Lake Villa, IL 60046,136 Cedar Avenue
Lake Villa, IL 60046,136 Cedar Avenue
Lake Villa, IL 60046,136 Cedar Avenue
26
$225,000
$225,000
Est.Price: ?

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14,171 SqFt

136 Cedar Avenue Lake Villa, IL 60046

Est. payment /mo
SOLD DATE : 10/21/2019

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Key Details

Sold Price $225,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 14,171 sqft

Price per Sqft $15

MLS Listing ID 10415661

Sold Date 10/21/19

Year Built 1920

Annual Tax Amount $4,725

Tax Year 2018

Lot Dimensions 129X123X109X88X247X200

Property Description

Former auto dealership with 14,171 square feet in downtown Lake Villa TIF district. Possibilities are endless. Restaurant, brew pub, reception hall, youth center, professional office or retail space. Also can demolish and build multi story with commercial use first floor and multi-family residential on upper floors. Classic barrel roof exposed truss, slab on grade construction. Building has good bones and needs complete rehab. Newer roof with warranty. Truss draw ties installed recently. Priced under $16 per square foot! TIF district will provide buyer with incentives to rehab or build new buildings. Walk to METRA and Lehmann Park. Be a part of the Lake Villa downtown revitalization. Owned by not for profit, motivated seller. Vision and money will make this a truly unique destination. Vacant on lock box.

Location

State IL

County Lake

Zoning COMMR

Interior

Cooling None

Flooring Concrete

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Community, Water to Site

View Y/N true

Roof Type Membrane,Reflective Coating

Building

Foundation Concrete Perimeter

Structure Type Brick,Block

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Listed by Robert Frank • Robert E. Frank Real Estate
Bought with Robert Frank • Robert E. Frank Real Estate

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agent

Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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