137 W Park Avenue Libertyville, IL $ 675,000
137 W Park Avenue
$ 675,000
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137 W Park Avenue

Libertyville, IL, 60048
$ 675,000
Bedrooms-- Baths-- Sq 1,863
137 W Park Avenue, Libertyville, IL 60048 - Image 1
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137 W Park Avenue, Libertyville, IL 60048 - Image 4
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137 W Park Avenue, Libertyville, IL 60048 - Image 7
137 W Park Avenue, Libertyville, IL 60048 - Image 8
137 W Park Avenue, Libertyville, IL 60048 - Image 9
137 W Park Avenue, Libertyville, IL 60048 - Image 10
137 W Park Avenue, Libertyville, IL 60048 - Image 11
137 W Park Avenue, Libertyville, IL 60048 - Image 12
137 W Park Avenue, Libertyville, IL 60048 - Image 13

Property for Rent in Libertyville, IL

for $675,000. This 1,863 square foot property was built in 1890 on a lot size of 0.391047.

Location, Location, Location! 100ft of frontage on Rt. 176 (Park Ave) in downtown Libertyville with great signage. This building offers a first-floor executive office suite and a second-floor residential rental unit. This is an extra large lot (100x170) with a 2-car detached garage and room to expand or store big toys in the back. The office space is quite swanky with beautiful original millwork, high ceilings, pocket doors and new hardwood flooring. It has a welcoming front lobby, conference room, 2 large offices, an eat-in kitchenette and full bathroom. The upstairs rental unit is 2-bedrooms, 1 bath with an in-unit washer/dryer and has a long-standing tenant with current lease. This is an excellent space to build a business, meet with clients and have an income-producing rental. Office space is approx. 1,031sqft and residential rental is approx. 832sqft. Parking spaces could be rented for high school parking. Garage space may be rentable. Office suite and rental are both occupied. PLEASE DO NOT WALK THE PROPERTY.

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Rental Active

Price

$ 675,000

Taxes

$ 12,099

Style

Lot Size

0.391047

Year Built

1890

Town/City

Libertyville

County/Region

Lake

MLS | Web ID

12605207

Features
General
Cooling Central Air
Possession Closing
Zoning OFFIC
Construction Materials Wood Masonite
Year Built 1890
Electric Service - 0 to 100 Amps
Tenant Pays Varies by Tenant
Stories Count 2
Township Libertyville
Property Subtype Mixed Use
Tax Year 2024
Gross Income 46575
County Lake
Insurance Expense 250
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family
Status New
Directions Rt. 176 west of Rt 21 to building.
City Libertyville
Number Of Units Total 2
MLS Area Green Oaks / Libertyville
Lot Size Square Feet 17034
Tax Annual Amount 12099
Electric Expense 133
Fuel Expense 198
Trash Expense 27
Water Sewer Expense 133
Additional Parcels Y/N N
Lease Type Gross
Standard Status Active
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Interior
Flooring Wood
Total Fireplaces 0
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Exterior
Foundation Details Block
Building Area Total 1863
Lot Dimensions 100x170
Frontage Type City Street Public Road
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

erinkahn@atproperties.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$675,000 Listed Price

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137 W Park Avenue, Libertyville, IL, 60048 is a Property for Rent at $675,000 with 1,863 sqft and a lot size of 0.391047. 137 W Park Avenue was built in 1890. The property's zip code is 60048 which is in Libertyville, IL