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136 Cedar Avenue,  Lake Villa IL, 60046

(Sold)
Sold Price:
$225,000
Date:10/21/2019
|
14,171 sqft
|
MLS# 10415661
1of
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Last Updated: 10/23/2019 8:41 AM
Description for 136 Cedar Avenue Lake Villa, IL 60046
Former auto dealership with 14,171 square feet in downtown Lake Villa TIF district. Possibilities are endless. Restaurant, brew pub, reception hall, youth center, professional office or retail space. Also can demolish and build multi story with commercial use first floor and multi-family residential on upper floors. Classic barrel roof exposed truss, slab on grade construction. Building has good bones and needs complete rehab. Newer roof with warranty. Truss draw ties installed recently. Priced under $16 per square foot! TIF district will provide buyer with incentives to rehab or build new buildings. Walk to METRA and Lehmann Park. Be a part of the Lake Villa downtown revitalization. Owned by not for profit, motivated seller. Vision and money will make this a truly unique destination. Vacant on lock box.
Price
Sold Price:
$225,000
Sold Date:10/21/2019
Lake
14,171 (approx)
10415661
Sold
Description
Former auto dealership with 14,171 square feet in downtown Lake Villa TIF district. Possibilities are endless. Restaurant, brew pub, reception hall, youth center, professional office or retail space. Also can demolish and build multi story with commercial use first floor and multi-family residential on upper floors. Classic barrel roof exposed truss, slab on grade construction. Building has good bones and needs complete rehab. Newer roof with warranty. Truss draw ties installed recently. Priced under $16 per square foot! TIF district will provide buyer with incentives to rehab or build new buildings. Walk to METRA and Lehmann Park. Be a part of the Lake Villa downtown revitalization. Owned by not for profit, motivated seller. Vision and money will make this a truly unique destination. Vacant on lock box.
Listing Information
Property Type: Retail, 1 Story
14,171 (approx) 1
Other, Electric To Site, Gas To Site, Sanitary Sewer To Site, Water-Community, Water To Site
Neighborhood
Room Information
Interior Features
Gas Heat
Exterior / Lot Features
Fenced, Lighted
None
129X123X109X88X247X200
COMMR
Overhead Doors, Central Business District, Public Transport
Driving Directions
Cedar Avenue in downtown Lake Villa, property just west of the railroad tracks.
Financial Considerations
02333050340000
$4,726
Listing Price History
sourceMLS

Lake Villa Real Estate

Lake Villa is located in Illinois. Lake Villa, Illinois 60046 has a population of 8,702.

The median household income in Lake Villa, Illinois 60046 is $68,642. The median household income for the surrounding county is $67,200 compared to the national median of $49,877. The median age of people living in Lake Villa 60046 is 38 years.

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Courtesy: Robert E. Frank Real Estate
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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