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    1406 N Milwaukee Ave Libertyville, IL 60048

    Sponsored
    For Sale
    Pending
    $499,500

    COMMERCIAL - Libertyville, IL

    Lot size:
    0.30 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 1406 N Milwaukee Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RTAIL
    APN
    11161011050000
    Lot size
    0.30 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Brick

    RE/MAX PROPERTIES NORTHWEST (847) 980-0359 [email protected]

    Listing agent Timothy Guzzetta (847) 208-6854

    Listing date Dec 25, 2025

    Copyright © 2025 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.

    Overview

    Libertyville Commercial Property on Milwaukee

    Located on Milwaukee Avenue, this one-story commercial building in Libertyville, Illinois, offers a prime location with ample parking. The property, zoned C-3, features upgraded electric panels, heating, and central air conditioning. Originally an automotive shop, the building includes six dedicated service bays. The property is suitable for various uses, including medical, fast food, or retail. Owner financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Auto Lab, Rouse's Auto Repair, Marty's Downtown Garage, Jiffy Lube, Jerry's Auto Alignment Brakes

    Location Insight

    • Map
    • Local Demand
    City
    Libertyville
    County
    Lake
    State
    Illinois
    Longitude
    -87.9563687
    Latitude
    42.2983448

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    FAQs

    What type of property is this?
    Auto shop - Prime location with owner financing; suitable for retail or automotive.
    Where is this auto shop located?
    The property is located at 1406 N Milwaukee Ave Libertyville, IL.
    What is the asking price?
    The asking price for this property is $499,500.
    What are key features of this property?
    This property features: - Owner financing available.; - Prime location on Milwaukee Avenue.; - Zoned C-3, allowing for various business types (medical, fast food, retail, automotive).
    (847) 208-6854
    Request Owner's contact information
    1406 N Milwaukee Ave Libertyville, IL 60048
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    Libertyville, IL 60048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1406 N Milwaukee Ave Libertyville, IL 60048
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