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95 W Grand Ave
15,213 SF 89% Leased Office Building Lake Villa, IL 60046 $779,000 ($51/SF)
Investment Highlights
- 500—1,600 sq. ft spaces
- Walk to Metra Station
- Ample Parking
- Common Area Bathrooms
- Landlord Pays Most Utilities
Executive Summary
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. Some spaces have views of Cedar Lake! Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 rooftop units for heat and AC. Two HVAC units are newer along with newer roof coating. Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes masonry 32x40 garage with fenced in material yard
on one acre of land. Approx 90% occupied on year to year lease agreements. Financials upon request and NDA. Please allow 24 hours for
showings.
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$22,902
|
$1.51
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$22,902
|
$1.51
|
Financial Summary (Actual - 2021)
| Taxes | |
|---|---|
| Annual | $22,902 |
| Annual Per SF | $1.51 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $22,902 |
| Annual Per SF | $1.51 |
Property Facts
Amenities
- Commuter Rail
- Signage
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Cedar View Plaza office building is ready to house your business. Lots of flexibility to lease space. Unit 212 is approx 1600 square feet and divisible. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Common area hallways with fresh paint and carpeting. Landlord pays heat, air conditioning, sewer and water! Multi tenant office building is ready for your law office, dental office, sales operation, accounting firm, counseling, etc... Walk to downtown Lake Villa and METRA station. Immediate occupancy. Many small offices suitable for social distancing. Tired of working from home? Move right into this peaceful space. Ample parking. Start out with a small office space and have room to grow!! Well priced at $13 per square foot gross for second floor office space. Easy to show.#212 is 1,600 sf
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 500-1,600 SF | Office | Partial Build-Out | Now |
2nd Floor
| Size |
| 500-1,600 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size | 500-1,600 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Cedar View Plaza office building is ready to house your business. Lots of flexibility to lease space. Unit 212 is approx 1600 square feet and divisible. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Common area hallways with fresh paint and carpeting. Landlord pays heat, air conditioning, sewer and water! Multi tenant office building is ready for your law office, dental office, sales operation, accounting firm, counseling, etc... Walk to downtown Lake Villa and METRA station. Immediate occupancy. Many small offices suitable for social distancing. Tired of working from home? Move right into this peaceful space. Ample parking. Start out with a small office space and have room to grow!! Well priced at $13 per square foot gross for second floor office space. Easy to show.#212 is 1,600 sf
PROPERTY TAXES
| Parcel Number | 06-05-202-072 | Total Assessment | $185,201 (2023) |
| Land Assessment | $59,333 (2023) | Annual Taxes | $22,902 ($1.51/SF) |
| Improvements Assessment | $125,868 (2023) | Tax Year | 2021 |
PROPERTY TAXES
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95 W Grand Ave
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