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Upscale Retail and Medical Space
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1742 N Milwaukee Ave, Libertyville, IL 60048

Retail and medical spaces available in upscale Libertyville center.

Space Size5,900 SF
Property Size22,000 SF
Days on Market2901

Property Features for 1742 N Milwaukee Ave

General Information

Standard status Active
Size 5,900 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 22,000 SF
Year Built 2003
Tenancy Multiple

Spaces For Lease

at 1742 N Milwaukee Ave Contact us

Fully Built out Restaurant and Bar

Size
5,900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1752

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Troy Companies
Listed By: Peter Karlis · License #IL 471.018214
Source: Crexi
Added: Sep 12, 2018 Changed: Aug 8 Last Checked: Aug 20 at 8:56PM

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 Troy Companies

Investment Insights

Based on property information with market context.

This upscale retail center, constructed in 2003, offers available spaces including a 1,353 square foot buildout suitable for a medical office. Additionally, storefront space is available, offering up to 2,710 square feet of contiguous retail area.

Key Highlights

  • Upscale retail center.
  • Built in 2003.
  • Up to 2,710 sf of contiguous retail space.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Auto Repair Shop

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

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
Well-served
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

Lease Benchmarks for Libertyville, IL

$25.2 /SF/Yr
Avg Asking Price
$24–$30 /SF/Yr
Price Range
4,060 SF
Avg Space Size

This space is priced 29% below the average of $25.2 /SF/Yr.

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Northern Illinois Cat Clinic 295 Peterson Rd, Libertyville, IL 60048
  • Veterinary Housecall Care 175 Peterson Rd, Libertyville, IL 60048
  • VetMedic - Veterinary Urgent Care 175 Peterson Rd, Libertyville, IL 60048
  • Miller A Michelle DVM 295 Peterson Rd, Libertyville, IL 60048, United States
  • Schmidt James M DVM 295 Peterson Rd, Libertyville, IL 60048, United States

Frequently Asked Questions

What type of property is this?
Medical Office Space - Retail and medical spaces available in upscale Libertyville center.
Where is this medical office space located?
The property is located at 1742 N Milwaukee Ave Libertyville, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Upscale retail center.; Built in 2003.; Up to 2,710 sf of contiguous retail space.
(630) 853-1313 Call to check price and availability
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