www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22243892
22243907

211 S Milwaukee Ave, Libertyville, IL 60048 For Sale

SS
IL 475136992
Millennium Properties R/E
Listed by Millennium Properties R/E
$1,900,000
493 days on market
Updated 32 days ago

Former Advanced Auto on Heavily Traffificked Milwaukee

Details
Property Type Retail
Sub Type Storefront, Auto Shop (+1)
Square Footage 17,868
Tenancy Vacant
Brand/Tenant Advanced Auto Parts
Year Built 2003
Stories 1
Lot Size (SqFt) 47,511
Zoning C-3
Parking Spaces 63 spaces
Parking per 1,000 SqFt 3.53

For Sale: Former Advanced Auto on Heavily Traffificked Milwaukee

Marketing description

Available for Sale is a 17,868 Square Foot, Two-tenant Retail Build-ing in Libertyville, Il. The Property Was Formerly Anchored by Ad-vance Auto Parts With the Balance of the Property Leased to a 40+ Year Auto Repair Business. Each Unit is 7,844 Square Foot and There is Approximately 2,180 Square Foot of Storage Space That is Uti-lized by Both Tenants. The Building is Situated on a 1.09 Acre Parcel and is Strategically Located Just South of Downtown Liber-tyville. This Offering is an Excellent Opportunity for a User as is or 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 Subur-ban Living With Easy Access to the City. The Historic Downtown is a Vibrant Shopping and Dining Destination. The Community Has a Diverse Economy With a Mix of Retail, Professional Services, Health-care, and Manufacturing. Libertyville Residents Are Highly Educated, as Made Evident by a High School Graduation Rate Greater Than 95% and the Fact That Over 74% of Residents Are College Graduates.

Investment highlights

  • 17,868 Sf Single-story With Partial Sec-ond Floor Automotive and Repair Facilty
  • Month-to-month Lease With Repair Shop
  • Ample Parking With 63 Outdoor Spaces and 15 +/- Interior Spaces
  • Electric Service: 800 Amps, 120/208
  • Volt, 3-phase
  • Fully Sprinklered
  • Property Has Three Curb Cuts
  • Excellent Visibility With 300' Frontage on
  • Milwaukee Ave. (Rte 21)
  • Milwaukee Avenue is a Main Artery
  • Traffic Count: 25,795 Vehicles Daily
  • Land Area: 47,511 Sf
  • Zoning: C-3: General Commercial
  • Taxes (2024): $34,720.40

Listing Contacts

SS
IL 475136992
Millennium Properties R/E
Listed by Millennium Properties R/E

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591