Libertyville, IL Restaurants for Rent & Lease

Updated: Nov 5, 2025

Former Restaurant with Drive-Thru

1124 N Milwaukee Avenue, Libertyville, IL 60048

$45 SF/Yr

High‑traffic location surrounded by new QSR and retail/office developments.
Existing restaurant infrastructure including a full kitchen with hood.
Drive‑thru window for convenient customer service.
Ample parking and seating available.
Large 20,000 sq ft lot with access from both North and South Milwaukee Road.

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Updated: Apr 7, 2025

Grocery-Anchored Retail Space Available

1300-1400 S Milwaukee Ave, Libertyville, IL

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6,400 sqft

Anchored by Jewel Osco, the #1 grocer in the Chicago MSA.
Located in Libertyville, IL.
High‑income demographics: $179,000+ average household income within a 3‑mile radius.
Population of more than 55,000 within a 3‑mile radius.
Grocery‑anchored property.

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Downtown Libertyville Trophy Location

708 N Milwaukee Ave, Libertyville, IL 60048

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Iconic property in high-traffic area, suitable for various uses.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Libertyville, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Vernon Hills Retail Outlot Opportunity

600 Townline Rd, Vernon Hills, IL

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8,900 sqft

Outlot opportunity in Vernon Hills for restaurant and retail concepts.

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Vernon Hills Retail Opportunity

101 Hawthorn Ctr, Vernon Hills, IL

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7,000 sqft

Retail and restaurant space available in Vernon Hills, Illinois.

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Retail Space Near High School

1122-1162 W Maple Ave, Mundelein, IL

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1,637 sqft

Renovated retail center with restaurant space available near highschool.

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Retail Space Near High School

1174-1178 W Maple Ave, Mundelein, IL

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962 sqft

Newly renovated retail space near Jewel-Osco and Mundelein High School.

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Similar Spaces for Sale in Libertyville, IL

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Retail Center Restaurant and Stores

1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

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2003-built retail center offers contiguous storefront space and a second-generation restaurant suite with FF&E available.

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Mixed-Use Trophy Asset in Libertyville

545 North Milwaukee Avenue, Libertyville, IL 60048

$6,995,000

16,621 sqft

Premier mixed-use property in Libertyville's vibrant Downtown Core.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Plainfield Commercial Land For Rent

SW corner of Rte 59 & Fraser Road, Plainfield, IL 60586

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6.491 acre commercial land available for rent in Plainfield, IL.

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Wayland Commercial Land For Lease

1376 142nd Avenue, Wayland, MI 49348

$23 SF/Yr

4,800 sqft · $9,200/Mo

3.5 acre commercial land with 4800 SF shell building.

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Jackson Commercial Property with I-94 Access

201 Brookley Avenue, Jackson, MI 49202

$5,500/Mo

8,416 sqft · $7 SF/Yr

5.341 acre property with easy I-94 access for lease.

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Downtown Alma Commercial Land Opportunity

315 E Superior St, Alma, MI 48801

$1.00 SF/Yr

Commercially zoned land available for build-to-suit in downtown Alma.

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Libertyville, IL Restaurants Market Trends and Statistics

Explore Restaurants leasing options in Libertyville, IL with 3 listings featured on our commercial real estate exchange. The current inventory includes 6,400 square feet of properties with an estimated lease value of $45 SF/Yr.

Estimated lease rates for Restaurants in Libertyville, IL begin at $45 SF/Yr, with an average of $45 SF/Yr and extend to $45 SF/Yr.

Libertyville, IL Restaurants for Lease

1124 N Milwaukee Avenue, Libertyville, IL 60048

1300-1400 S Milwaukee Ave, Libertyville, IL

708 N Milwaukee Ave, Libertyville, IL 60048