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500 Park Ave 2,929 SF Flex Condo Unit Offered at $336,000 in Lake Villa, IL 60046

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Investment Highlights

  • End unit at property entrance
  • Impeccably maintained
  • Fully temperature controlled
  • Large windows provide lots of natural light
  • 12' overhead drive-in door
  • Move-in ready

Data Room Click Here to Access

Property Facts

Total Building Size 47,731 SF
Property Type Industrial (Condo)
Property Subtype
Warehouse
  • Flex Research & Development
  • Flex Showroom
  • FlexLight Distribution
Building Class B
Floors 1
Typical Floor Size 47,731 SF
Year Built 1996
Lot Size 1.10 AC
Parking Ratio 2.2/1,000 SF
Zoning I-1, Lake Villa

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

1 Unit Available

Unit 101

Unit Size 2,929 SF
Price $336,000
Price Per SF $114.71
Condo Use Flex
Sale Type Owner User
APN/Parcel ID 06-04-208-001
Description

Offered for sale is a 2,909 square foot flex condominium located at 500 Park Avenue in Lake Villa. This exceptionally well-maintained corner unit features an efficient and functional layout, with approximately two-thirds improved office space and one-third warehouse space.
The office area is bright and inviting, with expansive windows spanning the entire north elevation, providing abundant natural light throughout the space. New carpet has recently been installed, enhancing the professional appearance and move-in-ready condition of the office build-out.
The office area includes a spacious waiting and reception area, an additional reception/workstation area, two large private offices, and two restrooms. The warehouse component is equipped with a 12-foot overhead drive-in door for convenient loading and deliveries. The entire unit, including the warehouse, is fully temperature controlled to ensure year-round comfort and functionality.
Strategically positioned at the entrance of the business park, this highly visible end-unit offers excellent exposure from Route 83. Prominent exterior signage is available on both the east and north elevations of the building, providing outstanding branding opportunities.
This property presents an excellent opportunity for an owner-user seeking a high-quality flex space in a desirable location.

Sale Notes

First time this unit has become available in over 20 years. This is an ideal space for a variety of professional or light industrial users.

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+7 More

Floor Plan - 500 Park Ave Unit 101
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View Photo Floor Plan - 500 Park Ave Unit 101
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  • Listing ID: 39588776

  • Date on Market: 2/26/2026

  • Last Updated:

  • Address: 500 Park Ave, Lake Villa, IL 60046

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