0 Peterson RdLibertyville, IL 60048

For Lease
$18/SF/YR

1,000 SF Retail Space Available

Overview

Added:
Dec 11, 2024
Days on market:
92
Highly visible Libertyville, IL retail space (1,000 sq ft) in the Libertyville Plaza, located at 116-134 W Peterson Road, near Route 137 and Milwaukee Avenue. This single-story, Class B building, constructed in 1985, offers a total of 8,000 sq ft across eight suites. The available space (#130) features a brand new ceiling, new LED lighting, and fresh paint, and is immediately available for occupancy. The property boasts 30 parking spaces and is situated in a high-traffic area with an average daily traffic count of 30,000 vehicles and an average household income exceeding $164,002 within a one-mile radius. The building is zoned for general commercial use and is part of an eight-unit strip mall with an additional building, enjoying a strong tenancy history with long-term tenants. A modified gross lease is offered, with no additional CAM or tax charges. Expansion options exist, with the potential to lease an adjacent 2,000 sq ft space (#124) for a total of 3,000 contiguous sq ft. The property is located in Lake County, Illinois, zip code 60048. The minimum divisible space is 1,000 sq ft, with a maximum contiguous space of 1,000 sq ft (expandable to 2,000 sq ft). The building has 220-volt power.

Highlights

  • Modified gross lease; no CAM or property taxes charged as additional rent.
  • 1,000 sq ft unit #130 available immediately in a high-visibility Libertyville, IL location. Features new ceiling, LED lighting, and fresh paint.
  • 8-unit strip mall plus an additional building at the highly trafficked intersection of Rt. 21 and Peterson Road. 14-year history of full occupancy with long-term tenants and low maintenance.
  • High-traffic location (30,000 cars/day) with strong demographics ($164,021 average household income within 1 mile).
  • Potential to lease up to 2,000 contiguous sq ft by combining unit #130 with the adjacent 2,000 sq ft unit #124 (currently occupied by Lee Donuts, relocating to unit #120).

Property Details for 0 Peterson Rd

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
8,000 SF
Class
B
Year Built
1985
Buildings
1
Stories
1

Unit(s) available at that property

Space
130 W Peterson Road
Size
1,000 SF
Rate per SF
$18

Location Insight

City
Libertyville
County
Lake
State
Illinois
Latitude
42.306153095019
Longitude
-87.962258546878
Peterson Rd, Libertyville, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Peterson Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message