For Sale
$419,500

37575 Illinois Rte Lake Villa, IL 60046

Lake Villa, IL Retail Space - $419,500

Overview

Added:
Dec 11, 2024
Days on market:
138
This 3,350 square foot commercial building, situated on a one-acre lot in Lake Villa, Illinois, presents a versatile investment opportunity. Located on busy Route 59, the property boasts excellent visibility and ample parking for both employees and customers. The building features a large reception area, two windowed offices, and a spacious workshop area with a 9'8" spancrete ceiling and an 8'x8' overhead door. A rear area offers additional space with an 8' high x 10' wide overhead door, and a gravel area provides outdoor storage. The property includes a modern HVAC system, three-phase electric, and two bathrooms (one ADA compliant). Heavy-load floors support various uses. The GC zoning allows for a wide range of businesses, including professional offices, restaurants, retail, daycare centers, and more (some uses may require conditional use permits). Office furniture is included in the sale. The seller is retiring, making this a prime opportunity for a new owner to establish or expand their business. The building's location between an auto repair shop and a transmission shop provides additional business synergy. The beautiful Forest Preserve behind the property offers a tranquil backdrop. The property's size allows for future expansion. This is a turnkey operation ready for immediate occupancy. The asking price is $419,500. The APN is 05-01-207-003. The building was constructed in 1978.

Highlights

  • 3,350 SF commercial building on a 1-acre lot in Lake Villa, IL, on busy Route 59.
  • Excellent visibility and ample parking.
  • Features a large reception area, two offices, a spacious workshop with a 9'8" ceiling and 8'x8' overhead door, plus a rear area with an 8'x10' overhead door and outdoor gravel storage.
  • Includes modern HVAC, three-phase electric, two bathrooms (one ADA compliant), and heavy-load floors.
  • GC zoning allows for diverse uses (some may require permits); office furniture included; asking price $419,500; APN 05-01-207-003; built in 1978.

Property Details for 37575 Illinois Rte

Property type
Day care centers & nurseries, Retail properties
Square Feet
3,350 SF
Year Built
1978
Buildings
1
Stories
1
Lot Size (sq. ft)
43,996 SF
Units
1

Location Insight

City
Lake Villa
County
Lake
State
Illinois
Latitude
42.409254
Longitude
-88.1261145

FAQs

What type of property is this?
Day care center & nursery - Lake Villa, IL Retail Space - $419,500
Where is the day care center & nursery located?
The property is located at 37575 Illinois Rte Lake Villa, IL.
What is the asking price?
The asking price for this property is $419,500.
What are key features of this property?
This property features: 3,350 SF commercial building on a 1-acre lot in Lake Villa, IL, on busy Route 59.; Excellent visibility and ample parking.; Features a large reception area, two offices, a spacious workshop with a 9'8" ceiling and 8'x8' overhead door, plus a rear area with an 8'x10' overhead door and outdoor gravel storage.
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37575 Illinois Rte
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