MLS® ID: 09708875

777 South Milwaukee Avenue

LAKE VILLA, Illinois, 60046

$1,499,000 Active
  • - SQFT
EXCELLENT INVESTMENT OPPORTUNITY. HIGH VISIBILITY AND HIGH TRAFFIC COUNT WITH 405' OF FRONTAGE ON BUSY RT 83. BUILDING HAS 7 RENTABLE STORE FRONTS AND A 10% CAP RATE WHEN 100% OCCUPIED CURRENTLY 80% OCCUPIED. THERE IS ADDITIONAL SHOP SPACE WITH 12' CEILINGS AND 3 10X10 OVERHEAD DOORS. THERE ARE ALSO 2 RENTABLE OFFICES ABOVE THE SHOP AREA. LOTS OF POTENTIAL TO GENERATE MORE INCOME. LONG LEASES INTACT FOR CURRENT TENANTS. POTENTIAL FOR OWNER FINANCING.
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Listing courtesy of Realty World Tiffany R.E.

Amenities

  • Zip
    60046
  • Office name
    Realty World Tiffany R.E.
  • Property type
    Retail/Stores
  • Year built
    1992
  • Heating
    Forced Air,Gas
  • Tax year
    2018
  • Office ID
    2000
  • Agent ID
    247080
  • Agent name
    Bryan Shaughnessy
  • Tax amount
    $ 51582.0
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Year Built Range
    1990-1999

Location

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