5.49 acre site, ±35000 sf building
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048 WALMART B
E
A
U
T
Y
00 V PD
Hawthorn Mall
Coming Soon Coming Soon
S Mi lwa
u ke e
Ave
26,4
Coming Soon
Gr ee ntr ee Pk wy
SITE
2, 85 0 VP D
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www.cbre.com
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048
Coming Soon
au S M il w
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VPD 2 6 ,4 0 0 Coming Soon
S Milw auk ee Ave
26,4 00 VPD
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MARKET OVERVIEW ++ The Village of Libertyville is located in south central Lake County, approximately 37 miles north of Chicago and seven miles west of Lake Michigan. ++ Libertyville is easily accessible from Interstate 94 exits at IL Rt 60 (Townline Road), IL Rt 176 (Rockland Rd) and IL Rt 137 (Buckley Road / Peterson Road). ++ Libertyville has a thriving business community of over 900 businesses with a broad mix of retail, office, service and industrial companies. Major employers include Advocate Condell, Volkswagen Credit, Brighstar, ComEd and Fabrication Technologies, among many others. ++ Area retailers include Jewel-Osco, Menards, Mariano’s, Trader Joe’s, Lowe’s, Tuesday Morning and more. ++ 2 Miles South of Libertyville’s thriving downtown with fantastic antique shops, boutiques, gift stores, gourmet food & wine shops, taverns and restaurants. ++ Located just North of Vernon Hills, an affluent northern suburb of Chicago. Vernon Hills is home to Hawthorn Mall and is considered a regional shopping destination. www.cbre.com
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048
PROPERTY OVERVIEW ++ Asking Price: $3,300,000 ++ 34,843 SF Building/5.49 Acre Site ++ Approximately 192 parking spaces ++ C-4 Zoning: the Shopping Center Commercial District is established to provide locations along major arterial streets for retail-oriented commercial development that serves citizens of the Village and the surrounding area. ++ Traffic counts: 26,400 VPD on Milwaukee Ave. ++ 414’ of frontage on Milwaukee Ave.
2016 DEMOGRAPHICS Population Average HH Income Daytime Population
1 Mile
3 Miles
5 Miles
9,164
56,737
113,752
$138,996
$119,892
$130,500
6,092
68,460
121,621
CONTACT US Peter Graham Vice President +1 312 861 7851 [email protected]
© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
www.cbre.com
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048
PROPERTY SURVEY
CONTACT US Peter Graham Vice President +1 312 861 7851 [email protected]
www.cbre.com
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048 WALMART B
E
A
U
T
Y
00 V PD
Hawthorn Mall
Coming Soon Coming Soon
S Mi lwa
u ke e
Ave
26,4
Coming Soon
Gr ee ntr ee Pk wy
SITE
2, 85 0 VP D
N
www.cbre.com
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048
Coming Soon
au S M il w
e ke e A v
VPD 2 6 ,4 0 0 Coming Soon
S Milw auk ee Ave
26,4 00 VPD
N
N
MARKET OVERVIEW ++ The Village of Libertyville is located in south central Lake County, approximately 37 miles north of Chicago and seven miles west of Lake Michigan. ++ Libertyville is easily accessible from Interstate 94 exits at IL Rt 60 (Townline Road), IL Rt 176 (Rockland Rd) and IL Rt 137 (Buckley Road / Peterson Road). ++ Libertyville has a thriving business community of over 900 businesses with a broad mix of retail, office, service and industrial companies. Major employers include Advocate Condell, Volkswagen Credit, Brighstar, ComEd and Fabrication Technologies, among many others. ++ Area retailers include Jewel-Osco, Menards, Mariano’s, Trader Joe’s, Lowe’s, Tuesday Morning and more. ++ 2 Miles South of Libertyville’s thriving downtown with fantastic antique shops, boutiques, gift stores, gourmet food & wine shops, taverns and restaurants. ++ Located just North of Vernon Hills, an affluent northern suburb of Chicago. Vernon Hills is home to Hawthorn Mall and is considered a regional shopping destination. www.cbre.com
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048
PROPERTY OVERVIEW ++ Asking Price: $3,300,000 ++ 34,843 SF Building/5.49 Acre Site ++ Approximately 192 parking spaces ++ C-4 Zoning: the Shopping Center Commercial District is established to provide locations along major arterial streets for retail-oriented commercial development that serves citizens of the Village and the surrounding area. ++ Traffic counts: 26,400 VPD on Milwaukee Ave. ++ 414’ of frontage on Milwaukee Ave.
2016 DEMOGRAPHICS Population Average HH Income Daytime Population
1 Mile
3 Miles
5 Miles
9,164
56,737
113,752
$138,996
$119,892
$130,500
6,092
68,460
121,621
CONTACT US Peter Graham Vice President +1 312 861 7851 [email protected]
© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
www.cbre.com
FOR SALE - PRIME REDEVELOPMENT OPPORTUNITY
±5.49 ACRE SITE, ±35,000 SF BUILDING 1201 S. MILWAUKEE AVE., LIBERTYVILLE, IL 60048
PROPERTY SURVEY
CONTACT US Peter Graham Vice President +1 312 861 7851 [email protected]
www.cbre.com
