Sign up to get new listings emailed daily! JOIN SIGN IN
Penny Edwards
REALTOR®
(815) 703-0586
Refine Search

37733 N Il Route 59 Route, Lake Villa, IL 60046

$487,400
  • 37733 N Il Route 59 Route, Lake Villa, IL 60046 Main Photo

10 Total Photos [Click to View All]

Active
SQUARE FEET2,400 MLS#12641826
STATUSActive PROPERTY TYPECommercial - Investment

Property Description

This stately seated American Four-Square Architectural Home sits high on the rising land, as one of the first homes (1924) to be constructed to the stretch of road that has been the main arterial route for a century. It holds a commercial zoning identified as General Commercial in unincorporated Lake County. Illinois Route 59 is the northern branch off of Route 12 in Fox Lake, and is named Fox Lake Road at this site. Route 132 (Grand Avenue) is a 1/2 block north to take a 10 mile drive I-94, with Molidor, Rollins and Fairfield Roads to the south, and Grand Avenue winding back, west, into Fox Lake train station. The current family has owned this home since 1998. The house has no real issues (except updating) and is ready for a family, intergenerational homeowners, or perhaps even a VRBO or Airbnb investor. The home needs work but offers amazing space, grace and views even as it sits on a little more than 2 acres, south of Fox Lake Hills' water tower and municipal pump house. 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. This 4 to 5-bedroom, 2 bath home sits far enough off of the main road for adding to the forest and privacy. This house and property constitute privacy. Proper landscaping and well positioned garage and pole barn will only further cultivate the peace that is already upon the property. Municipal water and sewer, gas and electric is operating the household. There is an old out building storage shed (or chicken shed) that is giving way to nature. The foundation is solid, dry concrete with a modified cistern for a safe room from storms, if necessary. The basement has cellar doors to access the basement from the outside. The main floor of the house is made up of a huge living room, dining room, entryway, kitchen and formal study/ library with first year growth, 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 in-law arrangement, separate apartment, VRBO or Airb&b. The first-floor bathroom 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/ guest room. (See conceptual floorplan.) The 2nd floor is made up of 4 large bedrooms, a huge single bathroom with huge stairway and a loft study area in the hallway just off of the Master Bedroom. Again, the 2nd floor bath could b

37733 N Il Route 59 Route | MLS# 12641826

This commercial property located at 37733 N Il Route 59 Route, Lake Villa, IL 60046 is currently listed for sale with an asking price of $487,400. Search Lake Villa real estate on pedwards.gogambino.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Window Unit(s)
Lot Size: 0.00 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

Listed By / Shown By

Listed By

Agency Name: Northwest Suburban Real Estate
Agency Phone: 855-455-4652

Shown By

Agent Name: Penny Edwards
Agent Phone: (815) 703-0586
Agency Title: Gambino Realtors

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/15/2026. The listing information on this page last changed on 05/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/15/2026 3:25:39 PM EST) or MRED MLS (last updated Fri 05/15/2026 3:19:53 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 05/15/2026 3:23:04 PM EST) or Northern Illinois Commercial Association Realtors (last updated Fri 05/15/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel