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855 E Grand Ave

16,299 SF Retail Building Lake Villa, IL 60046 $3,600,000 ($221/SF)

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-purposed, 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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,299 SF
Building Class
C
Year Built
2003
Price
$3,600,000
Price Per SF
$221
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 FT on Grand Avenue

Amenities

  • 24 Hour Access
  • Corner Lot
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Former Auto/Motorcycle Dealer
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Former Auto/Motorcycle Dealer Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 16,299 SF
  • Retail
  • -
  • Now

Easily re-purposed, 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.

Space Size Space Use Position Available
1st Floor 16,299 SF Retail - Now

1st Floor

Size
16,299 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 16,299 SF
Space Use Retail
Position -
Available Now

Easily re-purposed, 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.

Nearby Major Retailers

BMO
Butera Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-03-101-079
Land Assessment
$240,742
Improvements Assessment
$289,346
Total Assessment
$530,088
  • Listing ID: 32084097

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 855 E Grand Ave, Lake Villa, IL 60046

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