426 South Milwaukee Avenue, Libertyville, IL

$2,200,000

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About 426 South Milwaukee Avenue

Great investment opportunity. 2 C3 zoned retail commercial properties located on approximating 36,000 sq ft on prime corner lot in Libertyville's popular Business District with 1 entry on Rockland Rd and 3 entries on Milwaukee Ave. The main building (426 S Milwaukee) is approximately 8,000 SF with 6,000 SF on the first floor (hardware store) with large adjoining workshop with exterior full access for loading. The upper floor has approximately 2,000 SF containing 6 generous sized, very well maintained offices varying sizes from 500 SF to 700 SF (3 hardwood flooring 3 carpet). There are also 2 restrooms down the hall. 2 offices are currently being rented with month to month leases. 2nd property (450 S Milwaukee) is currently being used as an auto repair shop which tenant is leasing on a month to month. Between the 2 buildings is a nice sized parking lot (2 separate pins included). In the rear of the properties there is an alley which allows for easy in and out access. Roof on main building (Hardware Store) is approximately 11 years old. Located on the corner of a busy intersection with turn lanes and traffic lights. These properties have great exposure and are surrounded by residential homes, businesses, schools and Condell Hospital.

Features of 426 South Milwaukee Avenue

MLS® # 12391658
Price $2,200,000
Bathrooms 0.00
Acres 0.00
Year Built 1955
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 426 South Milwaukee Avenue
Area Green Oaks / Libertyville
City Libertyville
County Lake
State IL
Zip Code 60048

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Wall Sleeve
Fireplace No
Has Basement No

Additional Information

Days on Market 124
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSmart Connect LLC
Contact Info847-495-5000

Listing Map

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