Retail Space with
For Lease
$1,900,000
211 S Milwaukee Avenue, Libertyville, IL 60048
Lease opportunity with shared office amenities, established automotive co-tenancy, and utility-inclusive common area maintenance.
Space Size7,384 SF
Lot Size1.09 Acres
Days on Market469
Property Features for 211 S Milwaukee Avenue
General Information
Standard status
Active
Size
7,384 SF
Net Rentable
7,384 SF
Lot size
1.09 Acres
Property subtype
COMMERCIAL
Space & Availability
Available Space
7,384 SF
Contiguous Space
7,384 SF
Space Use
Retail
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$34,720
Building Details
Year Built
2003
Tenancy
Multi
Listing Agency:
Millennium Properties RE, Inc.
Listed By:
Susan Silver · License #475136992
(312) 338-3000
Source:
Realtorjamie
Added: Jun 13, 2025
Changed: Sep 23
Last Checked: Sep 22 at 10:40PM
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 Millennium Properties RE, Inc.
Investment Insights
Based on property information with market context.
This retail leasing opportunity includes 7,384 square feet of ground-floor space within a 2003-built property. An additional approximately 2,180 square feet on the second floor provides multiple offices, a waiting area, and a washroom shared by both occupants. The space was previously used by an auto parts retailer and is positioned alongside an auto repair business operating for more than 40 years.
The property occupies 1.09 acres at 211 S Milwaukee Avenue, just south of downtown Libertyville in Lake County. Nearby businesses include Jewel, Trader Joe’s, Culver’s, Jiffy Lube, car dealerships, and neighborhood shopping centers. Common area maintenance covers electric, gas, water, scavenger service, and insurance, with utilities not separately metered.
The property occupies 1.09 acres at 211 S Milwaukee Avenue, just south of downtown Libertyville in Lake County. Nearby businesses include Jewel, Trader Joe’s, Culver’s, Jiffy Lube, car dealerships, and neighborhood shopping centers. Common area maintenance covers electric, gas, water, scavenger service, and insurance, with utilities not separately metered.
Key Highlights
- 7,384 SF retail space available for lease
- Approximately 2,180 SF second‑floor office area with waiting room and washroom
- 1.09‑acre property at 211 S Milwaukee Avenue
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,028
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Shell
Shops & Services
16,784 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
7,139 visits/mo
0.2 miles
BP
Shops & Services
6,211 visits/mo
0.2 miles
Dunkin' Donuts
Dining
5,621 visits/mo
0.2 miles
Chase Bank
Shops & Services
5,305 visits/mo
0.5 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Lease opportunity with shared office amenities, established automotive co-tenancy, and utility-inclusive common area maintenance.
Where is this retail space located?
The property is located at 211 S Milwaukee Avenue Libertyville, IL.
What is the lease rate?
The lease rate is $1,900,000.
What are key features of this property?
This property features: 7,384 SF retail space available for lease; Approximately 2,180 SF second‑floor office area with waiting room and washroom; 1.09‑acre property at 211 S Milwaukee Avenue
