ClosedPrice Reduced

$375,000

$397,500
39532 Il Route 59, Lake Villa, IL 60046
2 Beds2 Baths1,009 sqft111 days
39532 Il Route 59·Lake Villa, IL 60046
2Bedrooms
2Bathrooms
1,009Sq Ft
1926Year Built
About This Home

Check out this rare gem! Own a 72x30 heated steel building with a full foundation, featuring a 12ft drive-in door, office space on the 2nd level, main shop area with a 13ft high ceiling and partitioned back shop-perfect for running your business. Plus, there's a 2-bedroom, 1-bath rental home currently occupied by a month-to-month tenant, separately metered utilities. 1.5 car detached garage and a gated 82x37 storage area for extra flexibility. Ready for your use. Zoned General Commercial so a commercial loan or cash is required. It's your chance to own a property that works as hard as you do, blending chill pad or business potential with rental income.

MLS# 12451663Listed August 28, 2025ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths1
Half Baths1
Total Rooms5

Size & Structure

Living Area1,009 sqft
Garage Spaces2
Year Built1926
Lot Size0.520 acres

Location

CountyLake
TownshipLake Villa
Zip Code60046

Financial

List Price$375,000
Original Price$397,500
Price / Sq Ft$372
Annual Taxes (2023)$4,482
Monthly Tax Est.$374
Parcel #02301000320000
Interior Features

Heating

Natural GasForced Air

Cooling

Central Air

Basement

UnfinishedPartial

Laundry

In Unit
Exterior & Lot

Construction

Steel SidingOther

Roof

AsphaltMetal

Foundation

Concrete Perimeter

Lot Features

Mature Trees
Utilities & Parking

Sewer

Public Sewer

Water Source

Well

Electric

Circuit Breakers

Parking

AsphaltYesDetachedGarage
HOA & Community

HOA Includes

None

Community Features

Street Paved
Tax & Financial
Annual Taxes
$4,482
Tax Year 2023
Monthly Tax Est.
$374
per month
Price per Sq Ft
$372
per square foot
Price Reduced by $22,500
Original list price: $397,500
Property Location

39532 Il Route 59, Lake Villa, IL 60046 — Lake County

$375,000
$372 / sqft
39532 Il Route 59
2 bd2 ba1,009 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
111 days on market
2-car garage
0.520 acres
$4,482/yr taxes
Price reduced $22,500
$2,344
estimated monthly payment
Principal & Interest
$1,971/mo
Property Tax
$374/mo
$375,000
20% — $75,000
3%50%
6.875%
3%12%
Loan Amount
$300,000
Down Payment
$75,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Re/Max Advantage
Agent: Daniel Vladic
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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