Listing provided courtesy of Robert E. Frank Real EstateMREDas Distributed by MLSGrid- MLS# 12518331MLS Provider

95 W Grand AvenueLake Villa, IL 60046

Commercial · 15,302 Sq. ft. | 1.13 Acres
$779,000 Active

95 W Grand Avenue Overview

Time on Site:
227 days
Visits:
1

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.

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95 W Grand Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 15,302
  • Price/Sq.ft. $51
  • Lot 1.13 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Gross Income: 0
  • Gross Scheduled Income: 128960
  • Net Operating Income: 27766
  • Operating Expense: 101193

Building Information

  • Year Built: 1980

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Lake Villa / Lindenhurst
  • Township: Lake Villa

Rent/Lease Information

  • Tenant Pays: Electricity, Varies by Tenant

Tax Information

  • Tax Annual Amount: $18,260.00
  • Tax Year: 2024

General Information

  • Parcel Number: 06052020720000
  • Possible Use: Commercial,Condominium,Office,Retail,Special Use
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 15302

General Information

  • Cooling: Central Air
  • Electric: Separate Meters, Service - 0 to 100 Amps
  • Flooring: Carpet, Concrete, Tile, Varies, Vinyl
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 2100
  • Stories: 2

Unit Information

  • Unit SqFt.: 15302

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: State Road
  • Lot Size Acres: 1.13
  • Lot Size Dimensions: 188X303X59X78X130X226
  • Lot Size Square Feet: 49262
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Wood, Cedar, Shingle Siding
  • Roof: Composition, Membrane

General Information

  • Number Of Units Total: 18
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

95 W Grand Avenue Neighborhood

Community

60046 (Lake Villa) Demographics

38
Median Age
1,339
Population Density (per sq. mile)
51%
College Educated
$104,960
Estimated Median Income
9,827
Estimated Total Home Owners
2,165
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

95 W Grand Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

95 W Grand Avenue Market Data

Based on the last 30 days in this zip code

$397,632
Average List Price
$203
Average Price per Square Foot
43
Properties Sold
43
Average Days on Market
91
Properties for Sale
Calculations provided by Reliance Network

95 W Grand Avenue History

Date Event Value Agent
11/19/2025Source: MRED Status Change
Active
11/14/2025Source: MRED Added to Database
November 14, 2025