545-547 N Milwaukee Ave

Libertyville, IL 60048

• 1031 Exchange Property
• Retail for Sale
• $9,765,859 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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Chipotle - 1940 N State St

Belvidere, IL 61008

• 1031 Exchange Property
• Retail for Sale
• $4,609,988 CAD
• 2,350 SF

Belvidere Retail for Sale - Boone County

Broker of Record Matthew M. Fitzgerald License # 478027547, 471021676 (IL) Matthews Real Estate Investment Services, LLC 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

Contact:

Matthews Real Estate Investment Services

Property Subtype:

Fast Food

Date on Market:

2026-04-10

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Lake Villa Turn Key Restaurant - 10 W Grand Ave

Lake Villa, IL 60046

• 1031 Exchange Property
• Retail for Sale
• $1,535,732 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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99 Quentin Rd

Lake Zurich, IL 60047

• 1031 Exchange Property
• Land for Sale
• $10,609,116 CAD
• 17.25 AC Lot

Lake Zurich Land for Sale - Central Northwest

Make millions with this prime commercial, mixed-use, or residential development opportunity in Lake Zurich. This is a previously approved opportunity to develop a vibrant mixed-use project in one of the most sought-after locations in Lake Zurich! Strategically positioned at the high-traffic intersection of Route 22 and Quentin Road, this prime corner property has been approved for a dynamic blend of commercial and residential spaces, including: o Gas station for daily convenience o Three retail spaces for high-visibility businesses o Drive-through coffee shop to capture commuter traffic o 56 luxury townhomes offering an exceptional living experience Thriving Location with Built-in Demand. Surrounded by the affluent communities of Lake Zurich, Kildeer, Hawthorn Woods, Long Grove, and Barrington, this site is expected to bring strong market demand. It sits directly across from Mariano’s grocery store, ensuring steady traffic, and benefits from high visibility along both Route 22 and Quentin Road. Residents and businesses alike will enjoy proximity to top-tier schools, including the prestigious Stevenson High School, a state-of-the-art public library, and an abundance of high-quality shopping, dining, and entertainment options. Plus, with Lake Zurich’s scenic beach just moments away, this location offers an unbeatable combination of convenience, luxury, and lifestyle. Flexible Development Potential While approved for the proposed mixed-use plan, this versatile property also presents opportunities for fully commercial or residential developments, for example: o Tech innovation hub – Ideal for an AI research & development center with a data facility o Multi-unit residential community – Cater to the demand for high-end luxurious housing in this prime suburb o Customized commercial or mixed-use project – Adapt to market trends and maximize returns Shovel-Ready & Approved – Start Building Now! All soil tests and environmental reviews are complete, and the Village of Lake Zurich has enthusiastically approved the site for development. This is a rare chance to move quickly on an exceptional investment opportunity in a high-growth market. Don’t miss out—bring your vision to life in the great Village of Lake Zurich!

Contact:

AMD Real Estate Group, Inc.

Property Subtype:

Commercial

Date on Market:

2024-08-21

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Brand New 20 Yr. Ground Lease- Large Parcel - Thornton's

Kildeer, IL 60074

• 1031 Exchange Property
• Retail for Sale
• $10,854,833 CAD
• 5,900 SF

• Air Conditioning
• Wheelchair Accessible

Kildeer Retail for Sale - Central Northwest

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors, an opportunity to acquire a new construction absolute NNN ground lease with Thorntons in the Chicago MSA. Positioned directly on Rand Road (US Route 12), which sees over 49,700+ VPD, this site comprises a 5,900+ SF convenience store with drive-thru and 15 fuel pumps on a 5.18-acre parcel. With a 20-year primary term, six 5-year options, and 10% rent increases every 5 years, this is an ideal investment for a coupon clipper or an investor desiring zero landlord responsibilities with steady rent increases. The subject property is less than a mile from a major retail corridor (over 1.1 million SF) which includes the Deer Park Town Center, The Shops at Kildeer, Kildeer Village Square, The Quentin Collection, and Town Center Promenade. Major retailers include Best Buy, Dick’s Sporting Goods, William Sonoma, Pottery Barn, Century 16 Theater, Michaels, Nike Factory Store, Nordstrom Rack, Whole Foods, Chick-fil-A, Chipotle, Starbucks, and much more. Positioned within the Chicago MSA (population: 8.9 million) this is an excellent opportunity to purchase a well-located retail ground lease with 20 years of inflation resistant cash flows and 30 years in options.

Contact:

Colliers

Property Subtype:

Service Station

Date on Market:

2023-02-08

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215 N Waukegan Rd

Lake Bluff, IL 60044

• 1031 Exchange Property
• Retail for Sale
• $1,389,139 CAD
• 4,200 SF

• 24 Hour Access

Lake Bluff Retail for Sale - Central North

BUILDING NOW UNDER NEW OWNERSHIP AND MANAGEMENT! COMPLETE REHAB OF BUILDING HAS BEEN COMPLETED INCLUDING NEW PARKING LOT, SIDEWALK, LANDSCAPING, SIGNAGE AND EXTERIOR UPDATES. First floor store front Unit 1-N is 1,125 sq ft has a brand new ADA restroom & HVAC in space. Currently occupied by Rodo's Upholstery. Space 1-S is occupied by Posh Paws of Lake Bluff. Both 1dt floor spaces have longer term leases. Space also includes a full 1,125 sq ft basement which can be used for storage or extra private work area. General commercial zoning includes retail space, office, convenience store, beauty & nail salon, medical office space; the possibilities are endless! Additional parking on side and rear of building. Second floor has two separate 2-Bedroom, 1-bath apartments that were fully rehabbed in 2022, including new kitchens, baths, flooring and new HVAC systems. Both second floor apartments are occupied. Please do not disturb tenants. Total monthly income is $7,500. This Property is Broker Owned & Managed.

Contact:

Coldwell Banker Realty

Property Subtype:

Convenience

Date on Market:

2023-01-31

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Parcel 3 - Pcl3 Lynch Way Outlot 1

Burlington, WI 53105

• 1031 Exchange Property
• Land for Sale
• $977,144 CAD
• 1.30 AC Lot

Burlington Land for Sale - Racine West

1.3 Level Lot; Road Frontage on HWY 36; Lighted intersection, underground Electric; Natural Gas; Cable; Utilities to site; Site Planned; Site Plan Recorded ** Seller has agreed to split the parcel into (2) .65 AC Parcel. List price for said parcels are $375,000 and $325,000.**

Contact:

Great Lakes Real Estate Group

Property Subtype:

Commercial

Date on Market:

2022-01-18

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Park Avenue Corporate Center - 780 E Park Ave

Libertyville, IL 60048

• 1031 Exchange Property
• Land for Sale
• $795,788 CAD
• 0.64 AC Lot

Libertyville Land for Sale - Central North

780 E. Park Ave. is a Pad ready retail development site that can be sold or ground leased. The property is 1.5 miles from I-94. The outlot is adjacent to Auto Expo and Greentree Animal hospital and Life Storage Center. Sale or build to suit for lease. Retail, automotive, or restaurant with drive through potential.

Contact:

Protect Realty

Property Subtype:

Commercial

Date on Market:

2020-04-10

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