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- LoopNet Team
247-284 Peterson Rd
Libertyville, IL 60048
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- +/- 3,525 sf. commercial condo divided into 3 units 2 of which are leased
- Current tenants provide over $40k in annual income easily covering RE Taxes and association dues.
- Huge windows on Peterson Road (Route 137) 30,200 vehicles per day per IDOT
- +/- 1,200 leasable sf. end-cap unit with huge windows on Peterson Rd. available for an owner/user
- Stop throwing money away on rent and experience the benefits of ownership
- Located in an established, well known strip center professionally managed by Platford Real Estate
EXECUTIVE SUMMARY
Building Description 287 Peterson Road is a +/- 3,500 sf. commercial condo unit available for sale with +/- 1,200 leasable sf. available for an owner/user. The subject condo is currently divided into 3 units, 2 of which are leased leaving unit 101 available for occupancy. Unit 101 has a nice reception area, washroom, kitchenette and huge windows/exposure to Peterson Road (Route 137). Tenants (Allstate Insurance and All Dolled Up) provide over $40k in annual income and are committed to long term leases. All three units were renovated in 2015, call to arrange a showing and see for yourself. Attention investors, when fully leased property will Gross $63K per year and cap out at +/- 9.8. Location Description Located in the well-known Peterson Commons Retail Center on the south side of Peterson Road (Route 137) west of Milwaukee Avenue and east of Butterfield Road. Libertyville is located in Lake County, IL midway between Chicago, IL and Milwaukee, WI
PROPERTY FACTS
| Property Type | No. Stories | 1 | |
| Building Class | C | Year Built | 1990 |
| Lot Size | 2.32 AC | APN / Parcel ID | |
| Gross Leasable Area | 29,731 SF | ||
| Zoning | C-3 - Commercial district | ||
| Property Type | |
| Building Class | C |
| Lot Size | 2.32 AC |
| Gross Leasable Area | 29,731 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| APN / Parcel ID | |
| Zoning | C-3 - Commercial district |
AMENITIES
- Pylon Sign
- Signage
