List Search

545-547 N Milwaukee Ave
Libertyville, IL 60048

$6,995,000 USD

General Retail For Sale  •  11,243 SF

Property Details

  • Property Type General Retail
  • Total Building Size 16,621 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 5.09 %
  • Tenancy Multiple
  • Zoning C-1, Libertyville
60 Transit Score
50 Walk Score

Highlights

Trophy Asset | Rarely available
Award winning downtown district
25,000 VPD
Mixed use with a diversified tenant mix
Fully renovated in 2009
Largest singular office space in downtown Libertyville

Financial Summary (Actual)

Net Operating Income: $345,445 USD (2025)
Cap Rate: 5.09 %
Total Expenses: $10,376 USD

Major Tenants

Tenant SF Occupied Lease End Date
Milwalky Trace 12/31/2029
Muller Trading Co Inc
Up North Ax and Tap 5/1/2029

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Libertyville Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 4 min 0.2 mi
Mundelein Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 3.7 mi
Transit/SubwayDriveWalkDistance
Libertyville Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 4 min 0.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 58 min - 31.7 mi
Chicago Midway International 71 min - 45.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Benjamin Lovinger 847-778-9519 Baird & Warner
Benjamin Lovinger 847-778-9519 Baird & Warner