547 Milwaukee Ave Libertyville, IL 60048
- Retail properties
- 5,583 SF
Current Use by Public Records
- Retail properties
Property Details for 547 Milwaukee Ave
- Year built
- 1920
- Property size
- 5,583 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 5,583 square foot retail or restaurant space is ideally situated at 547 N Milwaukee Ave in Libertyville, Illinois, zip code 60048. Built in 1920 and extensively renovated in 2009, this single-tenant property offers a blend of historic charm and modern functionality. The building boasts a spacious 5,538 square feet of vacant space, ready for immediate occupancy. Located in Lake County, this property benefits from high visibility and accessibility, making it an excellent opportunity for a variety of businesses. The asking rent is $17,438 per month gross, or $34 per square foot plus pass-throughs of under $4 total. This prime location in Libertyville offers significant potential for growth and success. The property's history and recent renovations combine to create a unique and attractive space for a discerning tenant. Its single-tenant occupancy simplifies management and provides a clear opportunity for a business to establish a strong presence in a thriving community. The combination of a desirable location, ample space, and competitive lease terms makes this property a truly exceptional investment opportunity. The property's address is easily accessible and benefits from high traffic volume. This is a rare chance to secure a well-maintained, historically significant commercial space in a vibrant and growing area.
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
- -87.955
- Latitude
- 42.2888
