Properties

Features
: Central Individual
Address Map
US
IL
Lake
Libertyville
60048
Milwaukee
545-47
Avenue
W88° 3' 36.2''
N42° 21' 2.6''
Route 21 and Route 137 south to downtown Libertyville to address.
Green Oaks / Libertyville
N
COMMR
Additional Information
16621
: Brick , Concrete , Glass
: Commercial
Service - 201 to 600 Amps
: Concrete Perimeter , Block
60x160x50x170
3
2
https://my.matterport.com/show/?m=38mWKXHRbya&brand=0&mls=1&
Baird & Warner
Benjamin Lovinger
Financial
70025.74
Listing Information
Quinn Pluciennik
273689
2050
Baird & Warner
257659
2050
New
2026-05-14T12:31:03Z
MRED
2026-05-13T18:14:07Z
Property Description

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 6000 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, the property features high-end interior build-outs including slate tiling and hickory flooring. 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. For showings or financial information

Commercial Sale For Sale

545-47 N Milwaukee Avenue, Libertyville, Illinois 60048

$6,995,000
Listing ID#12643761
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12643761
Price : $6,995,000
Year Built : 1920
Listing Status : Active
Property Sub Type : Mixed Use
Roof : Membrane
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