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    1300-1440 Milwaukee Ave Libertyville, IL 60048

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored Libertyville office space available.

    Lot size:
    151,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Red Top Plaza offers exceptional executive office suites in the thriving Libertyville, IL market. This 151,840 square foot, multi-tenant property boasts a prime location anchored by Jewel-Osco, the leading grocer in the Chicago MSA. The strong tenant mix includes national and regional brands such as Pet Supplies Plus, Phenix Salons, Burger King, Code Ninjas, and Plato's Closet, ensuring high foot traffic and visibility. Currently, 12,400 square feet of office space is available, divisible into units ranging from a minimum of 800 square feet to a maximum contiguous space of 4,000 square feet. This presents a unique opportunity for businesses seeking flexible and strategically located office space within a vibrant retail environment. The surrounding area features a substantial population of over 54,000 people within a 3-mile radius, boasting an impressive average household income exceeding $151,000. This demographic profile underscores the significant market potential and strong consumer base supporting the property's success. The property's location in Lake County provides easy access to major transportation routes and amenities, making it an ideal location for businesses of all sizes. Contact us today to learn more about the available office spaces and secure your place in this thriving commercial center.

    Property Features for 1300-1440 Milwaukee Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    151,840 SF

    Unit(s) available at that property

    Space
    1430
    Size
    800 SF
    Space
    1356
    Size
    2,500 SF
    Space
    1426
    Size
    1,600 SF
    Space
    1410
    Size
    1,200 SF

    HighLights

    • Retail and office space available in Red Top Plaza, Libertyville, IL.
    • 151,840 total square feet.
    • Multiple tenancies available, minimum 800 square feet, maximum contiguous 4,000 square feet.
    • 12,400 square feet currently vacant.
    • Located in Lake County, IL, and anchored by Jewel‑Osco.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Libertyville
    County
    Lake
    State
    Illinois
    Longitude
    -87.9471891
    Latitude
    42.2623836

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    FAQs

    What type of property is this?
    Office Property / Space - Grocery-anchored Libertyville office space available.
    Where is this office property / space located?
    The property is located at 1300-1440 Milwaukee Ave Libertyville, IL.
    What are key features of this property?
    This property features: Retail and office space available in Red Top Plaza, Libertyville, IL.; 151,840 total square feet.; Multiple tenancies available, minimum 800 square feet, maximum contiguous 4,000 square feet.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300-1440 Milwaukee Ave Libertyville, IL 60048
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