1001 E Grand Avenue , Lake Villa, IL 60046

Sold: 1250000

Sold on: Oct 15th, 2021
$ Per Square Foot: $37

Sold: 1250000

Sold on: Oct 15th, 2021
$ Per Square Foot: $37

SQUARE FEET34,162 MLS#10538941

STATUSSold PROPERTY TYPECommercial - Retail

Property Description

Stunning former Lake Villa Public Library facility ready to be re-purposed. Massive entry with public bathrooms, meeting space and reception areas. Two story vaulted atrium space is flooded with natural light. Large windows offer spectacular views of wetlands to the south. The entire building was completely renovated and added onto in 1999. This unique structure can be converted to business office space, restaurant, distillery, brewery, medical office, corporate headquarters, youth center, art gallery, museum, public service building, etc... Endless possibilities. Includes additional parking area and Grand Avenue signage. Located at signalized intersection on over 5 acres. Hot water heat and air conditioned systems. Very unique structure. This building can be demised into multiple spaces.

Property Features

Cooling: Central Air

Days on Market: 742

Lot Size: 5.29 Acres

Roof Type: Membrane

Stories: 1.0

Year Built: 1980

Feature Descriptions

Current Use: Special Use

Electric: Service - 201 to 600 Amps, Power - 480V, Three Phase

Exterior: Concrete, Block, Steel Siding

Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Smoke or Fire Protectors, Sprinklers-Wet, Sprinklers

Flooring: Carpet, Tile, Vinyl

Foundation: Concrete Perimeter

Frontage Type: City Street, Public Road, Signal Intersection, US Highway

HVAC: Central Bldg Heat, Central Heat/Indiv Controls, Gas, Heat Pump, Hot Water

Lot Dimensions: PER SURVEY

Miscellaneous Indoor: Atrium, Common Lunchroom/s, Common Meeting Room/s, Handicapped Access, Handicapped Equip Washroom/s, Inside Corridor/s, Public Restroom/s, Skylight/s, Storage Inside

Parcel#: 06031010660000

Parking: 51-100 Spaces

Tenant Pays: Varies by Tenant

Units: 1

Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Listed By / Sold By

Listed By

Agency Name: Robert E. Frank Real Estate
Agency Phone: 847-356-5263

Shown By

Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040

Sold By

Agency Name: Wanland & Associates, Inc.
Agency Phone: 773-545-3134
Agent Name: Edward Wanland

© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®

551 North Mulford Road, Rockford, Illinois 61107

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