209 Cedar Avenue Mixed-Use Redevelopment Project

This redevelopment opportunity site presents an exciting opportunity to partner with the Village of Lake Villa and bring a transformative vision to life on a key downtown parcel within our community. We are seeking a qualified and visionary developer to purchase and redevelop this site into a thriving destination that aligns with the Village's strategic downtown goals.

Project Overview

Property Address: 209 Cedar Avenue

Zoning: Central Business District (CBD); Permitting development from 1 to 4 stories and accommodating retail, service, and residential uses. 

Lot Size: Approximately 60,000 square feet

Current Use: Vacant

Redevelopment Goal:  Mixed-Use residential and commercial use comprised of approximately 10,000 square feet of commercial space

The parcel is strategically located within the core "Triangle" of downtown Lake Villa, with access to public parks, Metra train station, and downtown businesses. It offers an excellent opportunity to develop a project that will support economic growth and enhance the quality of life within our community.

Development Design Concept

209 Cedar Avenue Rendering

Request for Qualifications (RFQ)

We invite experienced developers to submit qualifications for consideration. The selected developer will have the opportunity to negotiate a development agreement with the Village of Lake Villa.

Key Dates:

  • RFQ Release Date:  February 10, 2025
  • Pre-Submission Meeting and Walking Tour (Optional):  February 18, 2025 at 3:00 p.m. (65 Cedar Avenue, Lake Villa, IL 60046)
  • Questions Deadline:  March 10, 2025
  • Addendum & Q&A Posted:  March 14, 2025
  • Submission Deadline:  April 4, 2025

After qualifications are received by the Village's review team, interviews and requests for additional information will be coordinated with finalist firm(s). 

It is anticipated that a final selection by the Village will be made on May 19, 2025. 

Contact Information

For questions or additional information about the RFQ or the site, please contact:

Michael Strong
Village Administrator
(847) 356-6100
MStrong@lake-villa.org

For questions regarding utilities (location and site) please contact:

Jim Bowles
Superintendent of Water & Sewer
(847) 356-6100
JBowles@lake-villa.org