Lake Villa, IL
Commercial Real Estate Market Trends & Data

$179 Avg asking sale price
$16 Avg asking lease rate
7,505 SF Avg unit lease size
34,503 SF Avg building size for sale
8.36% Average cap rate

Lake Villa's Demographic Profile

Lake Villa has 2,962 households and a median income of $101,477, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 8,091
# Households 2,962
Median age 41
Median household income $101,477
Avg household size 3.0
Renter-occupied housing units 756
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lake Villa, IL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Wildwood $265 14,715 SF 1.05%
Grayslake $265 14,715 SF 1.05%
Nearby Retail Markets Avg Cost/SF Typical Size
Lake Villa $148 4,598 SF
Round Lake Beach $89 4,200 SF
Third Lake $156 2,878 SF
Antioch $482 3,010 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lake Villa $169 4,350 SF 8.36%
Antioch $175 3,837 SF 8.36%
Waukegan $197 6,544 SF 9.54%

Commercial Properties For Sale in Lake Villa

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

473 Park Ave

Lake Villa, IL 60046

  • 8,720 SF Industrial Building
  • $185,000
For Sale

E Rollins Rd & N Cedar Lake Rd

Round Lake Beach, IL 60073

  • 1.69 AC Lot
  • 1 Commercial Lot
  • $563,469
For Sale

Lake Villa Turn Key Restaurant

Lake Villa, IL 60046

  • 4,995 SF Retail Building
  • $1,100,000
For Sale

1440 Grand Ave

Lindenhurst, IL 60046

  • 4,100 SF Retail Building
  • $899,990
For Sale

131 E Rollins Rd

Round Lake Beach, IL 60073

  • 4,200 SF Retail Building
  • $375,000
For Sale

0 Rollins Rd, Round Lake Beach, IL

Round Lake Beach, IL 60073

  • 3.69 AC Lot
  • 1 Commercial Lot
  • $995,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lake Villa pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lake Villa $179 34,503 SF
Lindenhurst $162 31,769 SF
Round Lake Beach $119 49,931 SF
Round Lake Heights $159 68,198 SF
Third Lake $91 38,820 SF

Regional Demographic Comparison

This comparison places Lake Villa alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lake Villa or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lake Villa 8,091 2,962 41 $101,477 3 756 -1%
Lindenhurst 13,890 4,882 41 $120,217 3 667 -2%
Round Lake Beach 25,680 7,842 35 $81,612 3 2,073 -2%
Round Lake Heights 2,262 741 37 $86,764 3 148 -3%
Third Lake 1,136 397 43 $129,427 3 31 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lake Villa, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lake Villa

View All Commercial Real Estate For Sale in Lake Villa
Is Lake Villa a good market for a first-time commercial real estate investor?

Lake Villa offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lake Villa?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lake Villa. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lake Villa?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lake Villa. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lake Villa compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lake Villa. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lake Villa acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lake Villa, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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