216 N. Milwaukee Ave.

Lake Villa, IL  60046

 

​Status:  Active

Asking Price:  $1,050,000

​MLS #:  10613226

Type:  Commercial

Zoning:  CB
Unit. SF:  Approx. 14,000

Land SF:  Approx. 74,444

1/23

Great exposure on State Route 83 (N. Milwaukee Avenue) in
Lake Villa. This 14,000 sf center has ample parking and frontage on two
roads. This 10 unit, 2 building complex lies in a TIF district. Join long term
tenants Sammies, Chill Martini & Wine Bar, Edward Jones, and
Daisy's Artrish Café. The west 7,000 sf building is ready for user/buyer to
occupy or an investor can lease it up. The vacant building is already
demised into 5 units. Lake Villa aggressively pursuing new businesses
with tax incentives. Walk to Metra, Post Office, and downtown Lake Villa.
Workforce housing/apartments located across the street. New sidewalk
on Lake Avenue to be completed this year. Adjoining 20,000 square foot
shovel-ready site also available. Over 13,000 vehicles per day on
Milwaukee Avenue. Lease with option to purchase will be considered.
Space for lease includes already built-out hair and nail salon, retail store,
and office space.

Robert E. Frank

robertefrankrealestate@gmail.com

(847) 508-5263