Search
One-Story Retail Shopping Center Suites
For Sale
Contact for pricing

1125-1199 S Milwaukee Avenue, Libertyville, IL 60048

One-story brick shopping center with 15 suites and 316-stall paved customer parking, currently 93% leased.

Property Size101,210 SF
Lot Size9.71 Acres
Days on Market133

Property Features for 1125-1199 S Milwaukee Avenue

General Information

Standard status Active
Size 101,210 SF
Total Parking Spaces 316
Lot size 9.71 Acres
Property subtype Retail
Occupancy 93%

Additional Details

Road Access Yes

Building Details

Stories 1
Construction brick
Tenancy Multi
Listing Agency: Greenstone Partners
Listed By: Danny Spitz · License #IL 475161610
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 7:11AM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

Greentree Plaza is a one-story brick commercial shopping center divided into fifteen separate retail suites, totaling approximately 101,210 square feet of existing building area. The property includes 316 customer parking spaces in a newly asphalt-paved parking lot.

The center provides 562 linear feet of frontage along S. Milwaukee Avenue and sits on 422,938 square feet of land (9.71 acres). The shopping center is currently 93% leased.

Tenants include XSport Fitness, along with several other businesses such as St. Vincent de Paul Thrift Store, Coldwell Banker, and O'Reilly's Furniture. XSport Fitness accounts for 48% of gross rental income and has occupied the space for 10 years, according to the provided remarks.

Key Highlights

  • Greentree Plaza is a one‑story brick commercial shopping center with 15 suites and 101,210 SF of building area.
  • Located at 1125–1199 S. Milwaukee Avenue in Libertyville, IL, with 562 linear feet of frontage along S. Milwaukee Avenue.
  • New asphalt paved customer parking lot with approximately 316 parking stalls.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Travel Agency 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

93%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby
44k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 80% Shops & Services 15% Apparel 4%
McDonald's Dining
21,023 visits/mo 0.2 miles
Egg Harbor Cafe Dining
8,988 visits/mo 0.5 miles
Shell Shops & Services
6,332 visits/mo 0.4 miles
Jimmy John's Dining
5,457 visits/mo 0.1 miles
Lovers Lane Apparel
1,775 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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Arden's Furniture Co Inc 416 N Milwaukee Ave, Libertyville, IL 60048
  • Coin Time Bitcoin ATM 1002 N Milwaukee Ave, Libertyville, IL 60048
  • Peterson Commons 289 Peterson Rd, Libertyville, IL 60048

Frequently Asked Questions

What type of property is this?
Shopping center - One-story brick shopping center with 15 suites and 316-stall paved customer parking, currently 93% leased.
Where is this shopping center located?
The property is located at 1125-1199 S Milwaukee Avenue Libertyville, IL.
What are key features of this property?
This property features: Greentree Plaza is a one‑story brick commercial shopping center with 15 suites and 101,210 SF of building area.; Located at 1125–1199 S. Milwaukee Avenue in Libertyville, IL, with 562 linear feet of frontage along S. Milwaukee Avenue.; New asphalt paved customer parking lot with approximately 316 parking stalls.
(312) 234-0360 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message