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Retail Space in New Building
For Sale
$1,500,000

121 W Church Street, Libertyville, IL 60048

Commercial Sale, Libertyville, IL

Property SizeContact for details
Lot Size0.71 Acres
Days on Market262

Property Features for 121 W Church Street

General Information

Property type Commercial Sale
Property subtype Retail
Directions Milwaukee Ave North of Route 176 to Church Street. West to Address
Subdivision Green Oaks / Libertyville
Standard status Active
APN 11163001610000
Lot size 0.71 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 12189

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 2024
Floors in Building 2
Number of units 1
Listing Agency: Blue Fence Real Estate Inc.
Listed By: Doug Anderson · License #IL471.001723
Added: Jan 8 Changed: Aug 19 Last Checked: Sep 27 at 12:06PM
MLS# 12543472

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This first-floor retail unit is located within a custom-built commercial building completed in 2024. The space is offered as a new interior that can be planned around the end user’s requirements, with central air in place and water available.

The property is in downtown Libertyville at 121 W Church Street, directly across from Cook Park. A village parking garage sits immediately beside the building, providing nearby public parking for the property.

Key Highlights

  • First‑floor retail unit in a custom‑built building completed in 2024
  • Located at 121 W Church Street in downtown Libertyville
  • Across from Cook Park

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Auto Parts Store Hotel & Motel Garden Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,411
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Shell Shops & Services
16,784 visits/mo 0.2 miles
Egg Harbor Cafe Dining
8,988 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
7,139 visits/mo 0.1 miles
Shell Shops & Services
6,332 visits/mo 0.3 miles
BP Shops & Services
6,211 visits/mo 0.2 miles

Demographics for 60048, IL

29,353
Population
10,826
Households
2.7
Avg Household Size
44
Median Age
71%
College-Educated
98%
High-School Grad
28.4 sq mi
ZIP Area
1,034
Density / Sq Mi
$169,283
Median Household Income
$83,333
Median Earnings
$1,569
Median Rent
$535,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-floor commercial unit with central air and water availability in downtown Libertyville.
Where is this retail space located?
The property is located at 121 W Church Street Libertyville, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: First‑floor retail unit in a custom‑built building completed in 2024; Located at 121 W Church Street in downtown Libertyville; Across from Cook Park
More about this property
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