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95 W. Grand Ave.

Lake Villa, IL  60046

 

​Status:  Active

Price:  $16 PSF Modified Gross

​MLS #:  11421391

Type:  Commercial/Retail/Office

Zoning:  CB
Unit. SF:  Approx. 700-1,500 (Multiple Units)

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.

Robert E. Frank

robertefrankrealestate@gmail.com

(847) 508-5263

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