168 Peterson Rd 0.48 Acres of Commercial Land for Lease in Libertyville, IL 60048

Position your business in one of Lake County’s most desirable retail corridors. This prime Libertyville site offers exceptional visibility along Peterson Road, just east of Milwaukee Avenue, with traffic counts exceeding 28,000 vehicles daily. Surrounded by strong retail anchors and new residential growth, including Ace Hardware and 80 recently developed Pulte townhomes, the location delivers a built-in customer base and high household incomes averaging $180,000 within a two-mile radius.
The property’s favorable C-3 zoning provides flexibility for a variety of retail concepts, and ownership is prepared to accommodate land lease or build-to-suit opportunities tailored to your operational needs. Libertyville’s reputation as one of Illinois’ best places to live, combined with its proximity to major destinations like Gurnee Mills, Six Flags Great America, and Naval Station Great Lakes, ensures a steady flow of regional traffic. Convenient access to I-94 and multiple Metra stations enhances connectivity for both customers and employees.
This is a rare chance to secure a strategic foothold in a thriving market where visibility, demographics, and accessibility converge to create an ideal environment for retail success.