Eight-Unit Strip Mall with New
For Sale
Contact for pricing
116 - 134 Peterson Rd, Libertyville, IL 60048
Retail center with an additional salon building, established occupants, and one space available for lease.
Property SizeContact for details
Days on Market144
Property Features for 116 - 134 Peterson Rd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
30,000 vehicles/day
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Lake Forest
(847) 373-1766
Listed By:
John Josephitis · License #IL 475.169297
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:57AM
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 Coldwell Banker Commercial Lake Forest
Investment Insights
Based on property information with market context.
Libertyville Plaza is an eight-unit strip mall accompanied by a separate building occupied by a hair salon. The property includes a newly installed front parking lot, a mix of established occupants, and one currently available space. Existing businesses include Lee Donuts, Family Nails, Vacuum Experts, Kitchen Design Showroom, and a tattoo parlor.
The center sits at the intersection of Rt. 21 and Peterson Road and is reported to see 30,000 cars per day. Occupancy has remained strong over the last 14 years, with long-term tenants and a low-maintenance building. The 2,000-square-foot Lee Donuts space may relocate to space 120 or be reduced within the same space, creating additional lease-up flexibility.
The center sits at the intersection of Rt. 21 and Peterson Road and is reported to see 30,000 cars per day. Occupancy has remained strong over the last 14 years, with long-term tenants and a low-maintenance building. The 2,000-square-foot Lee Donuts space may relocate to space 120 or be reduced within the same space, creating additional lease-up flexibility.
Key Highlights
- Eight‑unit strip mall plus an additional building with a hair salon
- New front parking lot
- Located at the intersection of Rt. 21 and Peterson Road
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Home Improvements & Furnishings 27%
Dining 23%
Hotels & Casinos 8%
Ace Hardware
Home Improvements & Furnishings
8,964 visits/mo
0.0 miles
Starbucks
Dining
7,516 visits/mo
0.2 miles
BP
Shops & Services
6,247 visits/mo
0.1 miles
Mobil
Shops & Services
5,601 visits/mo
0.1 miles
Holiday Inn Express & Suites
Hotels & Casinos
2,127 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail center with an additional salon building, established occupants, and one space available for lease.
Where is this strip mall located?
The property is located at 116 - 134 Peterson Rd Libertyville, IL.
What are key features of this property?
This property features: Eight‑unit strip mall plus an additional building with a hair salon; New front parking lot; Located at the intersection of Rt. 21 and Peterson Road
