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$2,200,000
1 Day On Site

426 S Milwaukee Avenue
Libertyville, IL 60048

For Sale|Retail|Active
0
Beds
0
Total Baths
8,500
SqFt
$259
/SqFt
1955
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of HomeSmart Connect LLC
Call Now: 847.967.0022
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847.967.0022
426 S Milwaukee Avenue426 S Milwaukee Avenue426 S Milwaukee Avenue426 S Milwaukee Avenue
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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.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
8,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1955
MLS® Number 
12391658
Status 
Active
Property Tax 
$36,628
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Additional Property Use 
CommercialAutomotive
Number Of Stories 
2
Property Sub Type 
Retail
SqFt Total 
8500
Zoning 
COMMR
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Community Features
MLS Area 
Green Oaks / Libertyville
Township 
Libertyville
Listing Courtesy of MRED as distributed by MLS Grid of HomeSmart Connect LLC



Based on information submitted to the MLS GRID as of 2025-06-18 03:48 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-18 03:48 AM UTC
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Neighborhood & Commute
Source: Walkscore
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