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Libertyville Plaza 1163-1179 Park Ave 750 - 7,255 SF of Retail Space Available in Libertyville, IL 60048
Highlights
- Excellent exposure on Park Ave. (Rte. 176)
- Ample parking
- Established retail and commuter corridor
- Strong local demographics
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1163 | 1,980 SF | 3-10 Years | $17.85 CAD/SF/YR $1.49 CAD/SF/MO $35,343 CAD/YR $2,945 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1165 | 750 SF | 3-10 Years | $21.97 CAD/SF/YR $1.83 CAD/SF/MO $16,477 CAD/YR $1,373 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1173 | 2,615 SF | 3-10 Years | $17.85 CAD/SF/YR $1.49 CAD/SF/MO $46,678 CAD/YR $3,890 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1179 | 1,910 SF | 3-10 Years | $27.46 CAD/SF/YR $2.29 CAD/SF/MO $52,452 CAD/YR $4,371 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1163
Former martial arts studio.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
1st Floor, Ste 1165
Former nail salon.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
1st Floor, Ste 1173
Former laundromat.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
1st Floor, Ste 1179
Former Dunkin’ Donuts space with strong visibility and easy ingress/egress. The unit includes existing food-service improvements such as a walk-in cooler/freezer, three-compartment sink, grease trap, and sit-down seating. Direct frontage on roadway offering excellent exposure for a quick service restaurant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Libertyville Plaza
- Tenant
- Description
- US Locations
- Reach
- Dunkin'
- Donut Shop
- 11,779
- International
- M V Upholstery
- Services
- 1
- -
- Top Driver Driving School
- Daycare
- 1
- -
| Tenant | Description | US Locations | Reach |
| Dunkin' | Donut Shop | 11,779 | International |
| M V Upholstery | Services | 1 | - |
| Top Driver Driving School | Daycare | 1 | - |
Property Facts
| Total Space Available | 7,255 SF | Year Built | 1970 |
| Property Type | Retail | Parking Ratio | 3.89/1,000 SF |
| Gross Leasable Area | 9,521 SF |
| Total Space Available | 7,255 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,521 SF |
| Year Built | 1970 |
| Parking Ratio | 3.89/1,000 SF |
About the Property
Libertyville Plaza is a multi-tenant neighborhood retail center located along Park Avenue (Route 176), just east of the intersection of Park Avenue and Butterfield Road in Libertyville, Illinois. The property offers strong visibility, favorable traffic counts, and flexible unit sizes, making it well-suited for retail and service stores. The building consists of approximately 9,521 square feet with unit sizes ranging from ±750 SF to ±2,615 SF. Four of six units are currently available, providing multiple entry points for tenants seeking a visible, established Lake County location. Libertyville Plaza is zoned C-3 (General Commercial) within the Village of Libertyville, permitting a broad range of retail, service, and commercial uses.
Nearby Major Retailers
Presented by
Libertyville Plaza | 1163-1179 Park Ave
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