Address
855 East Grand Avenue Lake Villa, IL
Price
$ 2,250,000
Property Attributes
  • MLS#09621159
  • TypeCommercial
  • CountyLAKE
  • CityLake Villa
  • AreaLake Villa - Lindenhurst
  • Zip60046
  • Style
  • Taxes76757
  • Price$ 2,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.08 Acres
Listing Provided Courtesy Of:
Auction Works
Property Description

This property is a 16,300 sf single-tenant retail building, formerly occupied by Mazda. Recent renovation, excellent visibility, and strong demographics make this an ideal short term investment for a value add retail owner to either re-tenant or reconfigure the existing facility. Situated on over 3 acres, this property could potentially be rezoned and redeveloped for multi-tenant retail, mixed use, or multi-family. A Phase 1 environmental was recently completed and was clean. Recent renovations include LED retrofit (total cost approx. $60K) and paved parking lot. This is a fairly new building; Rosen (the car dealership) originally built it. Rosen ceased operations in 2014. In 2015, CJ Wilson Mazda bought the property. The main showroom consists of four (4) offices, a conference room, and a reception desk.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/9/2017 Listed $2,900,000
7/7/2017 7% - $2,700,000
8/31/2017 6% - $2,550,000
11/27/2017 8% - $2,350,000
3/1/2018 5% - $2,250,000

General Features

Age 16-25 Years
Property SubType FS
Status Date 2018-03-07T06:05:27
Year Built 0000

Interior Features

Heat/ventilation Central Bldg Heat
Total Stories 1
Vowaddressdisplay Yes

Exterior Features

Drive-in Doors 6
Lot Sq Ft 134104
Managing Broker (y/n) No
TL Docks 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60046

Price
AVG $750K
$2.25M
Taxes
AVG $582,920
$76,757
Visits
AVG 27
13
Walkscore
AVG 30
29

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