Libertyville, IL
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    Libertyville, IL Restaurants for Sale

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    Vernon Hills, IL Mundelein, IL Lake Forest, IL
    Mixed-Use Trophy Asset in Libertyville
    $6,995,000
    16,621 SF

    Mixed-Use Trophy Asset in Libertyville

    545 North Milwaukee Avenue, Libertyville, IL 60048

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

    • Premier mixed‑use trophy asset in the heart of Libertyville's vibrant Downtown Core.
    • Turn‑key and stable investment with diversified income streams, including two long‑term restaurant leases.
    • Flexible owner‑occupant opportunity with a 6000 sq ft modern, open floor plan office suite featuring premium finishes and abundant natural light.
    • Recession‑resistant asset with high visibility and heavy pedestrian traffic.
    • Meticulously maintained building blending historic architectural charm with high‑end modern infrastructure, significantly remodeled in 2008.
    Updated: May 14
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Grayslake Storefront Building For Sale
    $899,900
    4,800 SF

    Grayslake Storefront Building For Sale

    Two-unit storefront building in Grayslake, fully rented, renovated in 2005.

    55 Barron Boulevard, Grayslake, IL 60030
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    Renovated Storefront Building on Highway
    $899,900
    8,380 SF

    Renovated Storefront Building on Highway

    Two-unit storefront building with leases in place and parking.

    55 N Barron Blvd, Grayslake, IL 60030
    View details
    Mundelein Mixed-Use Investment Opportunity
    $1,450,000
    12,875 SF

    Mundelein Mixed-Use Investment Opportunity

    Fully equipped restaurant, convenience store, and residential units for sale.

    1116 Diamond Lake Rd, Mundelein, IL
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    High-Traffic Commercial Property For Sale
    $750,000
    3,503 SF

    High-Traffic Commercial Property For Sale

    3,500 sq ft commercial property in high-traffic area.

    799 E Us Highway 45 Highway, Mundelein, IL 60060
    View details

    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.

    Mundelein, IL Commercial Land
    $286,000
    0.43 Acres

    Mundelein, IL Commercial Land

    Commercial land available in Mundelein, Illinois.

    331 Plaza Circle lot: 4, Mundelein, IL 60060
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    Prime Land in Mundelein, IL
    $1,111,000

    Prime Land in Mundelein, IL

    Signaled corner location near retail and residential developments.

    20924 & 20902 W Park Avenue, Mundelein, IL 60060
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    Commercial Land in High-Traffic Area
    $49,900
    0.17 Acres

    Commercial Land in High-Traffic Area

    Commercial land with high visibility and seller financing options.

    502 Belvidere Road, Waukegan, IL 60085
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    Waukegan Land Development Opportunity
    $559,000
    1.49 Acres

    Waukegan Land Development Opportunity

    Prime vacant land for commercial development in Waukegan, Illinois.

    1213 Grand Avenue, Waukegan, IL 60085
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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
    5,583 SF
    Value Estimation by Request

    547 Milwaukee Ave, Libertyville, IL 60048

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    Libertyville, IL Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Libertyville, IL on our real estate platform. These investment opportunities span a total of 16,621 square feet of properties for sale, with an estimated market value of $6,995,000.

    Sale prices for restaurant properties in Libertyville, IL start at $6,995,000, averaging $6,995,000, and reaching up to $6,995,000 — 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

    Drive through restaurants 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    60048 $7M

    Taxes & Financing

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

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