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Listing provided courtesy of Millennium Properties RE, Inc.MREDas Distributed by MLSGrid- MLS# 12392792MLS Provider

211 S Milwaukee AvenueLibertyville, IL 60048

Commercial · 7,384 Sq. ft.
$1,900,000 Active

211 S Milwaukee Avenue Overview

Time on Site:
381 days
Visits:
25

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, JiffyLube, multiple car dealerships and numerous neighborhood centers. Located in Lake County, Libertyville is approximately 37 miles north of downtown Chicago. The village enjoys the benefits of suburban living with easy access to the city. The historic downtown is a vibrant shopping and dining destination.

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211 S Milwaukee Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 7,384
  • Price/Sq.ft. $257

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Net Operating Income: 0

Building Information

  • Year Built: 2003

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Green Oaks / Libertyville
  • Township: Libertyville

Tax Information

  • Tax Annual Amount: $34,720.40
  • Tax Year: 2024

General Information

  • Parcel Number: 11212140140000
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 7384

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Leasable Area: 7384
  • Stories: 0

Unit Information

  • Unit SqFt.: 7384

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 47511
  • Lot Size Square Feet: 47511

211 S Milwaukee Avenue Neighborhood

Community

60048 (Libertyville) Demographics

44
Median Age
1,041
Population Density (per sq. mile)
75%
College Educated
$151,816
Estimated Median Income
8,680
Estimated Total Home Owners
1,735
Estimated Total Renters
83% / 17%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

211 S Milwaukee Avenue Monthly Cost

$
$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

211 S Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$927,385
Average List Price
$323
Average Price per Square Foot
32
Properties Sold
44
Average Days on Market
119
Properties for Sale
Calculations provided by Reliance Network

211 S Milwaukee Avenue History

Date Event Value Agent
5/13/2026Source: MRED Status Change
Contingent
6/18/2025Source: MRED Status Change
Active
6/18/2025Source: MRED Status Change
Active
6/13/2025Source: MRED Added to Database
June 13, 2025
6/13/2025Source: MRED Added to Database
June 13, 2025
9/7/2022Source: MRED Status Change
Closed
6/20/2022Source: MRED Added to Database
March 09, 2022
5/5/2022Source: MRED Status Change
Contingent
3/14/2022Source: MRED Status Change
Active