Established Coffee Shop
For Sale
Contact for pricing
Pending
114 N Milwaukee Avenue, Libertyville, IL 60048
Boba tea concept at a Libertyville commercial address with RTAIL zoning.
Property SizeContact for details
Days on Market461
Property Features for 114 N Milwaukee Avenue
General Information
Standard status
Pending
Property subtype
Business for Sale, Retail
Zoning
RTAIL
Building Details
Stories
8
Listing Agency:
@properties Christie's International Real Estate
(847) 432-0700
Listed By:
Tiffany Chung · License #IL 475130351
Source:
Crexi
Added: May 29, 2025
Changed: Aug 30
Last Checked: Sep 1 at 9:24AM
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 @properties Christie's International Real Estate
Investment Insights
Based on property information with market context.
This coffee shop offering is centered on a boba tea brand established in the United States and expanded to more than 350 stores nationwide over 15 years. The concept features tea sourced directly from Taiwan, along with fresh ingredients and made-to-order drinks.
The business is located at 114 N Milwaukee Avenue in Libertyville, Illinois, with RTAIL zoning. The brand has developed a nationwide store network and a beverage-focused operating model built around Taiwanese tea sourcing and prepared-to-order service.
The business is located at 114 N Milwaukee Avenue in Libertyville, Illinois, with RTAIL zoning. The brand has developed a nationwide store network and a beverage-focused operating model built around Taiwanese tea sourcing and prepared-to-order service.
Key Highlights
- U.S.-established boba tea brand with over 350 stores nationwide
- 15‑year growth history in the United States
- Tea sourced directly from Taiwan
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,466
Businesses Nearby
73k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 41%
Beauty & Spa 4%
Shell
Shops & Services
16,784 visits/mo
0.1 miles
Egg Harbor Cafe
Dining
8,988 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
7,139 visits/mo
0.1 miles
Shell
Shops & Services
6,332 visits/mo
0.5 miles
BP
Shops & Services
6,211 visits/mo
0.1 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
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Similar Off Market Nearby
- Centre Lights Cafe — 200 W Golf Rd, Libertyville, IL 60048
- Schoenbeck's Coffee Bar — 708 W Park Ave, Libertyville, IL 60048
- Kung Fu Tea — 114 N Milwaukee Ave, Libertyville, IL 60048
- Conscious Cup Coffee Roasters - Libertyville — 355 N Milwaukee Ave, Libertyville, IL 60048
- Tala Coffee Roasters - Libertyville Cafe — 834 Liberty Dr, Libertyville, IL 60048
Frequently Asked Questions
What type of property is this?
Coffee shop - Boba tea concept at a Libertyville commercial address with RTAIL zoning.
Where is this coffee shop located?
The property is located at 114 N Milwaukee Avenue Libertyville, IL.
What are key features of this property?
This property features: U.S.-established boba tea brand with over 350 stores nationwide; 15‑year growth history in the United States; Tea sourced directly from Taiwan
