277 Peterson Rd 15, Libertyville, IL 60048-1005
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.