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Spa & Wellness Space with Shell Suite
New
For Lease
$20 SF/Yr

1758 N Milwaukee Avenue I, Libertyville, IL 60048

Existing treatment-room improvements are paired with an adjacent unfinished suite for a flexible commercial configuration.

Space SizeContact for details
Days on Market2

Property Features for 1758 N Milwaukee Avenue I

General Information

Standard status Active

Space & Availability

Space Use Med Spa
Available From Immediate

Site & Location

Anchor Co-Tenants Walgreens
Road Access Yes

Amenities

Large Monument Signage

Building Details

Year Built 2003
Listing Agency: Troy Realty Ltd
Listed By: Peter Karlis · License #471018214
Source: Tumpanelegacy
Added: Sep 12 Last Checked: Sep 13 at 1:04PM

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 Realty Ltd

Investment Insights

Based on property information with market context.

This spa and wellness offering includes two adjoining spaces with the option to combine them. One suite is configured as a med spa, featuring a reception area, waiting room, and separate treatment rooms. The neighboring space remains in shell condition, providing a complementary area for future buildout. The property was constructed in 2003.

A Walgreens shadow anchor serves as a nearby retail reference point. The site includes large monument signage and provides access to both Buckley Avenue and Milwaukee Avenue, supporting customer arrival from either roadway.

Key Highlights

  • Adjoining spaces may be combined into one larger spa and wellness offering
  • Existing med spa buildout includes reception, waiting room, and individual treatment rooms
  • Adjacent suite is delivered in shell condition for additional buildout

Property Analytics

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Current Use

Spa & wellness properties

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
34k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Home Improvements & Furnishings 26% Dining 22% Hotels & Casinos 8%
Ace Hardware Home Improvements & Furnishings
8,964 visits/mo 0.2 miles
Starbucks Dining
7,516 visits/mo 0.0 miles
BP Shops & Services
6,247 visits/mo 0.2 miles
Mobil Shops & Services
5,601 visits/mo 0.1 miles
Holiday Inn Express & Suites Hotels & Casinos
2,127 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • RUSH Kids Pediatric Therapy - Libertyville 1585 N Milwaukee Ave Suite 101, Libertyville, IL 60048
  • Combined Care Center, PC 283 Peterson Rd, Libertyville, IL 60048
  • Chiro One Chiropractic & Wellness Center 149 W Buckley Rd, Libertyville, IL 60048
  • Mindful Spirit 316 Peterson Rd, Libertyville, IL 60048
  • Libertyville Wellness Group 400 Peterson Rd, Libertyville, IL 60048

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Existing treatment-room improvements are paired with an adjacent unfinished suite for a flexible commercial configuration.
Where is this spa & wellness property located?
The property is located at 1758 N Milwaukee Avenue I Libertyville, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Adjoining spaces may be combined into one larger spa and wellness offering; Existing med spa buildout includes reception, waiting room, and individual treatment rooms; Adjacent suite is delivered in shell condition for additional buildout
More about this property
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