1195 S Milwaukee Ave - Restaurant FOR SALE
Libertyville, IL 60048 |
1195 S Milwaukee Ave
Libertyville, IL 60048
HIGHLIGHTS
- 1195 S Milwaukee Avenue is a 5,321 SF retail outparcel in Libertyville, IL with no restrictions on uses.
- This retail asset is in a prime location along the heavily traveled Milwaukee Avenue that sees over 26,000 vehicles daily.
- This vacant restaurant has immense value-add potential through a new business operating in the space, or through leasing of the area at market rates.
- Prime out-lot to the Greentree Plaza, a 109,000 SF retail center that is anchored by the popular X-Sport Fitness Center.
- Ideal opportunity to acquire a large 1.34 acre out-lot with a lighted intersection allowing seamless access to the property.
- Fantastic access to a dense, affluent population that continuously spends big on retail, including nearly a $2 billion net spend on food and alcohol.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Value-Add Libertyville Retail Outparcel
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
5321
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
74
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
11-28-201-043
