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473 Park Ave 1,500 SF Office Condo Unit Offered at $185,000 in Lake Villa, IL 60046
Investment Highlights
- ADA-compliant restroom and accessible layout for ease of use.
- Brick/block construction with central air conditioning and gas heating.
- Furniture and file cabinets included for immediate operational readiness.
- Includes private office, conference room, break room, and four workstation areas.
- Close proximity to I-94, facilitating quick connectivity to Chicago and Milwaukee.
- Low monthly association fee includes snow removal, insurance, and landscaping.
Executive Summary
473 Park Avenue is located in Lake Villa, Lake County, Illinois, within a business park zoned Limited Industrial (LI-2). The property offers electric, gas, and water utilities on site and provides municipal sewer service. Access routes include Illinois Route 132 and Route 83, connecting to regional thoroughfares and surrounding commercial districts. Parking accommodates approximately 13–18 vehicles. The structure is brick exterior with flat roof construction and includes ceiling tile finishes and HVAC with central air. Nearby uses include commercial and research facilities, financial and professional offices, and service-oriented businesses.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 06-04-207-024 |
| No. Parking Spaces | 10 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 06-04-207-024 |
Description
Move in ready! This professional office space features a ceramic tiled entry, 4 work stations, privateoffice, conference room, break room with full size refrigerator, storage room and ADA bathroom. Natural light from abundant windows. Ample parking. Brick/block construction. Cental AC and gas forced heat. 200 AMP service. Easy access to I 94 just 8 miles east of Park Place Industrial Park. Warm, earth tone colors. Ideal for counseling group, accounting, medical billing, call center, "Boiler room" sales, law office, insurance sales,
etc...Very private location with signage on Park Avenue. Low association of 150 monthly includes snow removal, landscaping, insurance, exterior maintenance, disposal, etc... Flexible Owner will sell, rent or lease with option to buy! Owner will include all office furniture and file cabinets. This is a "turn key" office space at a great price!
etc...Very private location with signage on Park Avenue. Low association of 150 monthly includes snow removal, landscaping, insurance, exterior maintenance, disposal, etc... Flexible Owner will sell, rent or lease with option to buy! Owner will include all office furniture and file cabinets. This is a "turn key" office space at a great price!
Sale Notes
Positioned just moments from major transportation routes, this professional office unit offers an owner-user or investor an adaptable and well-designed space in the Lake Villa business market. The property presents a move-in ready configuration that includes a secure ceramic-tiled entry, professional private office, conference room, and multiple workstations complemented by ample natural light through large windows. Additional amenities include a break room with full-size refrigerator, ADA-compliant restroom, and storage area, all supported by robust 200 AMP service, central air, and gas heating.
Situated less than two miles from I-94, the site provides direct access to Chicago and Milwaukee corridors while benefiting from low association fees covering landscaping, snow removal, insurance, and exterior maintenance, ensuring manageable operating costs. The building’s brick/block exterior adds durability and sound insulation, making it suitable for counseling, financial services, law firms, medical billing, or call centers. Offered with all office furniture and file cabinets included, this property simplifies ownership with minimal upfront investment.
Situated less than two miles from I-94, the site provides direct access to Chicago and Milwaukee corridors while benefiting from low association fees covering landscaping, snow removal, insurance, and exterior maintenance, ensuring manageable operating costs. The building’s brick/block exterior adds durability and sound insulation, making it suitable for counseling, financial services, law firms, medical billing, or call centers. Offered with all office furniture and file cabinets included, this property simplifies ownership with minimal upfront investment.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 500 | 1,500 SF | Office | $185,000 ($123.33/SF) | - |
Unit 500
| Unit Size |
| 1,500 SF |
| Condo Use |
| Office |
| Price |
| $185,000 ($123.33/SF) |
| NOI |
| - |
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Unit 500
| Unit Size | 1,500 SF |
| Condo Use | Office |
| Price | $185,000 ($123.33/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 06-04-207-024 |
| Description | |
| Move in ready! This professional office space features a ceramic tiled entry, 4 work stations, privateoffice, conference room, break room with full size refrigerator, storage room and ADA bathroom. Natural light from abundant windows. Ample parking. Brick/block construction. Cental AC and gas forced heat. 200 AMP service. Easy access to I 94 just 8 miles east of Park Place Industrial Park. Warm, earth tone colors. Ideal for counseling group, accounting, medical billing, call center, "Boiler room" sales, law office, insurance sales,<br> etc...Very private location with signage on Park Avenue. Low association of 150 monthly includes snow removal, landscaping, insurance, exterior maintenance, disposal, etc... Flexible Owner will sell, rent or lease with option to buy! Owner will include all office furniture and file cabinets. This is a "turn key" office space at a great price!</li></ul> | |
| Sale Notes | |
| Positioned just moments from major transportation routes, this professional office unit offers an owner-user or investor an adaptable and well-designed space in the Lake Villa business market. The property presents a move-in ready configuration that includes a secure ceramic-tiled entry, professional private office, conference room, and multiple workstations complemented by ample natural light through large windows. Additional amenities include a break room with full-size refrigerator, ADA-compliant restroom, and storage area, all supported by robust 200 AMP service, central air, and gas heating.<br> Situated less than two miles from I-94, the site provides direct access to Chicago and Milwaukee corridors while benefiting from low association fees covering landscaping, snow removal, insurance, and exterior maintenance, ensuring manageable operating costs. The building’s brick/block exterior adds durability and sound insulation, making it suitable for counseling, financial services, law firms, medical billing, or call centers. Offered with all office furniture and file cabinets included, this property simplifies ownership with minimal upfront investment.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- Signage
- Air Conditioning
Utilities
- Lighting
- Heating
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Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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473 Park Ave