Active
95 W Grand Avenue
Lake Villa IL, 60046
$779,000
$50.91 per sqft
Active
15,302 sqft
Commercial
Built in 1980
Courtesy of Robert E. Frank Real Estate
Cedar View Plaza Office Building (14,000 square feet and warehouse 1,280 square feet) being sold by original builder after 40 plus years ownership! This brick and frame professional office building offers lots of flexibility to lease space. Originally constructed for medical office the building has evolved into professional/service businesses. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 rooftop units for heat and AC. Three HVAC units are newer along with newer roof coating. Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes masonry 32x40 garage with fenced in material yard on one acre of land. Approx 85% occupied on year to year lease agreements. Village of Lake Villa will consider conversion of second floor to residential apartments. Long time owner looking to retire/get out of management. Financials upon request and NDA. Please allow 24 hours for showings. Grand Avenue land bridge construction to be completed end of 2024. Can access westbound on Grand. Call for office available office spaces.
11421391
MLSⓇ ID
June 1, 2022
Listed
March 28, 2024
Updated
Map
95 W Grand Avenue
Lake Villa IL, 60046
Interior Features
Total Stories
2
Floor Description
Carpet, Concrete, Tile, Varies, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1.13 Acres
Roof
Composition, Membrane
Other Property Details
Area Name
Lake Villa / Lindenhurst
Taxes
$21,876
Tax Frequency
Annually
Days on Market
590
Garage
No
View
No
County
Lake
Municipality
Lake Villa
Pool
No
Zoning
COMMR
Buyer Agency Compensation
2.5 % - $395 OR 4% FIRST YEAR GROSS, 2% ADDITIONAL YEARS - $100
Courtesy of Robert E. Frank Real Estate, Robert Frank,
Listing Contact: 847-508-5263
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Hering Homes Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:18 AM UTC, 3/28/2024
