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    537 N Milwaukee Avenue Libertyville, IL 60048

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    COMMERCIAL - Libertyville, IL

    Type:Retail
    Property size:
    2,400 SF
    Added:
    Mar 11, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 29 at 5:06 am

    Property Features for 537 N Milwaukee Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    RTAIL
    Standard status
    Active
    Size
    2,400 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    16851

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1927
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Wood
    Building materials
    Brick, Frame
    Roof type
    Membrane

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    Listing Contact
    Lynn Fairfield
    Lynn Fairfield

    Listing agent Lynn Fairfield License #471002589

    Listing office RE/MAX Suburban 1344 South Milwaukee Avenue, Mount Prospect, IL

    Listing date Mar 11, 2026

    MLS# 12588419

    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.


    Overview

    Prime Libertyville Retail Space Available

    Located in the heart of Libertyville, this commercial space offers a prime location within the village, close to local bars, shops, and restaurants. The 2400 sq. ft. space features hardwood floors, exposed brick walls, and 10 ft ceilings. It includes a build-out that was previously used as a beauty shop, with a break room, private office, kitchen, and bathrooms. The property has front and rear door access and is located two blocks from the commuter train. Public parking is readily available. The space is suitable for a variety of business needs, including retail shops and professional services. It offers convenient ground-level entry and ample parking. Situated on Milwaukee Rd, the property benefits from high visibility and an average daily traffic count exceeding 20,000 vehicles. It is also close to METRA, major retailers, dining options, and residential neighborhoods. Tenant is responsible for all utilities. The location is in a thriving community, offering lots of potential for a new business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Real Estate Agency Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Libertyville
    County
    Lake
    State
    Illinois
    Longitude
    -87.9546856
    Latitude
    42.2885998

    FAQs

    What type of property is this?
    Retail space - 2400 sq ft retail space in the heart of Libertyville.
    Where is this retail space located?
    The property is located at 537 N Milwaukee Avenue Libertyville, IL.
    What are key features of this property?
    This property features: Prime Libertyville location in the heart of the village, close to shops, restaurants, and the commuter train.; High traffic count on Milwaukee Rd with over 20,000 vehicles daily, providing excellent exposure.; Approximately 2400 sq. ft. of versatile retail space suitable for various business types.
    More about this property
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