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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 Rail	Drive	Walk	Distance
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))	8 min	-	3.7 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	35 min	-	26.5 mi

Benjamin Lovinger 847-778-9519 Baird & Warner

545-547 N Milwaukee Ave Libertyville, IL 60048