Restaurants

Libertyville, IL Restaurants for Sale

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Green Oaks, IL Vernon Hills, IL Mundelein, IL Mettawa, IL Lake Forest, IL Lake Bluff, IL Grayslake, IL Gurnee, IL
Indian Fusion Restaurant with Private Dining
Updated: May 14
Indian Fusion Restaurant with Private Dining

620 N Milwaukee Ave, Libertyville, IL 60048

$199,000
Indian fusion restaurant operating since January 2023 (Singh’s Kitchen).
Approximately 120‑guest capacity with flexible private dining options for groups and events.
Over $750,000 in gross sales reported since opening, with strong, consistent cash flow.
About 80/20 split between American and Indian diners, indicating broad customer appeal.
Food‑to‑liquor revenue split of about 65/35 and a popular weekend buffet with strong attendance.
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Established Coffee Shop Business
Updated: May 29, 2025
Established Coffee Shop Business

114 N Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing
U.S.-established boba tea brand with over 350 stores nationwide
15‑year growth history in the United States
Tea sourced directly from Taiwan
Fresh ingredients and made‑to‑order drinks
RTAIL zoning
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See hot listings in Libertyville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Three-Unit Storefront Building
Three-Unit Storefront Building

55 Barron Boulevard, Grayslake, IL 60030

$899,900
0.66 AC lot

A separate parcel provides a parking lot alongside the commercial building.

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Multi-Level Restaurant and Bar
Multi-Level Restaurant and Bar

250 Center St, Grayslake, IL 60030

$3,750,000
9,165 sqft

Built-out foodservice and event property with commercial kitchen infrastructure, multiple dining areas, and outdoor patios.

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Chick-fil-A NNN Property
Chick-fil-A NNN Property

790 S Northpoint Blvd, Waukegan, IL 60085

Contact for pricing
5,222 sqft 2.00 AC lot

Secured by a 15-year absolute NNN ground lease with Chick-fil-A, Inc.

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Dutch Bros Coffee Shop
Dutch Bros Coffee Shop

653 N Green Bay Rd, Waukegan, IL 60085

Contact for pricing
1,090 sqft

New construction coffee shop with multiple access points and monument signage.

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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.

Commercial Land with Street Frontage
Commercial Land with Street Frontage

1213 Grand Avenue, Waukegan, IL 60085

$559,000

Vacant commercial parcel with B-2 and B-3 zoning at a signalized intersection near retail, transit, and established neighborhoods.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

PUD-zoned commercial land with Rand Road frontage and natural gas availability.

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Commercial Corner Lot
Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

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Signalized Corner Commercial Land
Signalized Corner Commercial Land

1730 W Beach Road, Waukegan, IL 60087

$152,900
1.41 AC lot

Municipal water and sewer are located in the rights-of-way along both adjoining streets.

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Off-Market Properties in Libertyville, IL

Consider similar Off-Market properties in Libertyville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

547 Milwaukee Ave
Restaurants

547 Milwaukee Ave, Libertyville, IL 60048

Estimated value: by Request
5,583 sqft
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Libertyville, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Libertyville, IL on our real estate platform.

Sale prices for restaurant properties in Libertyville, IL average $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2
Coffee shops 1
Drive through restaurants 1

Demographics Overview

Population 29K
Population Growth (5Y) -0.4%
Median Household Income $169,283
College Educated 50.7%

High-Yield Neighborhoods for Investment

Identify Libertyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60048 $299K

Taxes & Financing

Tax Rate (average for all types) 7.69%
Property Tax per SF $91.39 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Libertyville fall within the 25,000 to 50,000 square foot range.

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