95 West Grand Avenue, Lake Villa, IL

$779,000

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1.13

Acres

About 95 West Grand Avenue

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.

Features of 95 West Grand Avenue

MLS® # 11421391
Price $779,000
Bathrooms 0.00
Acres 1.13
Year Built 1980
Type Commercial Sale
Sub-Type Office/Tech
Status Active

Community Information

Address 95 West Grand Avenue
Area Lake Villa / Lindenhurst
City Lake Villa
County Lake
State IL
Zip Code 60046

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick,Cedar,Shingle Siding
Roof Composition, Membrane
Foundation Concrete Perimeter

Additional Information

Days on Market 720
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRobert E. Frank Real Estate

Listing Map

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