Lake Villa, IL 60046 850 Tower Drive
$4,200,000
7 more
Presented By: Real Broker, LLC
SQFT • 18,800
Home Details
Introducing an incredible investment opportunity in Lake Villa. Illinois! This retail shopping center offers a stable and lucrative income stream. With its prime location, strong tenant mix, and favorable cap rate, this property is a must see for savvy investors. Nestled on Lake Tower Crossing in Lake Villa, this Shopping Center enjoys high visibility and an excellent flow of traffic. Located in kitty corner from Lakes Community High School, which boasts an enrollment of 1,487 students, this property benefits from a steady stream of potential customers and a vibrant local community.
Presented By: Real Broker, LLC
General for 850 Tower Drive
Additional Parcels Y/NNo
Business TypeRetail
CityLake Villa
Construction MaterialsBrick, Concrete, Block
CoolingCentral Air
CountyLake
Directions850 Tower Dr is located on the Southwest corner of Grass Lake and Deep Lake Rd.
ElectricService - 101 to 200 Amps
Leasable Area
Lease TypeN/A
Lot Size Square Feet76191
MLS AreaLake Villa / Lindenhurst
ModificationTimestamp2025-08-25T21:02:02.706Z
Net Operating Income264587
Operating Expense93204
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofComposition
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount58090
Tax Year2023
Tenant PaysOther, Varies by Tenant
TownshipLake Villa
Year Built2006
ZoningCOMMR
Exterior for 850 Tower Drive
Building Area Total18800
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Frontage Road, Public Road
Lot Dimensions400X190
Additional Details
Price History
