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855 E Grand Ave
Lake Villa, IL 60046
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Architecturally attractive with mature landscape
- Lots of Natural Light
- Land for additional development
- Open Floor plan
- Lighted parking for 215 vehicles
- Adaptable to many uses
EXECUTIVE SUMMARY
Utilize as is or easily re-purpose, this modern 16,299 SF steel and glass showroom, originally built as a car dealership, is the perfect spot to
park your business. Located six miles from Gurnee Mills, the 3.078-acre site offers off-street parking for 215 vehicles. The
showroom includes a Managers Office, sales office, and Customer Lounge with a wet Refreshment Counter. The Service
Department has 10 bays with 8 lifts, an Alignment Rack, and a Wash Bay. Six Drive-in Doors provide ample access. The Parts
Department includes a two-story storage area housing electrical panels and security systems. Updated lighting (2019) and new
HVAC (2017) ensure modern amenities. Suitable for various uses, and the landlord is open to incentives.
park your business. Located six miles from Gurnee Mills, the 3.078-acre site offers off-street parking for 215 vehicles. The
showroom includes a Managers Office, sales office, and Customer Lounge with a wet Refreshment Counter. The Service
Department has 10 bays with 8 lifts, an Alignment Rack, and a Wash Bay. Six Drive-in Doors provide ample access. The Parts
Department includes a two-story storage area housing electrical panels and security systems. Updated lighting (2019) and new
HVAC (2017) ensure modern amenities. Suitable for various uses, and the landlord is open to incentives.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,299 SF
Building Class
C
Year Built
2003
Price
$3,250,000
Price Per SF
$199.40
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
3.08 AC
Zoning
SB Suburban Business
Parking
190 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
510’ on Grand Avenue
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-03-101-079 | Improvements Assessment | $294,734 |
| Land Assessment | $245,225 | Total Assessment | $539,959 |
PROPERTY TAXES
Parcel Number
06-03-101-079
Land Assessment
$245,225
Improvements Assessment
$294,734
Total Assessment
$539,959
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