780 Park Ave Libertyville, IL 60048-2907
- Commercial land
- 0.64 lot acres
Aug 30, 2022
Current Use by Public Records
- Commercial land
Property Details for 780 Park Ave
- Lot size
- 0.64 lot acres
- Property type
- Commercial land
- APN
- 11-22-101-014
- APU
- 1122101014
Description
This exceptional 27,765 square foot commercial land parcel is ideally situated in Libertyville, Illinois, at 780 E Park Ave, within the vibrant Park Avenue Corporate Center (APN: 11-22-101-014). Zoned I-3, this pad-ready site presents a unique opportunity for retail development. The property boasts a highly desirable location, offering excellent visibility and accessibility. Neighboring businesses include established and successful entities such as Life Storage, Auto Expo, and Green Tree Animal Hospital, ensuring a strong commercial presence in the immediate vicinity. The site's strategic placement across from Culver's and Liberty Auto City further enhances its appeal and potential for attracting a diverse customer base. The asking price is $570,000, translating to a land value of $20.53 per square foot. This represents a compelling investment opportunity in a thriving commercial area of Lake County, Illinois, with a 60048 zip code. The property's location offers easy access to major transportation routes, making it an attractive proposition for businesses seeking high visibility and convenient access for customers and employees. This is a rare chance to acquire a well-positioned commercial lot ready for immediate development.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Libertyville
- County
- Lake
- State
- Illinois
- Longitude
- -87.9422
- Latitude
- 42.2825
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
