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855 E Grand Ave
Lake Villa, IL 60046
Retail Property For Sale

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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-purpose, 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
$4,476,258 CAD
Price Per SF
$274.63 CAD
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’ on Grand Avenue

AMENITIES

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-03-101-079
Land Assessment
$339,242 CAD
Improvements Assessment
$407,732 CAD
Total Assessment
$746,974 CAD
  • Listing ID: 32084097

  • Date on Market: 2024-06-10

  • Last Updated:

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

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