287 Peterson Road
Libertyville, IL, 60048 $ 425,000
Bedrooms-- Baths-- Sq 35,155 for $425,000. This 35,155 square foot property was built in 1987 on a lot size of 2.25354.
Prime Corner Medical / Commercial Property with Exceptional Visibility Completely updated and move-in ready, this property is ideally suited for a medical office, urgent care, or immediate care center. Located on the high-traffic Peterson/Buckley Rd (Route 137) corridor with an average daily traffic count of ~32,000 vehicles, it offers unmatched visibility and accessibility. Just 0.65 miles from I-94 (Tri-State Tollway), this site provides both convenience and maximum exposure. Property Highlights: Turnkey Medical Space - Recently renovated with brand-new finishes throughout. Medical Equipment Available - Existing medical equipment and furnishings available for sale, creating a rare plug-and-play opportunity. Corner Lot Advantage - Multiple frontages and slightly projected lot, ensuring standout visibility from all directions. High Traffic Exposure - ~32,000 vehicles daily. Parking - Ample on-site parking to accommodate patients and staff. Flexible Zoning - Suitable for medical office, urgent care, professional office, or retail. Summary: This Property offers a rare opportunity to establish your practice in a fully updated, highly visible medical-ready facility in the heart of Libertyville's commercial corridor. With heavy traffic exposure, prime corner positioning, and medical equipment available, this property is perfectly positioned for a medical group, urgent care operator, or any professional office seeking maximum visibility and convenience. High-Traffic, Established Commercial Center Peterson Commons is a thriving commercial building strategically located along Libertyville's busy Peterson/Buckley Rd (Route 137) corridor. The property is home to a diverse mix of established businesses, creating consistent daily activity and a steady flow of customer traffic. Its prime location along a major roadway with an average of ~32,000 vehicles per day ensures excellent visibility and accessibility for tenants and visitors alike. The strong tenant mix, high occupancy, and heavy foot traffic make Peterson Commons an attractive destination for businesses seeking to establish themselves in a proven and vibrant commercial environment.
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FeaturesGeneralCooling Central Air
Zoning COMMR
Year Built 1987
Electric Service - 0 to 100 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance
Stories Count 1
Township Libertyville
Tax Year 2024
Current Use Medical/Dental
Business Type Retail
County Lake
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Buckley/Milwaukee West on Peterson. Property is on North side in Complex at the end on West side.
City Libertyville
Number Of Units Total 1
MLS Area Green Oaks / Libertyville
Lot Size Square Feet 98164
Tax Annual Amount 7166.04
Additional Parcels Y/N Y
Leasable Area 2250
Lease Type Modified Gross
Standard Status Active
Total Actual Rent 5071.8
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ExteriorBuilding Area Total 35155
Lot Dimensions 330x278
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* Excluded FeaturesList Bymhafeezh@gmail.com; hafeez.haroon@sawarealtyinc.comEmail
NearbyAbout Libertyville, IL 20,768 Population
0% Since 2002
$ 119,753 Median Income
45.67 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/24/2025 | $425,000 | | Listed Price |