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327 S Milwaukee Avenue Libertyville, IL $ 699,900
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$ 699,900 Get more info
327 S Milwaukee Avenue
$ 699,900
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Share Save

327 S Milwaukee Avenue

Libertyville, IL, 60048
$ 699,900
Bedrooms-- Baths-- Sq 2,400
327 S Milwaukee Avenue, Libertyville, IL 60048 - Image 1
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Property for Rent in Libertyville, IL

for $699,900. This 2,400 square foot property was built in 2002 on a lot size of 0.391139.

RARE OPPORTUNITY - TURNKEY RESTAURANT/RETAIL BUILDING ON MILWAUKEE AVE, LIBERTYVILLE - For Sale or Lease | Prime Commercial Real Estate. An exceptional opportunity to own or lease a freestanding, fully remodeled commercial building on high-traffic Milwaukee Avenue in Libertyville. This rarely available property is zoned for commercial use and is ideally suited for an American-style restaurant, any food service concept, or retail business. Property Highlights:Turnkey operation - All fixtures, furniture, and kitchen equipment included. Freestanding building - Not part of a strip mall. Recently remodeled - Modern, updated, and ready for immediate use. High visibility location - On a busy main road with strong traffic counts. Ample on-site parking. Established business area - Proven track record of commercial success. Zoned C-2 Commercial - Flexible for various retail or food service uses. Motivated Seller - Willing to consider offers. Leasing Option: Available for lease at $5,500/month NN

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Rental Contingent

Price

$ 699,900

Taxes

$ 13,607

Style

Commercial

Lot Size

0.391139

Year Built

2002

Town/City

Libertyville

County/Region

Lake

MLS | Web ID

12462809
Features
General
Cooling Central Air
Zoning COMMR
Year Built 2002
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Scavenger Sewer
Stories Count 1
Township Libertyville
Tax Year 2024
Current Use Commercial
County Lake
Net Operating Income 0
Insurance Expense 3500
Property Type Commercial Sale Retail/Stores
Contingency Attorney/Inspection
Status Contingent
Directions Corner of Milwaukee Ave & Lincoln Ave
City Libertyville
Number Of Units Total 1
MLS Area Green Oaks / Libertyville
Lot Size Square Feet 17038
Tax Annual Amount 13607
Additional Parcels Y/N N
Leasable Area 2400
Lease Type Net
Standard Status Active Under Contract
Total Actual Rent 5500
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Exterior
Building Area Total 2400
Lot Dimensions 100 x 170
Frontage Type City Street Public Road Paved
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* Excluded Features
List By
Fulton Grace Realty

Broker

vickie@colovos-soupos.com;vickie@fultongrace.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/4/2025$699,900 Listed Price

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327 S Milwaukee Avenue, Libertyville, IL, 60048 is a Property for Rent at $699,900 with 2,400 sqft and a lot size of 0.391139. 327 S Milwaukee Avenue was built in 2002. The property's zip code is 60048 which is in Libertyville, IL

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