95 W Grand Ave - Medical FOR SALE


Lake Villa, IL 60046
$779,000 USD
847-508-5263
95 W Grand Ave, Lake Villa, IL for Sale
$779,000 USD
Medical - FOR SALE
1/19
null | Request Cap Rate

95 W Grand Ave
Lake Villa, IL 60046


HIGHLIGHTS

  • 500—1,600 sq. ft spaces
  • Common Area Bathrooms
  • Walk to Metra Station
  • Landlord Pays Most Utilities
  • Ample Parking

OVERVIEW

Cedar View Plaza Office Building 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. 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.

FOR SALE DETAILS

PRICE

$779,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CB

APN/PARCEL ID

06-05-202-072

ASK ABOUT THIS PROPERTY

Robert FrankRobert E. Frank Real EstateMore Info
847-508-5263

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Robert FrankRobert E. Frank Real EstateMore Info
847-508-5263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.