211 S Milwaukee Ave - Freestanding FOR SALE


Libertyville, IL 60048
$1,900,000 USD
312-338-3001
211 S Milwaukee Ave, Libertyville, IL for Sale
$1,900,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

211 S Milwaukee Ave
Libertyville, IL 60048


OVERVIEW

Available for sale is a 17,620 square foot, multi-tenant retail building in Libertyville, IL. The property was formerly anchored by Advance Auto Parts with the balance of the property leased to a 40+ year auto repair business. The former Advanced Auto space is 7,384 square feet and the auto body shop is 7,862 square feet. There is approximately 1,995 square foot of storage space that is utilized by both tenants, plus a 3,770 square foot two-story warehouse space that is vacant. The building is situated on a 1.09 acre parcel and is strategically located just south of downtown Libertyville. This offering is an excellent opportunity for a user as a future redevelopment opportunity. Businesses in the area include Jewel, Trader Joes, Culvers, Jiffy Lube, multiple car dealerships and numerous neighborhood centers.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CARQUEST

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

C-3

APN/PARCEL ID

11-21-214-014,11-21-214-015,11-21-214-016

ASK ABOUT THIS PROPERTY

Susan SilverMillennium Properties R/E, Inc.More Info
312-338-3001

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Susan SilverMillennium Properties R/E, Inc.More Info
312-338-3001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.