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473 Park Ave
Lake Villa, IL 60046

$185,000 USD

Warehouse Condo For Sale  •  1,500 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 8,720 SF
  • Lot Size 0.57 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Multiple
  • Zoning L1-2
30 Transit Score
30 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 500 Office 1,500 SF $185,000 USD
  • Unit Size: 1,500 SF
  • Condo Use: Office
  • Price: $185,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $123.33 USD
Description
Move in ready! This professional office space features a ceramic tiled entry, 4 work stations, private office, conference room, break room with full size refrigerator, storage room and ADA bathroom. Natural light from abundant windows. Ample parking. Brick/block construction. Central AC and gas forced heat. 200 AMP service. Easy access to I 94 just 8 miles east of Park Place Industrial Park. Warm, earth tone colors.

Sale Notes
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.

Description 

473 Park Avenue, Unit 500 is located in Lake Villa, Lake County, Illinois, within a business park zoned Limited Industrial (LI-2). The property offers electric, gas, and water utilities on site and provides municipal sewer service. Access routes include Illinois Route 132 and Route 83, connecting to regional thoroughfares and surrounding commercial districts. Parking accommodates approximately 13–18 vehicles. The structure is brick exterior with flat roof construction and includes ceiling tile finishes and HVAC with central air. Nearby uses include commercial and research facilities, financial and professional offices, and service-oriented businesses.

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.

Amenities

  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Lake Villa Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 18 min 1.0 mi
Round Lake Beach Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Robert Frank 847-508-5263 Robert E. Frank Real Estate
Robert Frank 847-508-5263 Robert E. Frank Real Estate