Mixed-Use Retail and Office
For Sale
Contact for pricing
602-610 N Milwaukee Ave, Libertyville, IL 60048
Nine mixed-use units include retail, office, and 1BR/1BA apartments, all currently occupied.
Property SizeContact for details
Days on Market143
Property Features for 602-610 N Milwaukee Ave
General Information
Standard status
Active
Property subtype
Mixed Use
Occupancy
100%
Units
Multifamily Units
3
Office Units
3
Listing Agency:
Jay Roy
Listed By:
Tom Barton · License #CO12
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 4:31PM
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 Jay Roy
Investment Insights
Based on property information with market context.
602–610 N Milwaukee Avenue is a nine-unit mixed-use building currently 100% occupied and configured as three retail spaces, three office units, and three 1Bd/1Ba apartment units. The one-bedroom apartments have received updates including newer appliances and bathroom fixtures, and the property has completed approximately $144,150 in capital improvements over the last four years.
Retail space includes two larger tenants operating on NNN leases, with the tenants paying their proportionate share of real estate taxes, insurance, and common area maintenance. The property is positioned in downtown Libertyville, where it benefits from the area’s active shopping and dining environment, and the Metra station is described as being just steps away.
This offering is presented as an impeccably maintained asset by the current ownership and includes a balanced mix of income-producing retail, office, and residential units within the same building.
Retail space includes two larger tenants operating on NNN leases, with the tenants paying their proportionate share of real estate taxes, insurance, and common area maintenance. The property is positioned in downtown Libertyville, where it benefits from the area’s active shopping and dining environment, and the Metra station is described as being just steps away.
This offering is presented as an impeccably maintained asset by the current ownership and includes a balanced mix of income-producing retail, office, and residential units within the same building.
Key Highlights
- 9‑unit mixed‑use building with 3 retail, 3 office, and 3 1BD/1BA apartments
- 100% occupied with current tenants in retail, office, and apartment spaces
- Two largest retail tenants are on NNN leases with proportional share of real estate taxes, insurance, and common area maintenance
Property Analytics
Current Use
Lease Details
3
Office units
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine mixed-use units include retail, office, and 1BR/1BA apartments, all currently occupied.
Where is this apartment building located?
The property is located at 602-610 N Milwaukee Ave Libertyville, IL.
What are key features of this property?
This property features: 9‑unit mixed‑use building with 3 retail, 3 office, and 3 1BD/1BA apartments; 100% occupied with current tenants in retail, office, and apartment spaces; Two largest retail tenants are on NNN leases with proportional share of real estate taxes, insurance, and common area maintenance
