Shopping Center With Drive-In
For Sale
$1,599,000
197 Peterson Road, Libertyville, IL 60048
COMMERCIAL - Libertyville, IL
Property SizeContact for details
Lot Size0.69 Acres
Days on Market273
Property Features for 197 Peterson Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
Milwaukee Ave west on Peterson to property on north side of the street. property is called Sutton Plaza.
Subdivision
Green Oaks / Libertyville
Standard status
Active
APN
11084030091000
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
23490
Utilities
Cooling system
Central Air, Window Unit(s)
Amenities
drive-in bays
Building Details
Year built
1999
Floors in Building
1
Number of units
5
Building materials
Brick
Listing Agency:
Helen Oliveri Real Estate
(847) 967-0022
Listed By:
Helen Oliveri · License #471001015
(847) 967-0022
Added: Nov 17, 2025
Changed: Aug 4
Last Checked: Aug 17 at 1:06PM
MLS# 12519072
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.
Sutton Plaza is a brick shopping center completed in 1999, arranged as five individual units that can support retail, service, or office operations. The property includes 11 drive-in bays, providing direct vehicle access for automotive, logistics, warehousing, and other operations that benefit from drive-in functionality. Central Air and Window Unit(s) cooling are installed.
The 0.6864-acre site is positioned near an expressway in Libertyville, IL, with 38 dedicated parking spots serving customers, employees, and deliveries. Zoning is designated COMMR. The combination of separate units, on-site parking, and drive-in access supports a range of commercial configurations within an established business setting.
The 0.6864-acre site is positioned near an expressway in Libertyville, IL, with 38 dedicated parking spots serving customers, employees, and deliveries. Zoning is designated COMMR. The combination of separate units, on-site parking, and drive-in access supports a range of commercial configurations within an established business setting.
Key Highlights
- Five individual units suited for retail, service, or office use
- 11 drive‑in bays for vehicle‑accessible operations
- 38 dedicated parking spots
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
33k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Home Improvements & Furnishings 27%
Dining 23%
Hotels & Casinos 8%
Ace Hardware
Home Improvements & Furnishings
8,964 visits/mo
0.0 miles
Starbucks
Dining
7,516 visits/mo
0.2 miles
BP
Shops & Services
6,247 visits/mo
0.1 miles
Mobil
Shops & Services
5,601 visits/mo
0.1 miles
Holiday Inn Express & Suites
Hotels & Casinos
2,127 visits/mo
0.2 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
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Similar Off Market Nearby
- Heritage press — 318 peterson rd, libertyville, il 60048
- Brookside — W Buckley Rd, Libertyville, IL 60048
- Peterson Commons — 289 Peterson Rd, Libertyville, IL 60048
Frequently Asked Questions
What type of property is this?
Shopping center - Brick commercial property with flexible retail, service, and office configurations near an expressway.
Where is this shopping center located?
The property is located at 197 Peterson Road Libertyville, IL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Five individual units suited for retail, service, or office use; 11 drive‑in bays for vehicle‑accessible operations; 38 dedicated parking spots
