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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    277 Peterson Rd 15, Libertyville, IL 60048-1005

    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-2273525
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity in Libertyville, Illinois, presents a 3,200 square foot space available for $359,000. Located at 277-279 Petersen Road, in the heart of Lake County (zip code 60048), this retail property boasts a highly desirable location. The asking price translates to $112.19 per square foot, reflecting a strong value proposition for prospective buyers. The property's key feature is a high-quality freezer, ideally suited for food service operations. This turnkey space is ready for immediate occupancy and presents a fantastic chance to establish or expand a thriving culinary business. The address is conveniently situated at 277-279 Petersen Road, Libertyville, IL, offering excellent visibility and accessibility. With its generous square footage and prime location, this restaurant space is poised for success. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is categorized as retail, specifically a restaurant, and is ready for a new owner to take advantage of its existing infrastructure and prime location. The property's latitude and longitude coordinates are 42.3054051 and -87.9676871 respectively.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 11-08-403-116
    UPID US28-2273525
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Peterson Way LLC · 1 yrs held
    Peterson Way LLC
    since 2024
    Last sale
    $300,000
    4 recorded transactions
    2024
    $300,000
    2019
    2016
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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