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536 N Milwaukee Ave
Libertyville, IL 60048

Property For Lease

Highlights

  • Historic Downtown Libertyville
  • Strong Visibility on Milwaukee Avenue
  • Centrally Located between Chicago and Milwaukee
  • Heavy Foot Traffic
  • 2 blocks from Metro station
  • Neighboring businesses include BMO Harris Bank, Chipotle, Duck Donuts, Jimmy Johns

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 18,000 SF
Year Built/Renovated 1913/2022
Parking Ratio 5.56/1,000 SF

About the Property

Space is Pending. Rare Opportunity! 1703 sq. ft. restaurant ready space in historic downtown Libertyville. A space like this does not come available too often. Centrally located halfway between Chicago and Milwaukee, this historic downtown has become a destination throughout the region. With frontage right on Milwaukee Avenue, this location sees an abundance of foot traffic and thousands of vehicle traffic everyday. Supported by the Mainstreet Libertyville organization, the town sees more than 100 days of events a year, like the Farmer’s Market, Car Fun on 21 and Oktoberfest. The building was completely renovated in 2022 adding eight luxury lofts to the upper floors. The 536 space was upgraded with two new kitchen exhaust fans and black iron ductwork, new furnace and RTU air conditioner. The grandfathered in storefront garage door gives the dining room the feeling of café style dining. A fully approved basement prep area with a large walk-in cooler is included in the rent along with newly designed shared patio off of School Street. The retiring owners do wish to sell the existing kitchen equipment and would also be open to a sale of the successful chicken restaurant business. Please contact the listing agent for all showings, do not disturb employees. Listing agent is related to the owner.

  • Listing ID: 27499110

  • Date on Market: 1/12/2023

  • Last Updated:

  • Address: 536 N Milwaukee Ave, Libertyville, IL 60048

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