34
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$2,200,000
Est. payment /mo
8,500 SqFt
New
426 S Milwaukee Avenue Libertyville, IL 60048
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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
Zoning COMMR
Interior
Cooling Central Air, Wall Sleeve
Fireplace N
Exterior
View Y/N true
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Listed by Karen Sanchez • HomeSmart Connect LLC