545-547 N Milwaukee Ave

Libertyville, IL 60048

• 1031 Exchange Property
• Retail for Sale
• $9,638,970 CAD
• 16,621 SF

• Air Conditioning
• 24 Hour Access
• Restaurant
• Wheelchair Accessible
• Smoke Detector

Libertyville Retail for Sale - Central North

Lovinger Partners is proud to present this class A mixed use property located in the heart of downtown Libertyville, an award winning downtown district located halfway between Chicago and Milwaukee in one of the countries top MSA's. 25,000 VPD and high foot traffic make this property a desirable asset for both investors and owner occupants. Make the 2nd floor your corporate headquarters, giving your team an excellent work-play-live environment or for that savvy investor, make this a piece of your portfolio as a trophy asset and watch the appreciation skyrocket as Libertyville continues to be the county's top destination to both live and visit. This exceptional investment and owner-user opportunity is a premier mixed-use trophy asset situated in the heart of Libertyville's vibrant Downtown Core at 545-547 N Milwaukee Avenue. Downtown Libertyville properties rarely change hands especially ones as turn key and stable. This meticulously maintained two-story building perfectly blends historic architectural charm with high-end modern infrastructure. For the owner-occupant, this property offers a rare chance to elevate your brand and your team's quality of life by establishing a corporate headquarters on the second floor. The 7200 square foot modern open floor plan office suite provides a sophisticated workspace characterized by premium finishes and an abundance of natural light, fostering a true live-work-play environment where employees are steps away from award-winning dining, boutique shopping, the Metra station and residential neighborhoods. The building is unique in that it features multiple tenants across its diverse floor plan, which significantly enhances investment stability through diversified income streams. The current owner-occupant is prepared to vacate to accommodate your business or remain in place under a lease-back agreement, offering ultimate flexibility for your transition. From an investor standpoint, this is a recession-resistant asset that allows you to add a high-performing trophy property to your portfolio. The ground floor is anchored by two stable restaurant tenants signed to long-term leases, providing a reliable and diversified cash flow from day one. The building is fully ADA compliant and all parking requirements have been satisfied, which is a significant competitive advantage in a dense downtown corridor. Originally built in 1920 and significantly remodeled in 2008. Furthermore, the local economy is poised for even greater growth as Libertyville will be adding close to 300 residential units to its downtown district in the coming years. This increase in density will help bolster the already high visibility and heavy pedestrian traffic, ensuring the long-term desirability and value of this downtown core location.

Contact:

Baird & Warner

Date on Market:

2026-05-14

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99 W Merchants Dr

Oswego, IL 60543

• 1031 Exchange Property
• Land for Sale
• $551,192 CAD
• 0.96 AC Lot

Oswego Land for Sale - Western East/West Corr

Prime investment opportunity.

Contact:

Baird & Warner Real Estate

Property Subtype:

Commercial

Date on Market:

2026-05-07

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NNN, Grocery Shadow Ctr | Strong Demo's - 1023-1127 S Roselle Rd

Schaumburg, IL 60193

• 1031 Exchange Property
• Retail for Sale
• $13,462,865 CAD
• 53,782 SF

• Restaurant

Schaumburg Retail for Sale - Schaumburg Area

- Premier Business Destination: Recognized as the Largest Center of Economic Development in Illinois Outside Chicago, Boasting 12 Million S/F of Office Space and 13.5 Million S/F of Industrial Space - Direct Access to a Dense Population Base: Located Within the Chicago MSA (9.5+ Million People) and 28 Miles NW of the City's Central Loop, One of the Largest and Most Economically Powerful Regions in the United States - Strong Employment Base Led by Woodfield Mall (4,000+ Employees), Zurich North America (2,500+ Employees), Motorola Solutions (1,600+ Employees), OptumRx (1,300+ Employees), and Paylocity (1,000+ Employees) - Strong Educational Base: Direct Vicinity of Highly Rated District 54 Elementary Schools and Township High School District 211, Including Schaumburg High School and Hoffman Estates High School, Both Serving Thousands of Students, as well as Nearby Harper College (20,000+ Students) and Within a 30–40 Minute Drive of Major Universities Including DePaul University and Roosevelt University

Contact:

Cooper Commercial Investment Group

Property Subtype:

Freestanding

Date on Market:

2026-04-21

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Walgreens - 2871 Pfingsten Rd

Glenview, IL 60026

• 1031 Exchange Property
• Retail for Sale
• $9,729,917 CAD
• 15,167 SF

Glenview Retail for Sale - Near North

Lee & Associates and Bang Realty are pleased to present the opportunity to acquire a single-tenant Walgreens located at 2871 Pfingsten Road in Glenview, Illinois, within the highly desirable North Shore submarket of the Chicago MSA. The property consists of a 15,167 square foot retail building situated on approximately 1.62 acres. Originally constructed in 1990 and fully renovated in 2014, the asset features Walgreens’ modern prototype design, including a drive-thru pharmacy, and benefits from its positioning within the Glenbrook Marketplace. Strategically positioned along Pfingsten Road with combined traffic counts exceeding 51,000 vehicles per day, the property benefits from strong visibility and access within a dominant retail corridor. The site is anchored within Glenbrook Marketplace and shadow-anchored by Plaza Del Prado, a high-performing grocery-anchored center generating over 1.7 million annual visits. The surrounding North Shore area features affluent demographics, with average household incomes exceeding $200,000 within a 3-mile radius, and serves a dense and established suburban population just 20 miles north of downtown Chicago.

Contact:

Lee & Associates

Property Subtype:

Drug Store

Date on Market:

2026-03-24

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Lake Villa Turn Key Restaurant - 10 W Grand Ave

Lake Villa, IL 60046

• 1031 Exchange Property
• Retail for Sale
• $1,515,778 CAD
• 4,995 SF

• Air Conditioning
• Restaurant

Lake Villa Retail for Sale - Central Northwest

Lovinger Partners - Baird and Warner is proud to present a rare turn-key restaurant and bar opportunity at 10 W Grand Avenue in the heart of Lake Villa. This beautifully built-out establishment is perfectly positioned to capture a market characterized by high household incomes and a significant demand for new dining options. The interior features a large rectangular bar designed for high-volume service, fully decked out with multiple televisions and a professional commercial equipment package ready for immediate profit. The layout provides seating for 100 guests in the main dining area plus a private dining room that accommodates up to 12 for intimate events or corporate meetings. Behind the scenes, the property boasts a large and exceptionally clean kitchen designed for speed and high table turnover. The beverage program is supported by walk-in coolers and a professional glycol tap system to ensure perfect pours every time. A central AV control system manages all music and television displays throughout the building. This is an ideal setup for a savvy proprietor looking to skip the build-out phase and move directly into operations in an underserved area.

Contact:

Baird & Warner

Property Subtype:

Restaurant

Date on Market:

2026-03-19

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1748 N Harlem Ave

Elmwood Park, IL 60707

• 1031 Exchange Property
• Retail for Sale
• $2,854,371 CAD
• 7,420 SF

Elmwood Park Retail for Sale - Oak Park Area

- 30+ Year Operating History as Pet Supplies Plus w/ 8.5+ Years of Term Remaining - Corporate Guarantee (PSP Stores, LLC) - 750+ Stores and $2,000,000,000 in Annual Revenue -(2) Base Term Increases: Rent to increase to $136,715 in 10/2027 and to $150,385 in 10/2031 - High Barriers to Entry Market- Elmwood Park has an Extremely Limited Supply of Retail Assets Available for Sale or Lease

Contact:

Summit Net Lease

Property Subtype:

Freestanding

Date on Market:

2026-03-09

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413 W Rollins Rd

Round Lake Beach, IL 60073

• 1031 Exchange Property
• Retail for Sale
• $1,040,375 CAD
• 6,440 SF

Round Lake Beach Retail for Sale - Central Northwest

Attention Investors: Rent-A-Center is a national company with over 2,000 locations. The Round Lake Beach Rent-A-Center is one of the top performers in the region. This investment property has great exposure on the Rollins Road retail corridor with over 24,000 vehicle traffic count. This 6,440 square foot frame and metal building is directly across the street from Autozone, KFC and just west of Walgreens. Potential for long term income stream from profitable Rent-A-Center tenant. Tenant pays CAM, property taxes, and insurance. Lake County Division of Transportation improving Rollins Road corridor from Fairfield to Meijer Supermarket with wide pedestrian/bike sidewalks in 2027. Longtime landlord looking to retire. Contact listing broker for financials and showings. Do not disturb tenant or customers. 1031 Exchange Investment Opportunity!!

Contact:

Robert E. Frank Real Estate

Property Subtype:

Freestanding

Date on Market:

2026-02-24

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Commercial Building - 451 Duane St

Glen Ellyn, IL 60137

• 1031 Exchange Property
• Retail for Sale
• $2,878,600 CAD
• 7,200 SF

Glen Ellyn Retail for Sale - Western East/West Corr

Zoned CB5 Downtown Glen Ellyn ~ New Proposed Construction of a 3 Story Commercial Building ideal for Office/Medical/ Education/Restaurant/Salon or can built to suit your business needs~Lot size is 48X128 with Prime Visibility~Proposed Building size is 7200 Sq Ft , Approximately 2,000 Sq Ft per floor~Possibility for rear overhead door to accmodate storage and shipping needs on the main level~Exterior will be Masonary and Stucco Prairie Style Construction~Impressive space for your Business with the ability to rent space for additional income or to provide customers with an all in one stop ~ Walkability to all of Downtown Glen Ellyn~Metra Station is just a block away~Public parking lot across the street from the building to utilize additional parking~Plan is in for approval with Village~Breaking Ground in 2026

Contact:

Realty Group Marino, Inc

Date on Market:

2026-01-21

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