473 Park Ave - Warehouse CONDO FOR SALE


Lake Villa, IL 60046
$185,000 USD
847-508-5263
473 Park Ave, Lake Villa, IL for Sale
$185,000 USD
Warehouse CONDO - FOR SALE
1/39
null | Request Cap Rate

473 Park Ave
Lake Villa, IL 60046


HIGHLIGHTS

  • ADA-compliant restroom and accessible layout for ease of use.
  • Includes private office, conference room, break room, and four workstation areas.
  • Brick/block construction with central air conditioning and gas heating.
  • Close proximity to I-94, facilitating quick connectivity to Chicago and Milwaukee.
  • Furniture and file cabinets included for immediate operational readiness.
  • Low monthly association fee includes snow removal, insurance, and landscaping.

OVERVIEW

Positioned just moments from major transportation routes, this professional office unit offers an owner-user or investor an adaptable and well-designed space in the Lake Villa business market. The property presents a move-in ready configuration that includes a secure ceramic-tiled entry, professional private office, conference room, and multiple workstations complemented by ample natural light through large windows. Additional amenities include a break room with full-size refrigerator, ADA-compliant restroom, and storage area, all supported by robust 200 AMP service, central air, and gas heating. Situated less than two miles from I-94, the site provides direct access to Chicago and Milwaukee corridors while benefiting from low association fees covering landscaping, snow removal, insurance, and exterior maintenance, ensuring manageable operating costs. The building’s brick/block exterior adds durability and sound insulation, making it suitable for counseling, financial services, law firms, medical billing, or call centers. Offered with all office furniture and file cabinets included, this property simplifies ownership with minimal upfront investment.

FOR SALE DETAILS

PRICE

$185,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

8,720 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

L1-2

APN/PARCEL ID

06-04-207-020,06-04-207-021,06-04-207-024

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 Notice.