Property profile

547 Milwaukee Ave Libertyville, IL 60048

OFF-MARKET
Retail properties & Spaces
5,583 SF Built 1920
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 5,583 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

547 Milwaukee Ave Libertyville, IL 60048
Libertyville metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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