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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
Storefront Retail/Office
Building Size
15,500 SF
Building Class
B
Year Built
1925
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.85
Lot Size
0.42 AC
Zoning
C-1
Parking
18 Spaces (1.16 Spaces per 1,000 SF 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
  • 11-16-300-148
  • 11-16-300-069
Land Assessment
$194,369
Improvements Assessment
$470,791
Total Assessment
$665,160
  • Listing ID: 15545794

  • Date on Market: 2019-03-26

  • Last Updated:

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

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