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Freestanding Retail Building with Drive-Thru
For Lease
$45 SF/Yr

1124 N Milwaukee Ave, Libertyville, IL 60048

Freestanding brick retail building with a drive-thru, full kitchen, and ample parking on Milwaukee Avenue.

Space Size1,725 SF
Days on Market48

Property Features for 1124 N Milwaukee Ave

General Information

Standard status Active
Size 1,725 SF
Net Rentable 1,725 SF

Space & Availability

Available Space 1,725 SF
Contiguous Space 1,725 SF

Site & Location

Frontage 109 ft
Drive-Thru Yes
Road Access Yes

Amenities

steps from MetraRail station

Building Details

Year Built 1969
Building Size 1,725 SF
Construction brick
Tenancy Single
Listing Agency: Millennium Properties RE, Inc.
Listed By: Brad Thompson · License #471013662
Source: Bktchicago
Added: Jul 28 Changed: Sep 8 Last Checked: Sep 13 at 1:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millennium Properties RE, Inc.

Investment Insights

Based on property information with market context.

Freestanding brick retail building totaling 1,725 SF featuring a drive-thru and a full kitchen with service area. The layout supports restaurant-style operations, and the property may offer possible outdoor seating pending Village approval. Ample parking is available for customers and staff.

The building has 109' of frontage on Milwaukee Avenue and is located steps from the MetraRail station, providing walk-up visibility and convenient transit access.

This space is suited for a variety of businesses that benefit from high visibility, drive-thru functionality, and on-site parking, with nearby retailers and service users including Walgreens, Egg Harbor Cafe, Byline Bank, and Jimmy John’s.

Key Highlights

  • 1,725 SF freestanding brick retail building
  • Drive‑thru with full kitchen and service area
  • 109' of frontage on Milwaukee Avenue

Property Analytics

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Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tech Support Center Pet Grooming Service Computer & Electronic Repair Storage Facility Carpet & Flooring Store

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

Lease Details

Single-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 14% Apparel 4%
McDonald's Dining
21,023 visits/mo 0.2 miles
Egg Harbor Cafe Dining
8,988 visits/mo 0.4 miles
Shell Shops & Services
6,332 visits/mo 0.4 miles
Jimmy John's Dining
5,457 visits/mo 0.1 miles
Duck Donuts Dining
2,539 visits/mo 0.5 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
View Realmo Analytics

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?
Drive through restaurant - Freestanding brick retail building with a drive-thru, full kitchen, and ample parking on Milwaukee Avenue.
Where is this drive through restaurant located?
The property is located at 1124 N Milwaukee Ave Libertyville, IL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 1,725 SF freestanding brick retail building; Drive‑thru with full kitchen and service area; 109' of frontage on Milwaukee Avenue
More about this property
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