Storefront

Libertyville, IL Storefront Properties 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
First-Floor Retail Space
Updated: Jan 8
First-Floor Retail Space

121 W Church Street, Libertyville, IL 60048

$1,500,000
0.71 AC lot
More than 2,000 square feet of first‑floor retail space
Located in a custom‑built building completed in 2024
Interior can be designed to fit the occupant’s needs
Central air conditioning; water available and public sewer
Across from Cook Park in downtown Libertyville
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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 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.

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

33125 N Us Highway 45, Grayslake, IL 60030

$495,900
5,066 sqft

Main-level commercial suites are paired with an upper-level residential unit and on-site parking.

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Single-Tenant NNN Ground Lease
Single-Tenant NNN Ground Lease

7320 Grand Avenue, Gurnee, IL 60031

Contact for pricing
3,260 sqft 1.10 AC lot

New-construction bank branch includes double drive-through service and tenant-paid operating, maintenance, and capital costs.

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Office Building with Retail Space
Office Building with Retail Space

6021 W. Washington St., Gurnee, IL 60031

Contact for pricing
7,200 sqft

C-2 PUD-zoned property with flexible office and retail space.

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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

Brick commercial property combines multiple main-level storefronts with an upper-level apartment and on-site customer parking.

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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 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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Office Building
Office Building

7314 Hancock Drive, Wonder Lake, IL 60097

$300,000
0.35 AC lot

The office property has its own city water and sewer service and may be purchased separately from the adjoining parcel.

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Triangular Corner Commercial Land
Triangular Corner Commercial Land

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

Raw commercial parcel positioned near the Randall Road corridor and across from an elementary school.

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Town Center Commercial Land
Town Center Commercial Land

Ryan Parkway lot: 4 B, Algonquin, IL 60101

$120,000
0.32 AC lot

Vacant parcel in Algonquin town center with Starbucks, Verizon, Lube Pros, and Chase Bank nearby.

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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

Estimated value: by Request
18,994 sqft
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Libertyville, IL Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Libertyville, IL on our real estate platform.

Sale prices for retail units in Libertyville, IL average $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

Storefront properties 8
Shopping centers 3
Auto shops 1
Automotive properties 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 $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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