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1124 N Milwaukee Avenue

Libertyville, IL 60048
  • $675,000
  • STATUS: Active Under Contract
  • ON SITE: 355 Days
  • MLS #: 11362130
Under Contract
UPDATED: 35 min ago
$675,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

Commercial Property and Building for Sale in Bustling Libertyville. Located in a Superior Location on Densely Travelled Milwaukee Avenue Near the Intersection of Winchester, 1 Block North of Downtown Libertyville and 1/2 Block North of the Train. This is a Rare Commercial Investment Opportunity for Investment or End User. The Previous Owner had a Successful Fast-Food Restaurant at this Location for Over 30 Years. The Current Owner Had New Architectural/Engineering Plans Drawn Up and they were Village Approved. The Current Owner Began Some Interior Demolition and Now has Decided to Retire. This Space has a Robust Infrastructure that Easily be Re-Constructed to Include Many Types of Fast Food, Catering, Casual Dining, Carry Out, Drive Thru, Outdoor Seating, and Pick-Up and Delivery. Suited for Many other Retail Possibilities Also. The Sale of this Property is in AS-IS Condition and will be Offered AS-IS. Please Call and Schedule an Accompanied Showing. PROPERTY HIGHLIGHTS *+/- 1750 Square Feet Restaurant with Seating for Approximate 50 *+/- 1/3 Acres with 55 Parking Spaces and Room for Expansion *Existing Drive-Thru Window *2 Designated Restrooms *Full Kitchen Area *Newly Black Topped Parking Lot with Parking Spot Lines *Brand Roof Complete Tear Off 2022 *All Brick Building *Located 1/2 Block from the Libertyville Train *Milwaukee Avenue is High Volume Traffic *Floor Plan Attached Shows Interior Pre-Demolition.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-22T07:13:25.69 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1124 N Milwaukee Avenue Libertyville, IL 60048

  • Price: $675,000
  • Status: Active Under Contract
  • On Site: 355 Days
  • Updated: 35 min ago
  • MLS #: 11362130
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Green Oaks / Libertyville
County:
Lake
Area:
Green Oaks / Libertyville
Property Description
Commercial Property and Building for Sale in Bustling Libertyville. Located in a Superior Location on Densely Travelled Milwaukee Avenue Near the Intersection of Winchester, 1 Block North of Downtown Libertyville and 1/2 Block North of the Train. This is a Rare Commercial Investment Opportunity for Investment or End User. The Previous Owner had a Successful Fast-Food Restaurant at this Location for Over 30 Years. The Current Owner Had New Architectural/Engineering Plans Drawn Up and they were Village Approved. The Current Owner Began Some Interior Demolition and Now has Decided to Retire. This Space has a Robust Infrastructure that Easily be Re-Constructed to Include Many Types of Fast Food, Catering, Casual Dining, Carry Out, Drive Thru, Outdoor Seating, and Pick-Up and Delivery. Suited for Many other Retail Possibilities Also. The Sale of this Property is in AS-IS Condition and will be Offered AS-IS. Please Call and Schedule an Accompanied Showing. PROPERTY HIGHLIGHTS *+/- 1750 Square Feet Restaurant with Seating for Approximate 50 *+/- 1/3 Acres with 55 Parking Spaces and Room for Expansion *Existing Drive-Thru Window *2 Designated Restrooms *Full Kitchen Area *Newly Black Topped Parking Lot with Parking Spot Lines *Brand Roof Complete Tear Off 2022 *All Brick Building *Located 1/2 Block from the Libertyville Train *Milwaukee Avenue is High Volume Traffic *Floor Plan Attached Shows Interior Pre-Demolition.
Exterior Features

Frontage Type City StreetCounty RoadState Road Parking Total 50

Interior Features

Cooling None Heat Ventilation Central Heat/Indiv Controls Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 1725 Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Other Fire Protection Fire Extinguisher/S Leasable Area 0 Location Mixed Use Area Mls Actual Status Contingent Net Operating Income 0 Property Offered For Sale Only Rental Price 0 Tax Annual Amount 12477 Tax Year 2020 Tenant Pays Other Township Libertyville Type Retail/Stores Utilities Electric To SiteGas To SiteWater To Site Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 847-724-1855.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-22T07:13:25.69 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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