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37733 N Il Route 59 Route Lake Villa, IL 60046

$487,400
Active / MLS# 12641826 / Commercial - Investment / Lake Villa
0 Beds
2400 SqFt

Live and work in this stately American Four-Square Architectural Home! It sits high on Route 59. 12,100 cars per day on this main arterial route makes for great commercial capacity, while the home sits far enough off of the road for privacy. 1 percent of traffic is 120 customers per day. Multiply that by your profit for an idea of how much business that means to you. 2 acres of General Commercial zoned property is unincorporated Lake County but has municipal water and sewer on the property. This 4 bedroom 2 bath house is quite large and each room offers huge spaces with 9' ceilings. The 10 room house (not including the basement or attic) is functional but dated and needs some repairs and updating. However, the family has lived there since 1998, and everything works on the property. Main floor is made up of a huge living room, dining room, entryway, kitchen and formal study/ library/ parlor with virgin forest wood plank floors. The study has its own oval beveled glass entry door next to the main entry door, for separate business use, without disturbing the private home. Perfect for separate apartment, VRBO or Airb&b, perhaps a office, or antique store. The first-floor bath is so large and divided that an additional bath could be added for access from the kitchen, while sustaining a full bath to the separate study/ parlor. (See conceptual floorplan.) The 2nd floor is made up of 4 large bedrooms, a huge 12'x7 bathroom with huge stairway and a loft study area in the hallway just off of the Master Bedroom. Again, the 2nd floor bath could be divided for two separate baths, or a full bath and laundry room. The large 2nd floor hall closet has a built-in ladder to access what could possibly become additional living space. There is a treasure for those who can restore without getting too involved. Ideal uses would be a VRBO or Airbnb investment, senior assisted living or special needs arrangement. Some other suggested commercial uses would be lawyers' office, bed & breakfast, hotel/ motel, daycare center/ school, funeral home, nursing home, personal or professional services, retreat, recreational, self-storage center, convenient store and gas station, meeting hall or garage for service work. These 2 acres are located adjacent and south of Fox Lake Hills' water tower and municipal pump house. Nobody will ever build to the north, nor to the east. The land and forest between the pump house visually soften its quiet neighbor. The rear of the property abuts to Lake County's prized Grant Woods Forest Preserve, boasting wildlife, a pond with migratory birds, 4.5 miles of snowmobile trails that tie into miles of state trails, and 6 miles of paved or gravel trails, with 1 mile of grass trails just outside the back yard for daily walks, snow shoes, cross country, bike rides or horseback riding in this quality nature preserve. The property itself has its own forest preserve with significant oaks, hickory, apple and cherry blossoms that soften the main road. Il

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Baird & Warner Eric Sdrenka Agent Cell: 224.242.5922 Email

Property Details

Property Type: Commercial - Investment
Cooling: Window Unit(s)
Lot Size: 2.16 Acres
Roof Type: Composition, Fiberglass
Stories: 3.0
Taxes: $6,186

Feature Descriptions

Current Use: Legal Non Conforming
Drains: Patio
Exterior: Concrete, Wood
Frontage Type: City Street, County Road, Public Road, State Road, Township Road, US Highway, Paved
HVAC: Central Bldg Heat, Gas, Radiators
Location: Forest Preserve Adjacent, Mixed Use Area, Park Adjacent, Water View, Free Standing/Urban, Not in City Limits, High Traffic Area
Lot Dimensions: 352x266x351x266
Miscellaneous Indoor: Common Exercise Room/s, Common Lunchroom/s, Common Meeting Room/s, Elevator/s Passenger, Accessible Entrance, Accessible Washroom/s, Private Restroom/s, Public Restroom/s, Storage Inside, Other, Laundry Room
Miscellaneous Outdoor: Patio
Parcel#: 05012000210000
Parking: 6-12 Spaces
Potential Use: Commercial, Conditional Use, Condominium, Estate, Legal Non Conforming, Liquor License, Non Conforming, Recreational, Residential, Multi-Family, Single Family, Retail, Special Use, Other
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Location

See details and scored characteristics about this location.

Listing Office: Northwest Suburban Real Estate

Listing Office Phone: 855-455-4652



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