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    Lake Villa, IL
    Strip Mall

    Lake Villa, IL Strip Malls for Sale

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    Lindenhurst, IL Round Lake Beach, IL Third Lake, IL Grayslake, IL Antioch, IL Ingleside, IL Johnsburg, IL Volo, IL
    16-Unit Retail Center
    Updated: Oct 20
    16-Unit Retail Center

    300 N Milwaukee Avenue, Lake Villa, IL 60046

    $1,850,000
    20,509 sqft
    16‑unit center with 14 occupied units
    Two available suites: 1,200 square feet and 3,200 square feet
    20,509 square feet; built in 1990
    New parking lot (2025) and retaining walls (2026)
    Some sidewalks and curbs replaced in 2024; roof replaced in 2001
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Strip Mall for sale in Lake Villa, IL. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

    Opportunities in Nearby Cities

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

    Starbucks-Anchored Retail Center
    Starbucks-Anchored Retail Center

    1085 E Lake Cook Rd, Wheeling, IL 60090

    $5,615,000
    Multi-tenant  27,232 sqft  Built 1985
    100% occupied / 7.8% cap rate  Starbucks co-tenants

    Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

    Pylon signage  Drive-thru
    View details
    Retail Strip Center with Six Suites
    Retail Strip Center with Six Suites

    605-625 N Midlothian Rd, Mundelein, IL 60060

    Contact for pricing
    Multi-tenant  9,750 sqft  1.22 acres
    18% occupied

    Six-suite retail center with restaurant occupancy and direct exposure at a signalized intersection.

    View details
    Strip Retail Center with On-Site Parking
    Strip Retail Center with On-Site Parking

    791 S Midlothian Road, Mundelein, IL 60060

    Contact for pricing
    1,200 sqft  Built 2000
    B-2

    B-2 general retail zoning and a former beauty shop layout support a range of business configurations.

    65 spaces
    View details
    Retail Center
    Retail Center

    820 Wheeling Rd, Wheeling, IL 60090

    Contact for pricing
    13,382 sqft  Built 1998

    Retail property offering 13,382 square feet of commercial space for sale.

    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 Corner Lot
    Commercial Corner Lot

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 acres  B1
    60,000 VPD

    Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

    Utilities to site
    View details

    Lake Villa, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Lake Villa, IL on our real estate platform. These investment opportunities span a total of 20,509 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for retail strips in Lake Villa, IL average $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    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 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    How Realmo verifies these figures

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