42.330753 -87.953865

601-05 N Milwaukee Avenue, Libertyville, IL 60048

252893833 42.330753 -87.953865 129 /listing/252893833-150416082/601-05-n-milwaukee-avenue-libertyville-il-60048 False 0 2225000.0 101 10545329 False
  • $2,225,000
  • 42 X 169 lot
  • Est payment $11944.28/mo

Property & Neighborhood Info

Courtesy Of Lovinger Real Estate

Commercial in Libertyville

Great multi tenant investment in Libertyville. The building is located in the heart of award winning Mainstreet Libertyville. It houses 2 of Libertyville's hottest restaurants plus 3 1 bedroom apartments. The building went thru a complete rehab in 1998 including all new HVAC, Electric services, Water service including 100% sprinklered, Fire alarm system, Roof is 7 years old. Brickwork was tuck pointed last year. Apartments each have W/D, stove, refrigerator, microwave, disposal, dishwasher. 2 units are 800sf and one is 640 sf. The restaurants have invested over $750,000 into the building over the last 5 years and have long term leases. The building is Broker owned and is in perfect condition. Please contact me with any questions or to schedule a walk thru.

Courtesy Of Lovinger Real Estate
  1. 42 X 169 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1940
  • Floors: 2
  • County: Lake County
  • Taxes: $24,624.00
  • Tax Year: 2019
  • Units: 5
  • MLS Number:10545329

Additional Features

  • Cooling:
    • Central Air
    • Central Individual
    • Exhaust Fan
  • Flooring:
    • Carpet
    • Tile
    • Wood
  • Misc Interior:
    • Basement
    • Multi-Tenant
  • Approx Age:
    • 16-25 Years
  • Construction Materials:
    • Block
    • Brick
    • Wood Frame
  • Current Use:
    • Commercial
  • Number Of Units:
    • 3
  • Property Subtype:
    • Mixed Use
  • Roof:
    • Flat
    • Membrane
    • Reflective Coating
    • Wood Joists
  • Type:
    • Mixed Use
  • Foundation:
    • Concrete Perimeter
  • Dock:
    • None
  • Exterior:
    • Brick
    • EIFS (e.g. Dryvit).
  • Misc Exterior:
    • Enclosed Stairs
    • Handicapped Access
    • Patio
    • Security Lighting
    • Storms and Screens (as exist)
  • Indoor Parking:
    • Detached
    • Over 100 Spaces
  • Outdoor Parking:
    • Common Parking
    • Covered
    • Lighted
    • None On Site
    • Over 100 Spaces
    • Paved
    • Public Lot
  • Electric:
    • 101-200 Amps
    • 201-600 Amps
    • Circuit Breakers
    • Separate Meters
  • Heating System:
    • Central Heat/Indiv Controls
    • Forced Air
    • Gas
    • Operable Windows/Systems Vary-Call List Agt
  • Utilities:
    • Electric to Site
    • Gas to Site
    • Sanitary Sewer
    • Sewer-Storm Available
    • Water to Site
    • Water-Municipal
  • Fire System:
    • Alarm Monitored
    • Alarm On Site
    • Ansul System
    • Carbon Monoxide Detector(s)
    • Fire Extinguisher/s
    • Smoke or Fire Protectors
    • Sprinklers
    • Sprinklers-Wet
    • Stand Pipe
  • Possible Use:
    • Commercial
    • Multi-Family
  • Township:
    • Libertyville
  • Broker Owned:
    • Yes
  • Documents Available:
    • Existing Survey
    • Historical District
    • Leases-Copies
    • Legal-Description
    • Operating Statement
    • Rent Roll
    • Tax Bill
  • Gross Income:
    • 195007
  • Monthly Income:
    • 16250
  • Net Operating Income:
    • 164844
  • Seller Terms:
    • Cash
  • Special Information:
    • No Sign on Property
    • Show-Call Listing Office
    • Show-Call Owner
  • Status Detail:
    • Active
  • Tenant Pays:
    • Air Conditioning
    • Electricity
    • Heat
    • Janitorial Service
    • Repairs
    • Taxes
  • Board Code:
    • 10
  • Building Area Total:
    • 7560
  • Cap Rate:
    • 7.3
  • Document Count:
    • 0
  • Electric Exp:
    • 0
  • Electric Source:
    • Actual
  • Fireplaces Total:
    • 0
  • Frontage Type:
    • State Road
  • Fuel Exp:
    • 0
  • Geographic Area:
    • North Suburban
  • Gross Scheduled Income:
    • 195007
  • Insurance Exp:
    • 3103
  • Lot Size Square Feet:
    • 10890
  • Number Of Dishwashers:
    • 3
  • Number of Disposals:
    • 3
  • Number Of Dryers:
    • 3
  • Number Of Ranges:
    • 3
  • Number Of Refrigerators:
    • 3
  • Number Of Stores:
    • 2
  • Number of Tenants:
    • 5
  • Number Of Washers:
    • 3
  • Operating Expense:
    • 30163
  • Other Exp:
    • 0
  • Ownership Type:
    • Limited Partnership
  • Parcel Number:
    • 11163000740000
  • Parking Total:
    • 0
  • Possession:
    • Tenant's Rights
  • SQFT Retail:
    • 5200
  • Trash Expense:
    • 0
  • Water Sewer Expense:
    • 0
  • Lot Size Dim:
    • 42 X 169
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Fernando A Godoy
Fernando A Godoy
Real Estate Broker / REALTOR®
210 S Milwaukee Ave. Libertyville IL 60048
Request More Info
42.330753 -87.953865

601-05 N Milwaukee Avenue Libertyville, IL 60048

252893833 42.330753 -87.953865 129 /listing/252893833-150416082/601-05-n-milwaukee-avenue-libertyville-il-60048 False 0 2225000.0 101 10545329 False
  • $2,225,000
  • 42 X 169 lot
  • Est payment $11944.28/mo