Restaurant Space with
For Lease
Contact for pricing
1762 N Milwaukee Avenue, Libertyville, IL 60048
Commercial Lease, Libertyville, IL
Space SizeContact for details
Days on Market48
Property Features for 1762 N Milwaukee Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
RTAIL
Directions
South east corner of Buckley and Milwaukee Ave
Subdivision
Green Oaks / Libertyville
Standard status
Active
Taxes and HOA fees
Tax Year
2024
Utilities
Cooling system
Central Air
Building Details
Year built
2003
Floors in Building
1
Listing Agency:
Troy Realty Ltd
(773) 792-3000
Listed By:
Peter Karlis · License #471018214
(630) 853-1313
Added: Jul 17
Changed: Aug 20
Last Checked: Sep 2 at 12:06PM
MLS# 12708347
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant and bar premises is configured for continued food-and-beverage operations, with furniture, fixtures, and equipment available for the incoming tenant. A new outdoor patio expands the usable customer area, while central air serves the interior. The building dates to 2003 and carries RTAIL zoning.
The space is located at 1762 N Milwaukee Avenue in Libertyville, Illinois. Tenants may also have the option to extend their occupancy into two adjoining spaces, subject to the applicable lease terms. The combination of an existing restaurant configuration, included equipment, patio area, and potential additional space supports a range of food-and-beverage layouts.
The space is located at 1762 N Milwaukee Avenue in Libertyville, Illinois. Tenants may also have the option to extend their occupancy into two adjoining spaces, subject to the applicable lease terms. The combination of an existing restaurant configuration, included equipment, patio area, and potential additional space supports a range of food-and-beverage layouts.
Key Highlights
- Restaurant and bar space with furniture, fixtures, and equipment available for tenant use
- New outdoor patio included with the premises
- Potential to extend into 2 adjacent spaces
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
34k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Furniture, fixtures, equipment, and a new outdoor patio are available for tenant use.
Where is this conventional restaurant located?
The property is located at 1762 N Milwaukee Avenue Libertyville, IL.
What are key features of this property?
This property features: Restaurant and bar space with furniture, fixtures, and equipment available for tenant use; New outdoor patio included with the premises; Potential to extend into 2 adjacent spaces
