The median home value in Lake Villa, IL is $294,000.
This is
lower than
the county median home value of $300,000.
The national median home value is $308,980.
The average price of homes sold in Lake Villa, IL is $294,000.
Approximately 73% of Lake Villa homes are owned,
compared to 21% rented, while
6% are vacant.
Lake Villa real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lake Villa real estate agent to arrange a tour today!
Learn more about Lake Villa.
Investment Property with value-add opportunity! Crossings Plaza is a well-maintained strip center with great visibility and full ingress / egress. 2001 roof replaced, exterior lights updated 2022, dumpster corellas replace 2022. 16 Unit building 9 tenants in place 1 available units.
Explore this versatile warehouse unit in Lake Villa's prime commercial area, previously an Allstate office since 2005. Whether you're buying or renting, this space is ready for your business needs. The well-lit main office area, two private offices, and a storage room cater to various requirements. Enjoy the convenience of a kitchenette and restroom. Don't miss this opportunity to establish or expand your business in a well-maintained, adaptable space. Purchase or lease for the flexibility and amenities you need. **View the Virtual 3D Tour to preview the property easily.**
Cedar View Plaza Office Building (14,000 square feet and warehouse 1,280 square feet) being sold by original builder after 40 plus years ownership! This brick and frame professional office building offers lots of flexibility to lease space. Originally constructed for medical office the building has evolved into professional/service businesses. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 rooftop units for heat and AC. Three HVAC units are newer along with newer roof coating. Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes masonry 32x40 garage with fenced in material yard on one acre of land. Approx 85% occupied on year to year lease agreements. Village of Lake Villa will consider conversion of second floor to residential apartments. Long time owner looking to retire/get out of management. Financials upon request and NDA. Please allow 24 hours for showings. Grand Avenue land bridge construction to be completed end of 2024. Can access westbound on Grand. Call for office available office spaces.