Storefront

Libertyville, IL Storefront Properties for Sale

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Vernon Hills, IL Mundelein, IL Lake Forest, IL Lake Bluff, IL Grayslake, IL Gurnee, IL Waukegan, IL North Chicago, IL
Retail Space in Downtown Libertyville
Updated: Jan 8
Retail Space in Downtown Libertyville

121 W Church Street, Libertyville, IL 60048

$1,500,000
0.71 AC lot
2,000+ sq ft first floor unit in downtown Libertyville
New custom built building (2024)
Opportunity to custom design the space
Located across from Cook Park
Village parking garage immediately next to the property
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Mixed-Use Retail and Office Building
Updated: Apr 10
Mixed-Use Retail and Office Building

602-610 N Milwaukee Ave, Libertyville, IL 60048

Contact for pricing
9‑unit mixed‑use building with 3 retail, 3 office, and 3 1BD/1BA apartments
100% occupied with current tenants in retail, office, and apartment spaces
Two largest retail tenants are on NNN leases with proportional share of real estate taxes, insurance, and common area maintenance
1‑bedroom units have received updates including newer appliances and bathroom fixtures
Over the last four years, $144,150 in capital improvements have been completed
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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.

Retail Building at Signalized Intersection
Retail Building at Signalized Intersection

790 S Northpoint Blvd, Waukegan, IL 60085

$3,235,294
5,222 sqft 2.00 AC lot

Retail property for sale on a 2+ acre lot at a signalized intersection.

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Renovated Storefront Building on Highway
Renovated Storefront Building on Highway

55 N Barron Blvd, Grayslake, IL 60030

$899,900
8,380 sqft

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

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$495,900
0.29 AC lot

Mixed-use building with five storefront/office spaces and an apartment above, plus parking for about 10 to 12 vehicles.

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Mixed-Use Brick Corner Building
Mixed-Use Brick Corner Building

726 10th Street, Waukegan, IL 60085

$283,975
0.08 AC lot

Brick mixed-use corner property with retail storefront, attached 2-car garage, and three income apartments over two levels.

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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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Rand Road Development Opportunity
Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Wonder Lake Commercial Block
Wonder Lake Commercial Block

7314 Hancock Drive, Wonder Lake, IL 60097

$250,000
0.35 AC lot

Commercial block with office building and land for sale.

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Prime Corner Lot in Carpentersville
Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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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.

1153 Milwaukee Ave
Individual retail properties

1153 Milwaukee Ave, Libertyville, IL 60048

Value Estimation by Request
18,994 sqft
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Libertyville, IL Storefront Properties Market Trends and Statistics

Explore 3 storefront properties 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 $1,500,000.

Sale prices for retail units in Libertyville, IL start at $0.00, averaging $750,000, and reaching up to $1,500,000 — 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

Shopping centers 10
Storefront properties 6
Automotive properties 3
Auto shops 2
Grocery and convenience stores 2

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 $1.5M

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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