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    1408-1440 S Milwaukee Ave Libertyville, IL 60048

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    For Lease
    Contact for pricing

    Retail space for lease in Libertyville, anchored by Jewel-Osco.

    Property size:
    1,200 SF
    Lot size:
    2.95 Acres

    Property Features for 1408-1440 S Milwaukee Ave

    General Information

    Size
    1,200 SF
    Lot size
    2.95 Acres

    Source: Sterling Organization - Corporate Agent Luke Sementa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery-Anchored Retail Space Available

    Located in Libertyville, IL, Red Top Plaza is a grocery-anchored property. The property is anchored by Jewel-Osco, the #1 grocer by market share in the Chicago MSA. Within a 3-mile radius, the population is more than 54,000 people with an average household income of over $151,000. Other national and regional tenants at the property include Pet Supplies Plus, Phenix Salons, Burger King, Code Ninjas, and Plato’s Closet. The available retail space is 1200 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Libertyville
    County
    Lake
    State
    Illinois
    Longitude
    -87.9466209
    Latitude
    42.2601254

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    FAQs

    What type of property is this?
    Strip mall - Retail space for lease in Libertyville, anchored by Jewel-Osco.
    Where is this strip mall located?
    The property is located at 1408-1440 S Milwaukee Ave Libertyville, IL.
    What are key features of this property?
    This property features: - Anchored by Jewel-Osco, the #1 grocer by market share in the Chicago MSA.; - Located in Libertyville, IL.; - High average household income of over $151,000 within a 3-mile radius.
    (561) 835-1810
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1408-1440 S Milwaukee Ave Libertyville, IL 60048
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