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    Libertyville, IL
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    Libertyville, IL Retail Properties & Spaces for Sale

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    Vernon Hills, IL Mundelein, IL Lake Forest, IL
    7 results
    Versatile Commercial Property in Libertyville
    $1,599,000
    0.69 Acres

    Versatile Commercial Property in Libertyville

    197 Peterson Road, Libertyville, IL 60048

    Thriving commercial property with high visibility and flexible layouts.

    • High‑visibility location in a thriving business corridor with high traffic counts.
    • 11 drive‑in bays suitable for automotive services, logistics, or warehousing.
    • 38 dedicated parking spots for customers, staff, and deliveries.
    • Five individual units suitable for retail, service, or office use.
    • Close proximity to the expressway for easy regional access and commuter traffic.
    Updated: Nov 17, 2025
    View details
    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons
    $425,000
    2,450 SF

    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons

    287 Peterson Rd, Libertyville, IL 60048

    Prime Corner Medical / Commercial Property with Exceptional Visibility

    • High‑Traffic, Established Commercial Center
    • Recently Renovated, Corner Lot, Ample Parking, diverse mix of established businesses, creating consistent daily activity and a steady flow of customer traffic, Prime location with an average of ~ 32,000 VPD.
    Updated: Sep 2, 2025
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    Retail Space in Downtown Libertyville
    $1,500,000
    0.71 Acres

    Retail Space in Downtown Libertyville

    2,000+ sq ft retail space in new building.

    121 W Church Street, Libertyville, IL 60048
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    Prime Libertyville Commercial Property
    $375,000
    0.10 Acres

    Prime Libertyville Commercial Property

    High-visibility commercial property ideal for office or retail use.

    134 S Milwaukee Avenue, Libertyville, IL 60048
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    Turnkey Restaurant/Retail Building on Milwaukee
    $699,900

    Turnkey Restaurant/Retail Building on Milwaukee

    Freestanding, remodeled commercial building suitable for restaurant or retail business.

    327 S Milwaukee Avenue, Libertyville, Libertyville, IL 60048
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    Prime Libertyville Land Parcel
    $1,500,000
    1.50 Acres

    Prime Libertyville Land Parcel

    1.5-acre parcel on Milwaukee Avenue, ideal for development.

    1470 N Milwaukee Avenue, Libertyville, IL 60048
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    Prime Libertyville Redevelopment Opportunity
    $1,995,000
    35,542 SF

    Prime Libertyville Redevelopment Opportunity

    High-visibility commercial land in Libertyville with redevelopment potential.

    426 S Milwaukee Avenue, Libertyville, IL 60048
    View details
    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 7 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 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.

    Retail Space in Vernon Hills
    Contact for pricing
    13,885 SF

    Retail Space in Vernon Hills

    Multi-tenant outlot building with high visibility and redevelopment potential.

    850 N Milwaukee Avenue |, Vernon Hills, IL 60061
    View details
    Storefront on Lake Street, Mundelein
    Contact for pricing
    7,500 SF

    Storefront on Lake Street, Mundelein

    Storefront for sale in downtown Mundelein near restaurants.

    541 North Lake Street, Unit 541, Mundelein, IL 60060
    View details
    Mariano's Fresh Market Investment Opportunity
    Contact for pricing
    71,248 SF

    Mariano's Fresh Market Investment Opportunity

    Single-tenant NNN leased grocery asset with long-term lease.

    1720 N Milwaukee Ave, Vernon Hills, IL 60061
    View details
    Bank Ground Lease Opportunity
    Contact for pricing
    4,976 SF

    Bank Ground Lease Opportunity

    Long-term ground lease with rent escalations in Mundelein, Illinois.

    3196 W Il Rte 60, Mundelein, IL
    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.

    Commercial Land on Route 120
    $2,000,000

    Commercial Land on Route 120

    Commercial land available at the intersection of Route 45 and 120.

    18451 W Il Route 120, Grayslake, IL 60030
    View details
    Land Available Near I-94
    $999,500

    Land Available Near I-94

    Land for sale near I-94 and Belvidere Rd Exit.

    601 Lakehurst Road, Waukegan, IL 60085
    View details
    Gurnee Commercial Land For Sale
    $1,890,000

    Gurnee Commercial Land For Sale

    Commercial land available in Gurnee, Illinois.

    34491 N Old Walnut Circle, Gurnee, IL 60031
    View details
    Gurnee Commercial Land For Sale
    $1,025,000

    Gurnee Commercial Land For Sale

    Commercial land available at the corner of Washington and Old Walnut.

    34498 N Old Walnut Circle, Gurnee, IL 60031
    View details

    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.

    120 Winchester Rd, Unit 44-8-G

    120 Winchester Rd, Unit 44-8-G

    RESIDENTIAL PARKING GARAGE • 210 SF
    Value Estimation by Request
    120 Winchester Rd, Libertyville, IL 60048-3907
    View details
    124 Winchester Rd

    124 Winchester Rd

    RESIDENTIAL PARKING GARAGE • 210 SF
    Value Estimation by Request
    124 Winchester Rd, Libertyville, IL 60048-3909
    View details
    102 Winchester Rd, Unit 31-6-G

    102 Winchester Rd, Unit 31-6-G

    RESIDENTIAL PARKING GARAGE • 210 SF
    Value Estimation by Request
    102 Winchester Rd, Libertyville, IL 60048-3905
    View details
    142 Winchester Rd

    142 Winchester Rd

    RESIDENTIAL PARKING GARAGE • 210 SF
    Value Estimation by Request
    142 Winchester Rd, Libertyville, IL 60048-3911
    View details
    2301 Winchester Rd

    2301 Winchester Rd

    RETAIL STORES (PERSONAL SERVICES) • 1,803 SF
    Value Estimation
    $1,295,000
    2301 Winchester Rd, Libertyville, IL 60048-5344
    View details
    31160 Us Hwy 45

    31160 Us Hwy 45

    RETAIL STORES (PERSONAL SERVICES) • 3,270 SF
    Value Estimation by Request
    31160 Us Hwy 45, Libertyville, IL 60048-9747
    View details
    19170 Il Rte 137

    19170 Il Rte 137

    RETAIL STORES (PERSONAL SERVICES) • 10,318 SF
    Value Estimation by Request
    19170 Il Rte 137, Libertyville, IL 60048-9790
    View details
    1941 Industrial Dr

    1941 Industrial Dr

    RETAIL STORES (PERSONAL SERVICES) • 9,945 SF
    Value Estimation
    $885,000
    1941 Industrial Dr, Libertyville, IL 60048-9731
    View details
    19238 Peterson Rd

    19238 Peterson Rd

    RETAIL STORES (PERSONAL SERVICES) • 720 SF
    Value Estimation by Request
    19238 Peterson Rd, Libertyville, IL 60048
    View details
    547 Milwaukee Ave

    547 Milwaukee Ave

    Restaurants • 5,583 SF
    Value Estimation by Request
    547 Milwaukee Ave, Libertyville, IL 60048
    View details
    441 Park Ave

    441 Park Ave

    Office Spaces • 6,000 SF
    Value Estimation by Request
    441 Park Ave, Libertyville, IL 60048
    View details
    1300-1440 Milwaukee Ave

    1300-1440 Milwaukee Ave

    Office Spaces • 151,840 SF
    Value Estimation by Request
    1300-1440 Milwaukee Ave, Libertyville, IL 60048
    View details
    Peterson Rd

    Peterson Rd

    Retail properties & Spaces • 8,000 SF
    Value Estimation by Request
    0 Peterson Rd, Libertyville, IL 60048
    View details
    1015-1047 Milwaukee Ave

    1015-1047 Milwaukee Ave

    Neighborhood centers • 11,604 SF
    Value Estimation by Request
    1015-1047 Milwaukee Ave, Libertyville, IL 60048
    View details
    29380 Waukegan Rd

    29380 Waukegan Rd

    Medical Office Space • 15,000 SF
    Value Estimation by Request
    29380 Waukegan Rd, Libertyville, IL 60048
    View details
    1153 Milwaukee Ave

    1153 Milwaukee Ave

    Individual retail properties • 18,994 SF
    Value Estimation by Request
    1153 Milwaukee Ave, Libertyville, IL 60048
    View details

    Libertyville, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 23 retail properties & spaces for sale in Libertyville, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 37,992 square feet of properties for sale, with an estimated market value of $2,420,000.

    Sale prices for stores in Libertyville, IL start at $425,000, averaging $1,210,000, and reaching up to $1,995,000 — 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

    Shopping centers 8
    Automotive properties 3
    Auto shops 2
    Grocery and convenience stores 2
    Storefront properties 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 Strategic 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 $1.2M

    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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