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601 Broadway Street Libertyville, IL $ 4,025,000
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$ 4,025,000 Get more info
601 Broadway Street
$ 4,025,000
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601 Broadway Street

Libertyville, IL, 60048
$ 4,025,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 25,111

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Multi-Family Home for sale in Libertyville, IL

for $4,025,000 with 8 bedrooms. This home was built in 2022 on a lot size of 0.54.

Great opportunity to own a cash flowing, 7-Unit rental townhome development in the heart of Libertyville. Located within steps of Libertyville's best shopping & dining this property has it all. Unit mix includes six 3-bedroom, 2.5 bathroom townhomes & one 2-bedroom, 1.5 bathroom townhome. Interior features include a 2-car garage with extra storage, 9' ceilings on the first two levels, fully sprinklered units with quick recovery water heater and energy efficient HVAC system & side by side washer & dryer. High end finishes include 42" upper cabinets with soft close doors and drawers, 3cm quartz countertops, stainless steel appliances and vinyl plank flooring. Property includes one affordable unit which provides real estate tax credits for entire development.

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Multi-Family Active

Price

$ 4,025,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 53,661

Style

Lot Size

0.54

Year Built

2022

Town/City

Libertyville

County/Region

Lake

MLS | Web ID

12463726
Features
General
Cooling Central Air
Zoning PUD
Year Built 2022
Electric Service - 101 to 200 Amps
Tenant Pays Electricity Heat Scavenger Sewer
Stories Count 3
Tax Year 2024
Gross Income 311952
County Lake
Net Operating Income 221341
Operating Expense 90611
Insurance Expense 12000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions IL-176 (E. Park Ave.) to N. Fourth St and North to 601-617 Broadway St. Property is located on the SE Corner of 4th & Broadway.
City Libertyville
Number Of Units Total 7
MLS Area Green Oaks / Libertyville
Lot Size Square Feet 23418
Tax Annual Amount 53661
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 5.5
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Exterior
Lot Dimensions 212x87x42x106x137
Lot Size Acres 0.54
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* Excluded Features
List By
Kinzie Brokerage Llc

Broker

smaher@kinziegroup.com

Email

Affordability Calculator

$29,583
Per Month
85%
15%
0%
Monthly Principal & Interest
$25,111
Monthly Property Taxes
$4,472
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/5/2025$4,025,000 Listed Price

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601 Broadway Street, Libertyville, IL, 60048 is a Multi-Family Home for sale at $4,025,000 with a lot size of 0.54. 601 Broadway Street has 8 bedrooms, 0.0 baths, and was built in 2022. The property's zip code is 60048 which is in Libertyville, IL

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