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855 E Grand Avenue

Lake Villa, Illinois 60046


Sheila Montet
847.381.0300

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$2,550,000


Square Footage
16,299
Sheila Montet
847.381.0300
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Property Type
Retail Store
Neighborhood
Lake Villa


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.



Full Features
Built: 0000
Cooling System: Central Air
Stories: 1
Ceiling Height: 20
Zoning: COMMR
# of Drive-In Doors: 6
Building Square Feet: 16,299


Taxes & Assessments
Taxes: $76,757

Listing Office: Auction Works

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Lake Villa photo


Lake Villa

Located approximately 50 miles northwest of Chicago, Lake Villa is a thriving community surrounded by lakes. The community was settled in the 19th century, when it served as a resort town. Lake Villa began to take shape in the 1880s…

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Nearby Public Transportation

Metra
North Central Service

at Lake Villa Metra (0.98 miles away)






855 E Grand Avenue Lake Villa, Illinois 60046 is a retail store property, currently listed at $2,550,000. Want to learn more about 855 E Grand Avenue Lake Villa, Illinois 60046? Contact an @properties agent to request more info.


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