Listed by Real Broker LLC IL
$4,200,000
850 Tower Dr, Lake Villa, IL 60046
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 1
Cap Rate 7.06%
NOI $208,471
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2006
Acreage 1.750
Zoning Commercial
🏢 Exceptional Investment Opportunity: Fully Occupied Retail Shopping Center for Sale! 🏢
Marketing description
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.
Investment highlights
850 Tower Dr is located on the Southwest corner of Grass Lake and Deep Lake Rd.
Listing Contacts
Listed by Real Broker LLC IL
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$208,471.00
$17,372.58/mo
Valuation Metrics
0
DSCR
4.96%
Cap Rate
4.96%
ROI
Map
Zoning
SB CommercialSpecial CommercialSuburban Business
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View all 244 uses Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics
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