197 Peterson Road, Libertyville, IL 60048
- Added:
- Nov 17, 2025
- Days on Market:
- 228
- Last Refresh:
- Jul 3 at 6:06 am
Property Features for 197 Peterson Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 11084030091000
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 23490
Utilities
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1999
- Floors in Building
- 1
- Number of units
- 5
- Building materials
- Brick
Listing agent Helen Oliveri License #471001015 (847) 967-0022
Listing office Helen Oliveri Real Estate 101 W Gilmer Road, Hawthorn Woods, IL (847) 967-0022
Listing date Nov 17, 2025
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HighLights
- High‑visibility location in a thriving business corridor with high traffic counts.
- 11 drive‑in bays suitable for automotive services, logistics, or warehousing.
- 38 dedicated parking spots for customers, staff, and deliveries.
- Five individual units suitable for retail, service, or office use.
- Close proximity to the expressway for easy regional access and commuter traffic.
- Strong neighboring commercial presence enhancing traffic and investment value.
Overview
Located at 197 Peterson Road in Libertyville, Illinois (Lake County), the property sits in a developed business corridor and is described as being close to the expressway for convenient regional access. The surrounding area includes established retail, dining, and service destinations, supporting day-to-day customer traffic.
For tenants and owner-operators, the combination of multiple unit configurations and dedicated drive-in bays creates flexibility for a range of commercial operators, particularly those needing direct vehicle access and ample parking. Its multi-unit setup can also support a multi-tenant model or an owner-occupant strategy where space is tailored to retail, service, or office requirements within the same property.
Current Use by Public Records
Similar Places Nearby
- Heritage press — 318 peterson rd, libertyville, il 60048
- Brookside — W Buckley Rd, Libertyville, IL 60048
- Peterson Commons — 289 Peterson Rd, Libertyville, IL 60048
Location Insight
- Map
- Local Demand
- City
- Libertyville
- County
- Lake
- State
- Illinois
- Longitude
- -87.9645392
- Latitude
- 42.305632