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$1,850,000 Just Listed
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Property Description
Investment Property with value-add opportunity! Crossings Plaza is a well-maintained strip center with great visibility and full ingress / egress. New retaining walls 2026, new parking lot 2025, some sidewalks and curbs replaced 2024, 2001 roof replaced, exterior lights updated 2022, dumpster corellas replace 2022. 16 Unit building 14 units are occupied, 1 - 1,200 sf unit available & 1 - 3,200sf unit available.
Full Property Details
Full Property Details for 300 N Milwaukee Ave
General
- Price: $1,850,000
- Taxes: $65,822 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12631465
- Updated: 4/27/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm Monitored, Fire Extinguisher(s)
Location
- Area: Lake Villa / Lindenhurst
- County: Lake
- Township: Lake Villa
- Driving Directions: At the corner of Route 83(Milwaukee Ave) and Cedar Ave. Northwest of the intersection of Route 132 (Grand Ave) and Route 83 (Milwaukee Ave)
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Stories/Levels: 1
- Square Feet: 20,509
- Year Built: 1990
Unit Information
- # Tenants: 7
Lot Features
- Lot Size (Sq. Ft.): 120,809
- Lot Dimensions: 370 x 378 x 519 x 220
- Drainage: Floor Drains
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Fire Extinguisher/s
- Assessment Year: 1990
- Tax Amount: $65,822.98
- Tax Year: 2024
- Tenant Pays: Electricity, Heat, Janitorial Service, Taxes, Insurance, Sewer
Disclosures and Reports
- Documents Avail.: Backup Package
- Property ID: 2333020060000
Listed by ILrealty, Inc. Kurchina & Assoc.
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Schools
Schools serving 300 N Milwaukee Ave
School Districts:Lake Villa Community Consolidated School District 41, Antioch Community High School District 117
| Name | Grades | Distance |
|---|---|---|
Olive C Martin School 24750 West Dering Lane, Lake Villa, IL 60046 | K-6 | 1.9 mi |
Peter J Palombi School 133 McKinley Avenue, Lake Villa, IL 60046 | 7-8 | 0.6 mi |
Lakes Community High School 1600 Eagle Way, Lake Villa, IL 60046 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 300 N Milwaukee Ave
Date
Details
Price
Change
Source
4/27/2026
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 300 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$62,350
28%
$680,032
15%
2023
$48,866
-10%
$592,852
32%
2022
$54,293
2%
$450,809
-7%
2021
$53,258
-8%
$487,257
3%
2020
$57,620
—
$471,646
—
2019
$57,620
—
$470,769
2%
2018
$57,872
6%
$463,536
3%
2017
$54,509
-2%
$451,174
4%
2016
$55,427
3%
$432,905
7%
2015
$53,708
2%
$404,320
—
2014
$52,436
28%
$404,320
-1%
2013
$41,119
-3%
$408,156
8%
2012
$42,536
—
$379,461
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 300 N Milwaukee Ave
300 N Milwaukee Avenue, Lake Villa, IL 60046 (MLS# 12631465) is a Commercial property. 300 N Milwaukee Avenue is currently listed for $1,850,000 and was received on April 27, 2026. Want to learn more about 300 N Milwaukee Avenue? Do you have questions about finding other Commercial real estate for sale in Lake Villa? You can browse all Lake Villa real estate or contact a Coldwell Banker agent to request more information.

