95 W Grand Avenue, Lake Villa, IL 60046
Lake County
Key Facts
Description
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. Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 newer rooftop units for heat. Newer GacoFlex roof coating. Tenants pay individual office electric while Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes block 32x40 garage with fenced in material yard on over one acre of land. Original builder/owner looking to retire. Long time tenants include Air Technicians, Brooks Allen and Business to Business. Lake Villa may allow conversion of second floor to apartments. Financials upon request and NDA. Please allow 24 hours for showings. Call for available office spaces.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1980
Stories
2
Living Area
15,302 sq ft
Lot Size
1.13 acres
Lot Dimensions
188X303X59X78X130X226
Zoning
COMMR
Days on Market
165
MLS® Listing#
12518331
Property Features
Cooling
Flooring
Construction
Foundation
Roof
Utilities
Financial Details
Annual Taxes
$18,260
Tax year 2024
Parcel Number
06052020720000
Directions
Route 83 & Grand Avenue, West to Cedar View Office building
Affordability Calculator
$155,800
Estimated monthly payment
$4,146/mo
Principal $623,200 · Est. interest $869,419 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake Villa, IL
- $424,590
- Median Listing Price
- 32
- Median Days on Market
- 2,000
- Median Sq Ft
- $216
- Median Price / Sq Ft
- 446
- Active Listings
- This home’s price is 83% above the area median.
- Its price per sq ft is 76% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake Villa, IL.
Location
Points of Interest in Lake Villa, IL
Showing the Lake Villa area map.
Nearby Schools
Lake Villa CCSD 41
School · 0.4 mi away
Peter J Palombi School
Secondary · 0.4 mi away
Pleviak Elementary School
Elementary · 0.5 mi away
Allendale School
Secondary · 0.7 mi away
Prince of Peace School
School · 0.8 mi away
William L Thompson School
Elementary · 0.9 mi away
Martin Elementary School
Elementary · 1.8 mi away
Champions at Oakland Elementary
Elementary · 2.2 mi away
Oakland Elementary School
Elementary · 2.2 mi away
First Steps Nursery School
School · 2.2 mi away
Round Lake Middle School
Secondary · 2.2 mi away
Indian Hill Elementary School
Elementary · 2.3 mi away
Lakes Community High School
Secondary · 2.4 mi away
Antioch Community High School
Secondary · 2.5 mi away
Lindenhurst Early Childhood Center
School · 2.6 mi away
Beach Elementary School
Elementary · 2.8 mi away
Avon Center School
Elementary · 2.9 mi away
Grayslake North High School
Secondary · 3.1 mi away
Saint Bede School
School · 3.2 mi away
Gavin Central School
Elementary · 3.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 227 Lake Summerset Road, LAKE SUMMERSET, IL | $549,000 | 3 | — | 2,587 |
| 172 E Lakeview Avenue, Round Lake Beach, IL | $549,000 | 4 | 3 | 2,884 |
| 11A65 Fairway Drive, APPLE CANYON LAKE, IL | $549,900 | 4 | — | 4,041 |
| 1080 Cardinal Drive S, Lake Zurich, IL | $549,900 | 3 | 2 | 2,300 |
| 1290 N Western Avenue 103, Lake Forest, IL | $549,900 | 2 | 2 | 1,463 |
| 514 S Yale Avenue, Villa Park, IL | $549,900 | 3 | 2 | — |
Moving Cost Estimate
EXIT Agents in Lake Villa
Listing Courtesy: Robert E. Frank Real Estate - 8473565263
Last Updated: 2025-11-14