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602 N Milwaukee Ave
Libertyville, IL 60048
602-610 N Milwaukee Ave Mixed-Use · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
15,500 sq ft
Costar Property Class
B
Year Built
1925
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.85
Total Plot Size
0.42 ac
Use Class
C-1
Parking
18 Spaces (1.16 Spaces per 1,000 sq ft Leased)

ABOUT 602 N MILWAUKEE AVE , LIBERTYVILLE, IL 60048

Essex Realty Group, Inc. has been exclusively engaged to market for sale 602-610 North Milwaukee Avenue, a 9 unit mixed-use apartment building in the affluent Lake County suburb of Libertyville. The Property is 100% occupied and is comprised of three (3) retail, three (3) office, and three (3) 1Bd/1Ba units. The two largest retail tenants are on NNN leases and pay their proportionate share of real estate taxes, insurance, and common area maintenance. The one bedroom units have received a variety of updates such as newer appliances and bathroom fixtures. In addition, the Property has had a total of $144,150 worth of capital improvements completed in the last four years and is impeccably maintained by the current ownership.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-16-300-069
  • 11-16-300-148
Land Assessment
£145,347
Improvements Assessment
£352,052
Total Assessment
£497,400
  • Listing ID: 15545794

  • Date on Market: 26/03/2019

  • Last Updated:

  • Address: 602 N Milwaukee Ave, Libertyville, IL 60048

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