216 N Milwaukee Avenue, LAKE VILLA IL 60046 Photo 1 216 N Milwaukee Avenue, LAKE VILLA IL 60046 Photo 2 216 N Milwaukee Avenue, LAKE VILLA IL 60046 Photo 3 216 N Milwaukee Avenue, LAKE VILLA IL 60046 Photo 4 216 N Milwaukee Avenue, LAKE VILLA IL 60046 Photo 5 216 N Milwaukee Avenue, LAKE VILLA IL 60046 Photo 6
Listing Courtesy of Vision Realty Investments Ltd.

No driving directions were found. Please adjust your search.

216 N Milwaukee Avenue - 10 store strip center, 75% occupied, great upside in lease-up of vacant space. Subject to court approval.

Listing information

  • MLS® ID: 09241481
  • Status: Active
  • New Construction: No
  • County: Lake
  • Style: Retail / Hospitality / Service
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1973
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $38,229

Features

Air Conditioning Central Individual
Approximate Age 36-50 Years
Backup Info Backup Package, Rent Roll
Electrical Service Circuit Breakers, Separate Meters
Extra Storage Spaces Available (Y/N) No
Fire Protection None
Franchisor Feed(y/n) No
Geographic Locale Northwest Suburban
Heat/Ventilation Forced Air, Gas
Information Court Approval Required, Show-Call Listing Office
Investment (Y/N) Yes
Other # Of Drive In Doors - 0, # Of Tenants - 5, # Of TL Docks - 0, # Of Units - 10, Approx Total Bldg Sq Ft - 14000, Estimated Tax/Sf - 2.73, Expense Year - 2015, Gross Rentable Area - 14000, Gross Rental Income $ - 17461, Net Oper Income $ - 75916, Net Rentable Area - 14000, Tax Year - 2014, Total Annual Exp - 28000, Total Annual Income - 174614, Township - Lake Villa, Zoning Type - Commr
Outdoor Parking Over 100 Spaces
Potential Use Commercial, Office and Research, Retail
Property Offered For Sale or Rent
Property Type Retail/Stores
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Real Property Taxes, Repairs and Maintenance, Scavenger, Tax Stops, Varies by Tenant
Listing Courtesy of Vision Realty Investments Ltd.