
    SERVICE STATION WITH FOOD MART

    37575 Il Rte 59, Lake Villa, IL 60046-9148

    Value Estimation by Request
    3,350 sqft · 1.02 AC lot
    View details
    850 Tower Dr
    RETAIL STORES (PERSONAL SERVICES)

    850 Tower Dr, Lake Villa, IL 60046-5721

    $1,830,000
    Estimated value
    18,201 sqft · 1.76 AC lot
    View details
    301 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)

    301 Grand Ave, Lake Villa, IL 60046

    $1,200,000
    Estimated value
    14,246 sqft · 0.20 AC lot
    View details
    90 Cedar Ave
    RETAIL STORES (PERSONAL SERVICES)

    90 Cedar Ave, Lake Villa, IL 60046-8452

    Value Estimation by Request
    6,153 sqft · 0.23 AC lot
    View details
    36044 Us Hwy 45
    SERVICE STATION WITH FOOD MART

    36044 Us Hwy 45, Lake Villa, IL 60046-9070

    $670,000
    Estimated value
    900 sqft · 0.75 AC lot
    View details
    777 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    777 Milwaukee Ave, Lake Villa, IL 60046-9253

    $965,000
    Estimated value
    20,367 sqft · 0.42 AC lot
    View details
    756 Frontage Rd
    RETAIL STORES (PERSONAL SERVICES)

    756 Frontage Rd, Lake Villa, IL 60046-8702

    Value Estimation by Request
    1,944 sqft · 0.68 AC lot
    View details
    875 Grand Ave
    VEHICLE SALES, RENTALS

    875 Grand Ave, Lake Villa, IL 60046-7813

    $570,000
    Estimated value
    3,276 sqft · 0.94 AC lot
    View details
    200 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    200 Milwaukee Ave, Lake Villa, IL 60046-8523

    $575,000
    Estimated value
    8,784 sqft · 0.31 AC lot
    View details
    39401 Il Rte 83
    RETAIL STORES (PERSONAL SERVICES)

    39401 Il Rte 83, Lake Villa, IL 60046-8102

    $530,000
    Estimated value
    14,200 sqft · 2.00 AC lot
    View details
    75 Grand Ave
    AUTO REPAIR, GARAGE

    75 Grand Ave, Lake Villa, IL 60046-5726

    Value Estimation by Request
    3,150 sqft · 0.99 AC lot
    View details
    37611 Il Rte 59
    SERVICE STATION WITH FOOD MART

    37611 Il Rte 59, Lake Villa, IL 60046-7330

    Value Estimation by Request
    1,600 sqft · 1.02 AC lot
    View details
    102 Milwaukee Ave
    RETAIL STORES (PERSONAL SERVICES)

    102 Milwaukee Ave, Lake Villa, IL 60046-9361

    Value Estimation by Request
    3,185 sqft · 0.74 AC lot
    View details
    151 Grand Ave
    BAR, TAVERN

    151 Grand Ave, Lake Villa, IL 60046-7829

    Value Estimation by Request
    11,898 sqft · 0.76 AC lot
    View details
    855 Grand Ave
    VEHICLE SALES, RENTALS

    855 Grand Ave, Lake Villa, IL 60046-7813

    $1,825,000
    Estimated value
    16,270 sqft · 3.08 AC lot
    View details
    36735 Il Rte 83
    RETAIL STORES (PERSONAL SERVICES)

    36735 Il Rte 83, Lake Villa, IL 60046-9619

    $940,000
    Estimated value
    8,384 sqft · 0.83 AC lot
    View details
    130 Milwaukee Ave
    VEHICLE SALES, RENTALS

    130 Milwaukee Ave, Lake Villa, IL 60046-9361

    $1,825,000
    Estimated value
    15,600 sqft · 2.03 AC lot
    View details

    Lake Villa, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 68 retail properties & spaces for sale in Lake Villa, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 22,088 square feet of properties for sale, with an estimated market value of $9,250,000.

    Sale prices for stores in Lake Villa, IL start at $1,800,000, averaging $3,083,333, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3
    Storefront properties 1

    Demographics Overview

    Population 35K
    Population Growth (5Y) -1.6%
    Median Household Income $122,376
    College Educated 57.2%

    High-Yield Neighborhoods for Investment

    Identify Lake Villa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60046 $3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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