Mixed-Use

Libertyville, IL Mixed-use Properties for Sale

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Mixed-Use Trophy Asset in Libertyville
Updated: May 14
Mixed-Use Trophy Asset in Libertyville

545 North Milwaukee Avenue, Libertyville, IL 60048

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16,621 sqft
Premier mixed‑use trophy asset in the heart of Libertyville's vibrant Downtown Core.
Turn‑key and stable investment with diversified income streams, including two long‑term restaurant leases.
Flexible owner‑occupant opportunity with a 6000 sq ft modern, open floor plan office suite featuring premium finishes and abundant natural light.**
Recession‑resistant asset with high visibility and heavy pedestrian traffic.
Meticulously maintained building blending historic architectural charm with high‑end modern infrastructure, significantly remodeled in 2008.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

33125 N Us Highway 45, Grayslake, IL 60030

$495,900
5,066 sqft

Main-level commercial suites are paired with an upper-level residential unit and on-site parking.

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Brick Mixed-Use Building
Brick Mixed-Use Building

818 10th St, Waukegan, IL 60085

$449,900
4,538 sqft

Two upper-level apartments accompany a first-floor Mexican restaurant and additional commercial area.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$495,900
0.29 AC lot

Brick commercial property combines multiple main-level storefronts with an upper-level apartment and on-site customer parking.

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Mixed-Use Brick Building
Mixed-Use Brick Building

818 10th Street, Waukegan, IL 60085

$449,900
0.16 AC lot

Two-level property combines a Mexican restaurant with two upstairs apartments and additional commercial space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Downtown Libertyville Lot
Prime Downtown Libertyville Lot

121 W Church St Unit 2, Libertyville, IL 60048

$1,500,000
4,500 sqft

Rare opportunity to own a lot in downtown Libertyville.

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Commercial Land with Street Frontage
Commercial Land with Street Frontage

1213 Grand Avenue, Waukegan, IL 60085

$559,000

Vacant commercial parcel with B-2 and B-3 zoning at a signalized intersection near retail, transit, and established neighborhoods.

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Downtown Commercial Land Site
Downtown Commercial Land Site

206 N Cook Street, Barrington, IL 60010

$3,495,000
2.01 AC lot

Commercial land in downtown Barrington with COMMR zoning and natural gas availability.

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Downtown Commercial Land
Downtown Commercial Land

206 N Cook Street, Barrington, IL 60010

$3,495,000
2.01 AC lot

Commercial land in downtown Barrington with COMMR zoning.

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Off-Market Properties in Libertyville, IL

Consider similar Off-Market properties in Libertyville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6837 Il Rte 120
OFFICE/RESIDENTIAL (MIXED USE)

6837 Il Rte 120, Libertyville, IL 60048-9455

Estimated value:
$560,000
2,986 sqft 232.49 AC lot
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6331 Il Rte 120
OFFICE/RESIDENTIAL (MIXED USE)

6331 Il Rte 120, Libertyville, IL 60048

Estimated value:
$405,000
2,463 sqft 25.22 AC lot
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Libertyville, IL Mixed-Use Properties Market Trends and Statistics

Explore 3 mixed-use properties for sale in Libertyville, IL on our real estate platform. These investment opportunities span a total of 16,621 square feet of properties for sale.

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Demographics Overview

Population 29K
Population Growth (5Y) -0.4%
Median Household Income $169,283
College Educated 50.7%

Taxes & Financing

Tax Rate (average for all types) 7.69%
Property Tax per SF $91.39 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Libertyville fall within the 100,000+ square foot range.

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