35220 Illinois 83Lake Villa, IL 60046

Property Details for 35220 Illinois 83

Lot size

1.70 AC

Property size (Sq ft)

5,788 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 1.7-acre industrial property in Lake Villa, Illinois, presents a compelling investment opportunity. Located at 35220 North Illinois Route 83, zip code 60046, this FEE SIMPLE property boasts two buildings totaling 5,788 square feet of net rentable space. The current configuration includes approximately 2,130 square feet of office space and 4,000 square feet of shop space, perfectly suited for a contractor, but adaptable to a variety of uses. A significant advantage is the property's prominent location, offering approximately 350 feet of frontage on Milwaukee Avenue, a high-traffic area with a daily count near 18,000 vehicles in the nearby Round Lake Beach. The property also features a 1.5-acre fenced yard, providing ample space for storage or outdoor operations. Its versatility makes it ideal for various businesses, including contractor yards, auto or boat repair shops, storage facilities, or redevelopment into retail or restaurant spaces. The property is available for sale at $1,800,000, and owner financing is available. This prime location and flexible space make this a truly unique opportunity. The property is classified as Flex, Manufacturing, and Warehouse.

Location Insight

City

Lake Villa

County

Lake

State

Illinois

Latitude

42.3746

Longitude

-88.0564

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