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118 N Milwaukee Avenue # 118 Libertyville, IL ^$ 16

118 N Milwaukee Avenue # 118

^$ 16

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Recently Listed

118 N Milwaukee Avenue # 118

Libertyville, IL, 60048

^$ 16

Bedrooms-- Baths-- Sq 5,486

118 N Milwaukee Avenue # 118, Libertyville, IL 60048 - Image 1

118 N Milwaukee Avenue # 118, Libertyville, IL 60048 - Image 2

118 N Milwaukee Avenue # 118, Libertyville, IL 60048 - Image 3

Property for Rent in Libertyville, IL

for $16. This 5,486 square foot property was built in 1954.

Incredible opportunity for a larger retail space in downtown Libertyville. High exposure site on Milwaukee Ave with over 23k vehicles per day. Available June 1, 2027. DO NOT DISTURB EXISTING TENANT.

Rental Active

Price

^$ 16

Taxes

^$ 123,898

Style

Year Built

1954

Town/City

Libertyville

County/Region

Lake

MLS | Web ID

12800745

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1954

Electric Separate Meters

Tenant Pays Electricity All Utilities

Stories Count 1

Township Libertyville

Unit Number 118

Property Subtype Neighborhood Storefront

Tax Year 2025

Assoc Fee Paid Per Not Applicable

County Lake

Property Type Commercial Lease Retail/Stores

Status New

Directions Heading North on Milwaukee Ave. the property is at the NE corner of Park Ave. (Rt. 176) and Milwaukee Ave. Unit 118

City Libertyville

MLS Area Green Oaks / Libertyville

Tax Annual Amount 123898

Leasable Area 5486

Lease Type Net

Standard Status Active

* Excluded Features

List By

Protect Realty Llc

Broker

tim@protectrealty.com;tim@protectrealty.com

Nearby

Trends
Schools

About Libertyville, IL

20,768 Population

0% Since 2002

^$119,753 Median Income

45.67 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2026	$16		Listed Price

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118 N Milwaukee Avenue # 118, Libertyville, IL, 60048 is a Property for Rent at $16 with 5,486 sqft. 118 N Milwaukee Avenue # 118 was built in 1954. The property's zip code is 60048 which is in Libertyville, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 11/5/2026.

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118 N Milwaukee Avenue # 118

Property for Rent in Libertyville, IL

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