Libertyville, IL 60048,426 S Milwaukee AVE
Libertyville, IL 60048,426 S Milwaukee AVE
Libertyville, IL 60048,426 S Milwaukee AVE
16
See all 16 photos
$1,995,000
Est. payment /mo
Save
8,500 SqFt
Active

426 S Milwaukee AVE Libertyville, IL 60048

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
Michael Di Giovanni

Michael Di Giovanni

+1(773) 583-2274

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $234

MLS Listing ID 12507202

Year Built 1955

Annual Tax Amount $36,628

Tax Year 2024

Lot Dimensions 132X261X127X299

Property Sub-Type Retail/Stores

Property Description

An outstanding 35,542 sq ft end cap parcel positioned at one of Libertyville's busiest intersections, offering exceptional visibility and access in a premier Lake County community. With over 24,000 vehicles passing daily and a median household income of $140,000 within one mile, this property offers both strong demographics and long-term growth potential. Zoned for commercial use with an allowable building height of 45 feet (and the potential for additional height via special use permit), the site is ideally suited for a mixed-use redevelopment, apartment project, or professional office suites. The Village of Libertyville is development-friendly and eager to collaborate on transformative projects that enhance the corridor and community. The property is currently improved with an auto repair shop, hardware store, and second-floor offices-all rented on a month-to-month basis, providing holding income during planning and entitlement. The end cap location further adds value, offering excellent design flexibility for projects that could incorporate a drive-thru component or high-traffic retail. This is a rare chance to secure a prime redevelopment site in vibrant Libertyville-just minutes from downtown, Metra access, major retail, and employment centers. Bring your vision and capitalize on this great location.

Location

State IL

County Lake

Area Green Oaks / Libertyville

Zoning COMMR

Interior

Cooling Central Air, Wall Sleeve

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Benjamin Lovinger of  Baird & Warner 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Rockland Elementary School

    Public | KG - 5

  • 9

    Copeland Manor Elementary School

    Public | KG - 5

  • 9

    Oak Grove Elementary School

    Public | PK - 8

  • 8

    Butterfield School

    Public | KG - 5

  • 8

    Adler Park School

    Public | PK - 5

  • 7

    Hawthorn Elementary School South

    Public | PK - 5

  • 7

    Hawthorn Townline Elementary School

    Public | PK - 5

  • 6

    Hawthorn Aspen Elementary School

    Public | PK - 5

  • 5

    Hawthorn Elementary School North

    Public | PK - 5

  • 5

    Hawthorn School of Dual Language

    Public | KG - 5

  • 0

    Montessori & Music Center

    Private | PK - KG

  • 0

    Fairhaven School

    Public | PK - 1

  • 0

    Alta Vista Montessori School

    Private | PK - KG

  • 0

    Mundelein Montessori School

    Private | PK - TKG

  • 0

    Libertyville Montessori School

    Private | PK - KG

  • 0

    John Powers Center

    Public | PK - 8

  • 0

    Vernon Hills Montessori Academy

    Private | PK - KG

  • 0

    St John Lutheran School

    Private | PK - 8

  • 0

    Condell Day Center

    Private | PK - KG

  • 0

    A Village Green Montessori

    Private | PK - KG

Middle Schools 3
  • 9

    Hawthorn Middle School North

    Public | 6 - 8

  • 9

    Highland Middle School

    Public | 6 - 8

  • 7

    Hawthorn Middle School South

    Public | 6 - 8

High Schools 2
  • 10

    Libertyville High School

    Public | 9 - 12

  • 0

    Carmel Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Michael Di Giovanni, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

426 S Milwaukee AVE