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$549,000   Price Analysis
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1671 N Milwaukee Ave
Lake Villa, IL 60046
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2.6 acre lot.
Listed 2024-06-07		Ⓧ USDA Ineligible
due to property
near Lake Villa

Highly desirable location on heavily traveled Milwaukee Ave.(Rt.

83). 2.6 acres of prime commercial property with most of it already covered in concrete parking. This property has so many uses as it is zoned SB. suburban business. The Village of Lake Villa is anxious to assist the new owners in developing this property an awesome location for your future business.

Proprty is currently producing $2500 per month in income from a bus company for parking buses on the back side of the property.


Presented by Ron Becker, Broker Associate at
RE MAX Advantage Realty.
Listing Agent Photo

Property MLS #12078457 from MRED

Total Bathrooms: 0

Yes

Additional Parcels Description: 02204000370000
Additional Parcels: Yes
Lot Size Acres: 2.6
Lot Size Dimensions: 575X120X520X277
Lot Size Square Feet: 113256

Frontage Length: 575
Frontage Type: State Road
Road Surface Type: Asphalt

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: 34
High School District: 117

Antioch Community High School is a public high school located approximately 1.8 miles away.
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Oakland Elementary School is a public elementary school located approximately 1.4 miles away.
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Faith Evangelical Lutheran School is a private elementary and middle school located approximately 1.5 miles away.
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Gateway School is a public elementary, middle and high school located approximately 1.5 miles away.
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Annual Tax Amount: 4251.88
Source Listing Status: Active
County: Lake
Current Use: Commercial
Directions: Rt. 83 South of Grass Lake Rd. to property on East Side of 83. (used to be MR J's Motors)
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Land
Parcel Number: 02204000360000
Township: Antioch
Property Subtype: Land
Source System Name: C2C

Listed 2024-06-07
$549,000
MRED

Electric to Site
Gas to Site
Holding Tank/s
Well Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.