Restaurants

Libertyville, IL Restaurants for Sale

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Retail Center Restaurant and Stores
Updated: Jun 25
Retail Center Restaurant and Stores

1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing
2003‑built upscale retail center with available spaces including 5,900 SF 2nd generation restaurant space
FF&E available with the 5,900 SF restaurant suite
Up to 8,610 SF of contiguous storefront space available and can be subdivided for different floorplans
Minimum divisible space is 1,353 SF
Walgreens shadow anchor location with high traffic counts
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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.

Turnkey Restaurant with Full Bar
Turnkey Restaurant with Full Bar

1440 E Grand Avenue, Lindenhurst, IL 60046

$899,990
0.89 AC lot

Turnkey Mexican seafood restaurant on a remodeled former Burger King site with a full bar, gaming area, and ample parking.

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Waukegan Retail Property with Drive-Thru
Waukegan Retail Property with Drive-Thru

919 N Green Bay Rd, Waukegan, IL

Contact for pricing
3,129 sqft 1.22 AC lot

Freestanding retail property with drive-thru in strong transit location.

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Versatile Commercial Property in Lindenhurst
Versatile Commercial Property in Lindenhurst

625 N Bridgeport Ter, Lindenhurst, IL 60046

$1,520,000
6,500 sqft

Adaptable commercial space with retail, restaurant, office, and special use potential.

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Mixed-Use Brick Restaurant Building
Mixed-Use Brick Restaurant Building

818 10th Street, Waukegan, IL 60085

$449,900
0.16 AC lot

Brick mixed-use building with a first-floor Mexican restaurant and two apartments on the second floor.

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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.

Mundelein, IL Commercial Land
Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000
0.43 AC lot

Commercial land available in Mundelein, Illinois.

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Commercial Land in High-Traffic Area
Commercial Land in High-Traffic Area

502 Belvidere Road, Waukegan, IL 60085

$49,900
0.17 AC lot

Commercial land with high visibility and seller financing options.

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Waukegan Land Development Opportunity
Waukegan Land Development Opportunity

1213 Grand Avenue, Waukegan, IL 60085

$559,000
1.49 AC lot

Prime vacant land for commercial development in Waukegan, Illinois.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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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

Value Estimation by Request
5,583 sqft
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Libertyville, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Libertyville, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $18.

Sale prices for restaurant properties in Libertyville, IL start at $18, averaging $18, and reaching up to $18 — 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

Conventional restaurants 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 $3.5M

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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