Lake Villa Retail Space for Sale

Currently, there are 4 Retail Space listings for sale near Lake Villa, IL. LoopNet consistently updates its retail listings with the latest properties added on a regular basis.

The average price per square foot for Lake Villa Retail Space for sale is about $147. The cost of retail space is generally influenced by its location, size, and condition. Prime locations and larger, well-maintained spaces are generally more expensive, with the highest price of retail space in Lake Villa, IL going for $223/sqft.

The average size of Retail Space available for sale in Lake Villa, IL is approximately 12,930 SF. The largest Retail Space available for sale is 19,200 SF and the smallest is 4,200 SF.

Determining the size of retail space you'll need to buy depends on factors such as the type of business and space needed for services, number of employees, storage needs, etc.

Cap rates for retail properties in Lake Villa, IL typically range between 7.06% and 7.06%, with variations influenced by factors including tenant quality, lease terms, and property age. Read more about cap rates and other factors that influence them such as location, property type and market conditions.

Conduct the proper due diligence including these factors to find the right retail space to buy in Lake Villa, IL:

• Location: Align with your target market and offer visibility
• Foot Traffic: Choose an area in Lake Villa with high foot traffic, if possible
• Size and Layout: Size and layout should accommodate your needs
• Physical Condition and Maintenance: Factor in maintenance costs and potential renovation needs
• Zoning and Regulations: Ensure compliance with zoning regulations and permits for your intended use