Listing Agency: CBRE | Oak Brook m***@cbre.com Show Phone

Listed By: Matt Ishikawa Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Aug 13 at 4:01AM

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Investment Insights

Based on property information with market context.

This is an approximately 1.50-acre parcel with frontage along Milwaukee Avenue (Route 21) in Libertyville, Illinois. The site is adjacent to established retail and residential neighborhoods. It is located approximately 5 miles from I-94 via Route 137, offering regional connectivity.

Key Highlights

• Rare property
• 1.50‑acre parcel
• High‑visibility frontage along Milwaukee Avenue (Route 21)

Property Analytics

Property Profile

Current Use

Bongo Room Restaurant Live Work Yoga Gym & Fitness Center

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Pet Grooming Service Fish Market

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

Location Intelligence

Trade Area within ½ mile

5,718

Businesses Nearby

Explore this area Business Placement

Demographics for 60622, IL

55,075

Population

27,630

Households

2

Avg Household Size

33

Median Age

73%

College-Educated

94%

High-School Grad

2.5 sq mi

ZIP Area

22,030

Density / Sq Mi

$124,852

Median Household Income

$76,180

Median Earnings

$1,932

Median Rent

$622,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Rare 1.5-acre parcel with high-visibility frontage on Milwaukee Avenue.

Where is this commercial land located?

The property is located at 1470 North Milwaukee Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Rare property; 1.50‑acre parcel; High‑visibility frontage along Milwaukee Avenue (Route 21)