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Medical Office Space on Milwaukee Avenue
For Lease
$20 SF/Yr

B-1200 N Milwaukee Ave, Libertyville, IL 60048

Storefront commercial space offers retail, office, or medical use potential near downtown shops, restaurants, and the Metra station.

Space SizeContact for details
Days on Market92

Property Features for B-1200 N Milwaukee Ave

General Information

Standard status Active

Site & Location

Traffic Count 21,000 vehicles/day
Public Transit Yes

Additional Details

Space Use Medical Office

Taxes and HOA fees

Annual Taxes $30,071
Listing Agency: Protect Realty LLC
Listed By: Timothy Hart · License #471019817
Source: Exprealty
Added: Jun 2 Changed: Aug 31 Last Checked: Aug 30 at 11:02PM

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 Protect Realty LLC

Investment Insights

Based on property information with market context.

Storefront space is available for retail, office, or medical use on N Milwaukee Ave. The property is associated with an existing endodontist group and can accommodate a business or medical practice seeking a customer-facing location.

The site receives exposure to more than 21k vehicles per day and is within walking distance of downtown Libertyville shops and restaurants, along with the Metra train station.

Key Highlights

  • Storefront space suited to retail, office, or medical use
  • Exposure to more than 21k vehicles per day
  • Join an existing endodontist group

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Bakery Pharmacy Home Appliance Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,466
Businesses Nearby
Balanced
Demand for This Use

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

Lease Benchmarks for Libertyville, IL

$24.5 /SF/Yr
Avg Asking Price
$20–$30 /SF/Yr
Price Range
4,237 SF
Avg Space Size

This space is priced 18% below the average of $24.5 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Walter P. Dzien, DVM 134 S Milwaukee Ave, Libertyville, IL 60048
  • GreenTree Animal Hospital 800 E Park Ave, Libertyville, IL 60048
  • Estrick Sara DVM 800 E Park Ave, Libertyville, IL 60048

Frequently Asked Questions

What type of property is this?
Medical Office Space - Storefront commercial space offers retail, office, or medical use potential near downtown shops, restaurants, and the Metra station.
Where is this medical office space located?
The property is located at B-1200 N Milwaukee Ave Libertyville, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Storefront space suited to retail, office, or medical use; Exposure to more than 21k vehicles per day; Join an existing endodontist group
More about this property
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