216 N. Milwaukee Ave.

Lake Villa, IL  60046


​Status: LEASED

Price:  $12 PSF Modified Gross

​MLS #:  10987695

Type:  Commercial/Retail/Office

Zoning:  CB
Unit. SF:  Approx. 1,400+/-
(Multiple Units Available)

press to zoom

press to zoom

press to zoom

press to zoom

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, Edward Jones, and Daisy's Artrish Cafe. 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 14,000 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, former Chill Martini Bar and office space.

Robert E. Frank


(847) 508-5263