31828 N US Highway 12, Volo, IL 60073
Lake County
Key Facts
Description
Perfect for retail store, professional office, showroom/office for all trades, dealerships, and more. Build-out remodel is necessary. On busy Rt 12, just 1 1/2 blocks north of Rt 120 next to Speedway. With thousands of cars passing each day, this property has great visibility. Store front below, existing apartment on second floor, if desired, can easily be converted to offices. Tree line behind building is part of the lot- with about 1 acre of property and great frontage, there is plenty of room for expansion and parking. Great opportunity for your business or investment in an area that is growing. If you want the build-out (remodeling) completed by Seller, add $100,000 to asking price: New Furnace, A/C, Insulation, Drywall, finished Plumbing & Electrical, and more. Price has been discounted from $585,000 to $475,000 without the build-out. Broker Owned.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1951
Stories
2
Living Area
3,120 sq ft
Lot Size
38,333 sq ft
Lot Dimensions
.88
Zoning
COMMR
Days on Market
63
MLS® Listing#
12652945
Property Features
Cooling
Flooring
Construction
Foundation
Roof
Utilities
Financial Details
Annual Taxes
$13,187
Tax year 2025
Parcel Number
09032000140000
Directions
Rt 12, 1 1/2 blocks north of Rt 120 on the west side of street next to Speedway.
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Volo, IL
- $345,455
- Median Listing Price
- 30
- Median Days on Market
- 2,051
- Median Sq Ft
- $182
- Median Price / Sq Ft
- 16
- Active Listings
- This home’s price is 37% above the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Volo, IL.
Location
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Points of Interest in Volo, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 441 Red Oak Circle, Volo, IL | $339,490 | 3 | 3 | 1,894 |
| 309 Red Oak Circle, Volo, IL | $349,490 | 3 | 3 | 1,767 |
| 341 Red Oak Circle, Volo, IL | $349,900 | 3 | 3 | 1,767 |
| 305 Red Oak Circle, Volo, IL | $359,990 | 3 | 3 | 1,767 |
| 517 Red Oak Circle, Volo, IL | $373,990 | 3 | 3 | 2,221 |
| 941 Brahms Road, Volo, IL | $380,000 | 4 | 3 | 2,117 |
Moving Cost Estimate
EXIT Agents in Volo
Listing Courtesy: Chris Kare Realty LLC - 7086337227
Last Updated: 2026-05-19