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CARQUEST 211 S Milwaukee Ave 17,620 SF 32% Leased Retail Building Libertyville, IL 60048 $2,618,827 CAD ($148.63 CAD/SF)

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,620 SF
Building Class
B
Year Built
1960
Price
$2,618,827 CAD
Price Per SF
$148.63 CAD
Percent Leased
32%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.09 AC
Zoning
C-3
Parking
56 Spaces (3.18 Spaces per 1,000 SF Leased)
Frontage
300’ on Milwaukee Avenue

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 7,384 SF
  • Retail
  • -
  • Now

Available for lease is a 7,384 square foot retail space in Libertyville, IL. This space was formerly occupied by Advance Auto Parts and is co-tenants with a 40+ year auto repair business. There is an approximately 2,180 square foot second floor consisting of multiple offices, a waiting area and a washroom that is utilized by both tenants. The common area maintenance includes electric, gas, water, scavenger and insurance. The utilities are not separately metered. The building is situated on a 1.09 acre parcel and is strategically located just south of downtown Libertyville. Businesses in the area include Jewel, Trader Joes, Culvers, JiffyLube, multiple car dealerships and numerous neighborhood centers.

  • 1st Floor
  • 4,655 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 7,384 SF Retail - Now
1st Floor 4,655 SF Retail - Now

1st Floor

Size
7,384 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
4,655 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 7,384 SF
Space Use Retail
Position -
Available Now

Available for lease is a 7,384 square foot retail space in Libertyville, IL. This space was formerly occupied by Advance Auto Parts and is co-tenants with a 40+ year auto repair business. There is an approximately 2,180 square foot second floor consisting of multiple offices, a waiting area and a washroom that is utilized by both tenants. The common area maintenance includes electric, gas, water, scavenger and insurance. The utilities are not separately metered. The building is situated on a 1.09 acre parcel and is strategically located just south of downtown Libertyville. Businesses in the area include Jewel, Trader Joes, Culvers, JiffyLube, multiple car dealerships and numerous neighborhood centers.

Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

PNC Bank
BMO
Chase Bank
Egg Harbor Cafe

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-21-214-016
  • 11-21-214-014
  • 11-21-214-015
Land Assessment
$407,029 CAD
Improvements Assessment
$212,181 CAD
Total Assessment
$619,211 CAD
  • Listing ID: 35097891

  • Date on Market: 2025-03-11

  • Last Updated:

  • Address: 211 S Milwaukee Ave, Libertyville, IL 60048

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