Peterson Rd Libertyville, IL 60048
- Retail properties
- 8,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Peterson Rd
- Year built
- 1985
- Property size
- 8,000 SF
- Property type
- Retail properties
Description
Highly visible Libertyville, IL retail space (1,000 sq ft) in the Libertyville Plaza, located at 116-134 W Peterson Road, near Route 137 and Milwaukee Avenue. This single-story, Class B building, constructed in 1985, offers a total of 8,000 sq ft across eight suites. The available space (#130) features a brand new ceiling, new LED lighting, and fresh paint, and is immediately available for occupancy. The property boasts 30 parking spaces and is situated in a high-traffic area with an average daily traffic count of 30,000 vehicles and an average household income exceeding $164,002 within a one-mile radius. The building is zoned for general commercial use and is part of an eight-unit strip mall with an additional building, enjoying a strong tenancy history with long-term tenants. A modified gross lease is offered, with no additional CAM or tax charges. Expansion options exist, with the potential to lease an adjacent 2,000 sq ft space (#124) for a total of 3,000 contiguous sq ft. The property is located in Lake County, Illinois, zip code 60048. The minimum divisible space is 1,000 sq ft, with a maximum contiguous space of 1,000 sq ft (expandable to 2,000 sq ft). The building has 220-volt power.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Libertyville
- County
- Lake
- State
- Illinois
- Longitude
- -87.9623
- Latitude
- 42.3062
