O'Neil Property Group
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$487,400
1 Day On Site

37733 N IL Route 59 Route
Lake Villa, IL 60046

For Sale|Business|Active
0
Beds
0
Total Baths
2,400
SqFt
$203
/SqFt
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Northwest Suburban Real Estate
37733 N IL Route 59 Route37733 N IL Route 59 Route37733 N IL Route 59 Route37733 N IL Route 59 Route
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Monthly Payment (Est.)

$2,224
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ยฉ2026 Information is deemed reliable but not guaranteed.

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 be divided for two separate baths, or a full bath and laundry. The large 2nd floor hall closet has a built-in ladder to access what could possibly become attic living space. The space is large enough (20'x20') for the possibility, and offers 2 windows for daylight from the dormer. Like the concrete basement, the 10 year old roof keeps a dry house. The county zoning is "General Commercial" since 2002 Some 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. Bring your ideas. Plenty of land and so much potential here. Ideally, the house is calling for someone who can bring it back to the todays modern standards while retaining its prestigious qualities and stature.

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Listing Snapshot
Priceย 
$487,400
Days On Siteย 
1 Day
Bedroomsย 
N/A
Inside Area (SqFt)ย 
2,400 sqft
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
N/A
MLSยฎ Numberย 
12641826
Statusย 
Active
Property Taxย 
$6,186
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLSยฎ
yesterdayListing first seen on site
General Features
Additional Property Useย 
CommercialRecreationalResidentialMulti-FamilySingle FamilyRetailOther
Number Of Storiesย 
3
Property Sub Typeย 
Business
SqFt Totalย 
2400
Utilitiesย 
Natural Gas AvailableSewer ConnectedWater Available
Zoningย 
COMMR
Interior Features
Coolingย 
Window Unit(s)
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Exterior Features
Construction Detailsย 
Concrete
Road Frontageย 
State Road
Roofย 
CompositionFiberglass
Community Features
MLS Areaย 
Lake Villa / Lindenhurst
Listing Courtesy of MRED as distributed by MLS Grid of Northwest Suburban Real Estate



Based on information submitted to the MLS GRID as of 2026-05-09 07:51 PM UTC. 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.
Last checked: 2026-05-09 07:51 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

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