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500 Park Ave
Lake Villa, IL 60046

$336,000 USD

Warehouse Condo For Sale  •  2,929 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 47,731 SF
  • Lot Size 1.1 AC
  • Building Class B
  • Year Built 1996
  • Tenancy Multiple
  • Zoning I-1, Lake Villa
0 Transit Score
39 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101 Flex 2,929 SF $336,000 USD
  • Unit Size: 2,929 SF
  • Condo Use: Flex
  • Price: $336,000 USD
  • Sale Type: Owner User
  • Price/SF: $114.71 USD
Description
Offered for sale is a 2,909 square foot flex condominium located at 500 Park Avenue in Lake Villa. This exceptionally well-maintained corner unit features an efficient and functional layout, with approximately two-thirds improved office space and one-third warehouse space.
The office area is bright and inviting, with expansive windows spanning the entire north elevation, providing abundant natural light throughout the space. New carpet has recently been installed, enhancing the professional appearance and move-in-ready condition of the office build-out.
The office area includes a spacious waiting and reception area, an additional reception/workstation area, two large private offices, and two restrooms. The warehouse component is equipped with a 12-foot overhead drive-in door for convenient loading and deliveries. The entire unit, including the warehouse, is fully temperature controlled to ensure year-round comfort and functionality.
Strategically positioned at the entrance of the business park, this highly visible end-unit offers excellent exposure from Route 83. Prominent exterior signage is available on both the east and north elevations of the building, providing outstanding branding opportunities.
This property presents an excellent opportunity for an owner-user seeking a high-quality flex space in a desirable location.

Sale Notes
First time this unit has become available in over 20 years. This is an ideal space for a variety of professional or light industrial users.

Highlights

End unit at property entrance
Large windows provide lots of natural light
Impeccably maintained
12' overhead drive-in door
Fully temperature controlled
Move-in ready

Major Tenants

Tenant SF Occupied Lease End Date
Accupuncture & Chiropractic
Billaby Distribution Service Inc
Chiropractic Physician
D D Custom Cycle
Great Lakes Fund Solutions Inc
HIO, LLC
Investor Services
J And B Electrical Distributor
Jaymor Electric, Inc.
Mark Lancaster

Public Transportation

Commuter RailDriveWalkDistance
Lake Villa Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 20 min 1.1 mi
Round Lake Beach Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.2 mi
Transit/SubwayDriveWalkDistance
Lake Villa Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Chicago O'Hare International 53 min - 39.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 105
Type: Surface
Included in Rent: Yes
Andrew Prunty 847-650-8299 Apex Commercial Realty LLC
Andrew Prunty 847-650-8299 Apex Commercial Realty LLC