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Commercial Land with High Traffic Exposure
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19335-19377 Peterson Road, Libertyville, IL 60048

Build-to-suit site along a heavily traveled road near the Lake County Fair Grounds and a planned corporate headquarters.

Property SizeContact for details
Days on Market20

Property Features for 19335-19377 Peterson Road

General Information

Standard status Active
Property subtype Hospitality, Industrial, Retail
Listing Agency: Lee & Associates - Chicago
Listed By: Thomas Boyle, SIOR · License #IL 471011234
Source: Crexi
Added: Aug 11 Changed: Aug 28 Last Checked: Aug 29 at 11:24PM

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 Lee & Associates - Chicago

Investment Insights

Based on property information with market context.

This 16-acre commercial land offering is positioned for either a sale or build-to-suit development. The property address spans 19335-19377 Peterson Road and presents a sizable site for future construction.

Peterson Road carries reported traffic of 20,000 vehicles per day, providing measurable exposure along the site. The property is near the Lake County Fair Grounds and a future 600K SF headquarters for Bath Concepts. Potential development concepts identified for the site include industrial, retail, healthcare, senior-oriented, and office uses.

Key Highlights

  • 16‑acre commercial land site at 19335‑19377 Peterson Road
  • Peterson Road traffic reported at 20,000 vehicles per day
  • Build‑to‑suit development option available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Storage Facility Pharmacy Grocery & Convenience Store Restaurant Law Firm

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

210
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Build-to-suit site along a heavily traveled road near the Lake County Fair Grounds and a planned corporate headquarters.
Where is this commercial land located?
The property is located at 19335-19377 Peterson Road Libertyville, IL.
What are key features of this property?
This property features: 16‑acre commercial land site at 19335‑19377 Peterson Road; Peterson Road traffic reported at 20,000 vehicles per day; Build‑to‑suit development option available
More about this property
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