Commercial Properties for Sale

Contact Robert E. Frank at 847-508-5263 or robertefrankrealestate@gmail.com to discuss buying or selling a commercial property.  His knowledge and expertise is an asset with any transaction!

Scroll Down for Addititonal Properties * Click on Photos for a Slide Show

1001 E. Grand Ave.
Lake Villa, IL  60046
900-950 S. Butterfield Rd.
Mundelein, IL  60060

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​Status:  SOLD!!!

Price:  $1.995,000

​MLS #:  10538941

Type:  Commercial

Zoning:  CB (Commercial)
Acres:  Approx. 5+
Bldg. SF:  Approx. 34,162

Land SF:  Approximately 230,613
Additional Information

Stunning former Lake Villa Public Library facility ready to be re-purposed. Massive
entry with public bathrooms, meeting space and reception areas. Two story vaulted
atrium space is flooded with natural light. Large windows offer spectacular views of
wetlands to the south. The entire building was completely renovated and added onto in
1999. This unique structure can be converted to business office space, restaurant,
distillery, brewery, medical office, corporate headquarters, youth center, art gallery,
museum, public service building, etc... Endless possibilities. Includes additional parking area and Grand Avenue signage. Located at signalized intersection on over 5 acres.  Hot water heat and air conditioned systems. Very unique structure. This building can be demised into multiple spaces.

Aerial
Aerial

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900 S. Butterfield Sketch
900 S. Butterfield Sketch

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Aerial

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​Status:  Active

Price:  $749,900

​MLS #:  09507344

Type:  Vacant Land

Zoning:  GC (Commercial)
Acres:  Approx. 1.89

Land SF:  Approximately 82,420
Additional Information

General Commercial zoning on busy Butterfield Road in Mundelein. Adjoins Butterfield Plaza with a full, existing curb cut and over 260 feet of frontage. Site consists of approximately 2 acres of land with two rental homes that can be demolished or repurposed. Can accommodate medical office, retail strip center, professional building, etc... The Butterfield commercial corridor is fed by traffic from Mundelein, Vernon Hills and Libertyville. Mundelein may consider incentives to locate your business here! Please do not disturb tenants.

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Status:  Under Contract

Price:  $549,900

​MLS #:   11274254

Type:  Mixed Use (Office/Retail/Apts)

Zoning: CE (Commercial)
Bldg. SF: Approx. 8,400

Land SF: 13,504

Additional Information

 

Antioch multi unit with 4 large apartments and 5 commercial units. High profile signalized south west corner of Rt. 83 (Main) and North Avenue. Well maintained building can be owner occupied or investment. Gas
and electric separately metered and paid by tenants. Newer HVAC in some units. Fully leased except NW corner office/retail space. Corner space ready for insurance, accounting, contractor, gaming (with Village approval), retail, etc... Busy corner with full curb cut on North Avenue. Family constructed the brick and frame building in 1986. The large apartments are rented below
market. Asking $65 per foot and cannot reproduce anything like it for this price! Trust is divesting some assets and wants out of management. Ideal for 1031 Exchange. Please do not disturb tenants. Prefer 24 hour notice for showings.

391 Center St.
Grayslake, IL  60030

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Status:  Available

Price:  Contact Broker

​MLS #:  

Type:  Mixed Use (Office/Retail/Apts)

Zoning: CB (Commercial)
Bldg. SF: Approx. 6,450

Land SF: 4,813

Additional Information

 

Grayslake multi unit building with commercial/residential mix.  Four units within building: Open air loft is 3,500 square feet. Unit can be owner occupied or rented for residence or have a commercial application.  This loft is a jewel in downtown Grayslake with 18-ft ceilings, exposed brick & beams, 2 rooftop patios, 2 wood-burning stoves, hardwood floors with walnut inlays, and spectacular oak & walnut staircase, 2 bedrooms, 2 Baths.  First floor facing Center is a medical office set up for dental but can be used for many medical services. This 1,750 square foot space has 2 plumbed operatories, lab room, file room, kitchenette, reception area. Also facing Center Street is a retail office space with 600 square feet. Space includes kitchenette & open floor plan. Small apartment is 600 square feet with full kitchen & in-unit washer/dryer. Each space has its own separate entrance.  The dental office space is vacant and available immediately. The other units are currently occupied on short term leases. Live the Chicago loft lifestyle above your investment units and walk to downtown bars and/or restaurants. The loft is truly a unique space to entertain guests, display artwork, antiques or showcase your business. Additional municipal parking is a short walk. Many possibilities. Priced under $77 per sf with upper loft added in!! Seller requests 24 hour notice to show. 

950 S. Butterfield Rd.
Mundelein, IL  60060

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​Status:  Active

Price:  $389,000

​MLS #:  09507328

Type:  Vacant Land / Commercial

Zoning:  GC (Commercial)
Acres:  Approx. .95

Land SF:  Approximately 41,210
Additional Information

General Commercial zoning on busy Butterfield Road in Mundelein. Adjoins Butterfield Plaza with a full, existing curb cut and over 130 feet of frontage. Site consists of approximately 1 acre of land with two rental homes that can be demolished or repurposed. Can accommodate medical office, retail strip center, professional building, etc... The Butterfield commercial corridor is fed by traffic from Mundelein, Vernon Hills and Libertyville.

154 N. US Highway 12
Fox Lake, IL  60020

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​Status:  Active

Asking Price:  $389,000

​MLS #:  11303178

Type:  Commercial (Restaurant/Apt.)

Zoning:  R1
Acres:  Approx. .378

Land SF:  Approximately 16,479
Additional Information

Waterfront commercial opportunity with pier on Pistakee Lake!  This full service, remodeled restaurant has a large apartment above it and 2 plus car garage. The restaurant is currently leased to a business that is willing to remain operating/renting or bring in your own crew and menu!  The restaurant equipment is included in the sale price and this is turn key.  Known for years as the Marine Grill this location has fantastic exposure on busy Route 12. There is a dual pylon sign on site shared by Bauske Boat Basin that is visible from Route 12, Nippersink and Pistakee Lakes. Outdoor
seating available in front with plans for additional outdoor dining deck approved by Fox Lake. Restaurant was tastefully remodeled over the past few years and shows well. The large apartment is currently leased. Note the property is served by municipal sewer and water! Investors and end users alike will find this property intriguing. The restaurant can also be
repurposed. Possible bar, professional office, boat sales, auto sales, electronic gaming (with Village approval). Do not disturb tenants. Please allow 24 hour notice for all showings. Owner looking to reinvest in new
venture.

12 N. US Highway 12
Fox Lake, IL  60020

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​Status:  Active

Asking Price:  $274,900

​MLS #:  11261523

Type:  Commercial (Bait Shop/House)

Zoning:  B4 (Commercial)
Acres:  Approx. .344

Land SF:  Approximately 14,963
Additional Information

Commercial Corner on busy Rt 12 with two buildings. Converted cape cod currently houses Chain of Lakes Sports bait/tackle shop and the 1 bedroom ranch is rented month to month. Newer asphalt parking area can accommodate tenant and customer vehicles. Handicap ramp on south side. Newer architectural shingle roof on both structures. Can be converted to in home business like accounting, attorney, nail/hair, convenience store, small bar, electronic gaming, etc... Or possible tear down for fast food franchise or coffee shop. Fox Lake aggressively seeking new businesses in B4 zoning which also allows duplex residential rentals. Great signage opportunity. Main building has large open showroom, full bath and kitchen on 1st level. 3 bedrooms and 1/2 bath on second level could be used for offices. 3/4 basement for storage. The 1 bedroom ranch on the property can be rented for additional income or used as owner/operator residence. Newer sidewalk. Walk to METRA and Fox Lake Waterfront park! Access from Rt. 12 and from West Oak. Great waterfront views of Nippersink Lake. Room to expand main structure. Municipal sewer and water!! Please do not disturb tenants or customers.

900 S. Butterfield Rd.
Mundelein, IL  60060

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​Status:  Active

Price:  $389,000

​MLS #:  0907324

Type:  Vacant Land / Commercial

Zoning:  GC (Commercial)
Acres:  Approx. .95

Land SF:  Approximately 41,210
Additional Information

General Commercial zoning on busy Butterfield Road in Mundelein. Adjoins Butterfield Plaza with a full, existing curb cut and over 130 feet of frontage. Site consists of approximately 1 acre of land with two rental homes that can be demolished or repurposed. Can accommodate medical office, retail strip center, professional building, etc... The Butterfield commercial corridor is fed by traffic from Mundelein, Vernon Hills and Libertyville. Mundelein may consider incentives to locate your business here! Please do not disturb tenants.

71 S. Seymour Ave.
Grayslake, IL 60030

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​Status:  Active

Asking Price:  $210,000

​MLS #:  11394389

Type:  Commercial

Zoning:  CB (Commercial)
Bldg. SF:  Approx. 1,908

Land SF:  Approx. 7,363
Additional Information

Opportunity to own a Downtown Grayslake commercial space with loads of potential. Currently this building is an active woodworking/artisan shop. So many options for a new owner to create a lasting impression on your clients/customers. Enter the rustic front door into a vaulted space that
can display wares and sundries of all kinds. A few stairs down leads to large shop area with 10 x 10 overhead garage door. Full staircase to loft that could be converted to residential space or festive gathering area overlooking
rear shop area. CB zoning allows gym, tavern, salon, liquor store, veterinary, retail shop, clothing, art studio, etc... Must comply with Village code for uses. Seller's vision was for coffee shop/artisan cafe (possible indoor golf screens) but larger family commitments taking priority. Old timers will remember this as the Lakes News distribution office/warehouse. Just a block off Center and ready for a creative thinker. Seller has invested in newer roof, rough plumbing, HVAC, electrical, framing, insulation, stairs and loft area, etc. Needs your finishing touch. On lock box for easy show.