Automotive

Libertyville, IL Automotive Properties for Sale

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Vernon Hills, IL Mundelein, IL Lake Forest, IL
Multi-Unit Retail & Drive-In Site
Updated: Nov 17, 2025
Multi-Unit Retail & Drive-In Site

197 Peterson Road, Libertyville, IL 60048

$1,599,000
0.69 AC lot
High‑visibility location in a thriving business corridor with high traffic counts.
11 drive‑in bays suitable for automotive services, logistics, or warehousing.
38 dedicated parking spots for customers, staff, and deliveries.
Five individual units suitable for retail, service, or office use.
Close proximity to the expressway for easy regional access and commuter traffic.
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Prime Libertyville Redevelopment Opportunity
Updated: Nov 6, 2025
Prime Libertyville Redevelopment Opportunity

426 S Milwaukee Avenue, Libertyville, IL 60048

$1,995,000
35,542 sqft
Prime 35,542 sq ft end cap parcel at a high‑traffic intersection in Libertyville.
Excellent visibility with over 24,000 vehicles passing daily.
Strong demographics: $140,000 median household income within one mile.
Zoned for commercial use, suitable for mixed‑use, apartments, or office suites with 45 ft allowable building height.
Holding income from existing month‑to‑month tenants (auto repair, hardware store, offices).
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Prime Corner Development Site Available
Prime Corner Development Site Available

Brookside Avenue, Waukegan, IL 60085

$700,000
1.52 AC lot

High-visibility 1.52-acre corner lot ideal for various commercial uses.

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Commercial Property on Milwaukee Avenue
Commercial Property on Milwaukee Avenue

35220 N Il Route 83, Round Lake Beach, IL 60073

$1,800,000
2,588 sqft · 1.82 AC lot

Prime commercial property with frontage on Milwaukee Ave in Illinois.

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Commercial Property on Milwaukee Avenue
Commercial Property on Milwaukee Avenue

35220 N Il Route 83, Round Lake Beach, IL 60073

$1,800,000
2,588 sqft · 1.82 AC lot

Prime location with frontage on Milwaukee Ave in Round Lake Beach.

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Versatile Commercial Building in Waukegan
Versatile Commercial Building in Waukegan

509 May Street, Waukegan, IL 60085

$175,000
0.30 AC lot

Commercial building with potential, suitable for automotive or other uses.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near Beach Road
Land Near Beach Road

10038 W Beach Road, Beach Park, IL 60087

Contact for pricing

Land for sale near Sheridan and Beach Road.

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Commercial Land with Lake Frontage
Commercial Land with Lake Frontage

4.73AC 59 Highway, Antioch, IL 60002

$430,000
4.73 AC lot

4.73 acres of commercial land with B-3 zoning.

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Prime Commercial Lot on Main
Prime Commercial Lot on Main

530 Main Street, Antioch, IL 60002

$680,000
0.99 AC lot

Almost an acre with frontage on a busy intersection.

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Prime Commercial Land in Antioch
Prime Commercial Land in Antioch

530 Main Street, Antioch, IL 60002

$680,000
0.81 AC lot

High-visibility commercial land with main road frontage near downtown Antioch.

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Off-Market Properties in Libertyville, IL

Consider similar Off-Market properties in Libertyville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

120 Winchester Rd, Unit 44-8-G
RESIDENTIAL PARKING GARAGE

120 Winchester Rd, Libertyville, IL 60048-3907

Unit 44-8-G
Value Estimation by Request
210 sqft
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124 Winchester Rd
RESIDENTIAL PARKING GARAGE

124 Winchester Rd, Libertyville, IL 60048-3909

Value Estimation by Request
210 sqft
View details
102 Winchester Rd, Unit 31-6-G
RESIDENTIAL PARKING GARAGE

102 Winchester Rd, Libertyville, IL 60048-3905

Unit 31-6-G
Value Estimation by Request
210 sqft
View details
142 Winchester Rd
RESIDENTIAL PARKING GARAGE

142 Winchester Rd, Libertyville, IL 60048-3911

Value Estimation by Request
210 sqft
View details

Libertyville, IL Automotive Properties Market Trends and Statistics

Explore 6 automotive properties for sale in Libertyville, IL on our real estate platform. These investment opportunities span a total of 35,542 square feet of properties for sale, with an estimated market value of $1,995,000.

Sale prices for automotive businesses in Libertyville, IL start at $1,995,000, averaging $1,995,000, and reaching up to $1,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 2

Demographics Overview

Population 29K
Population Growth (5Y) -0.4%
Median Household Income $169,283
College Educated 50.7%

High-Yield Neighborhoods for Investment

Identify Libertyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60048 $1.8M

Taxes & Financing

Tax Rate (average for all types) 7.69%
Property Tax per SF $91.39 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Libertyville fall within the 25,000 to 50,000 square foot range.

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