426 S Milwaukee AVE Libertyville, IL 60048

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $258

MLS Listing ID 12391658

Year Built 1955

Annual Tax Amount $36,628

Tax Year 2024

Lot Dimensions 132X261X127X299

Property Sub-Type Retail/Stores

Property Description

Great investment opportunity. 2 C3 zoned retail commercial properties located on approximating 36,000 sq ft on prime corner lot in Libertyville's popular Business District with 1 entry on Rockland Rd and 3 entries on Milwaukee Ave. The main building (426 S Milwaukee) is approximately 8,000 SF with 6,000 SF on the first floor (hardware store) with large adjoining workshop with exterior full access for loading. The upper floor has approximately 2,000 SF containing 6 generous sized, very well maintained offices varying sizes from 500 SF to 700 SF (3 hardwood flooring 3 carpet). There are also 2 restrooms down the hall. 2 offices are currently being rented with month to month leases. 2nd property (450 S Milwaukee) is currently being used as an auto repair shop which tenant is leasing on a month to month. Between the 2 buildings is a nice sized parking lot (2 separate pins included). In the rear of the properties there is an alley which allows for easy in and out access. Roof on main building (Hardware Store) is approximately 11 years old. Located on the corner of a busy intersection with turn lanes and traffic lights. These properties have great exposure and are surrounded by residential homes, businesses, schools and Condell Hospital.

Location

State IL

County Lake

Area Green Oaks / Libertyville

Zoning COMMR

Interior

Cooling Central Air, Wall Sleeve

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 2

Listed by Karen Sanchez • HomeSmart Connect LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106