Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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