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Prime Libertyville Commercial Property
For Sale
$375,000
Pending

134 S Milwaukee Avenue, Libertyville, IL 60048

High-visibility commercial property ideal for office or retail use.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market193

Property Features for 134 S Milwaukee Avenue

General Information

Standard status Pending
Lot size 0.10 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,226

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1950
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO
Listed By: JACKSON SANDERSON
Source: Corcoran
Added: Feb 8 Changed: Aug 14 Last Checked: Aug 14 at 7:22AM

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 BERKSHIRE HATHAWAY HOMESERVICES CHICAGO

Investment Insights

Based on property information with market context.

Located in Libertyville, south of Route 176 on Milwaukee Avenue, this commercial property benefits from high visibility and exposure due to substantial daily traffic. The property, previously a veterinary practice for several decades, features a layout that includes a reception and waiting area, a private office, a laboratory room, a surgery room, two examination rooms, a bathroom, a storage room, a utility room, and a large kennel area. This configuration is suited for a new or expanding veterinary practice. The property could also be adapted for various professional office or retail uses. There are ten parking spaces located on the north side of the building. The land for the parking lot is leased from the Illinois Department of Transportation (IDOT) at a monthly cost of $250.

Key Highlights

  • Prime location in the heart of Libertyville on Milwaukee Avenue with high visibility and traffic count.
  • Existing layout ideal for a veterinary practice, including reception, exam rooms, surgery, lab, and kennel.
  • Adaptable space suitable for various professional office or retail uses.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Garden Center Home Appliance Store Florist Carpet & Flooring Store

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

2,074
Businesses Nearby
Balanced
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • GreenTree Animal Hospital 800 E Park Ave, Libertyville, IL 60048
  • Libertyville Animal Hospital 134 S Milwaukee Ave, Libertyville, IL 60048
  • Walter P. Dzien, DVM 134 S Milwaukee Ave, Libertyville, IL 60048
  • Estrick Sara DVM 800 E Park Ave, Libertyville, IL 60048

Frequently Asked Questions

What type of property is this?
Medical Office Space - High-visibility commercial property ideal for office or retail use.
Where is this medical office space located?
The property is located at 134 S Milwaukee Avenue Libertyville, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime location in the heart of Libertyville on Milwaukee Avenue with high visibility and traffic count.; Existing layout ideal for a veterinary practice, including reception, exam rooms, surgery, lab, and kennel.; Adaptable space suitable for various professional office or retail uses.
More about this property
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