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138 Lake Street, Libertyville, IL 60048


  • For Sale
  • Active
  • Commercial
  • 1,544 Sq. Ft.
138 Lake Street, Libertyville, IL 60048 View this property at 138 Lake Street, Libertyville, IL 60048
138 Lake Street Libertyville IL 60048

Property Description

ONCE IN A LIFETIME DEVELOPMENT OPPORTUNITY! Residential home that has been rezoned C1 in the Core Commercial District of bustling downtown Libertyville. Backs up to the Libertyville Train Station, and less than 2 blocks from Milwaukee Ave. Directly across from a parking garage - PREMIUM land location that can be developed into multiple different businesses in the heart of downtown. Over 20,000 people reside in this amazing community. Imagine the possibilities! Lot sq ft is 10,890. Must be purchased with 140 Lake Street which also sits on 10,890 sq ft lot. For a total of over 21,780 sq ft of primetime land that can accommodate a number of potential businesses! Please do not walk around on the property without a confirmed appointment, owners
still reside in the homes.

Full Property Details for 138 Lake Street

  • Price: $750,000
  • Taxes: $6,294 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09637126
  • Updated: 8/19/2017
  • Added: 203 day(s) ago

Property History

  • 138 Lake Street, Libertyville, IL
  • Listed at $750,000 on 5/24/17

Additional Information

  • Security/Safety: None


  • Area: Green Oaks / Libertyville
  • County: Lake
  • Township: LIBERTYVILLE
  • Driving Directions: Milwaukee Ave North, Left on Lake St, on the right, about half a block down Lake Street.
  • Location Details: North Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Stories/Levels: 2
  • Square Feet: 1,544
  • Current Bldg. Use: Legal Non-Conforming, Other
  • Year Built: 1925

Lot Features

  • Lot Size (Sq. Ft.): 10,890
  • Lot Dimensions: 32 x 35 x 32 x 331
  • Potential Use: Commercial, Retail
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $6,294.7
  • Tax Year: 2015
  • Tenant Pays: Other

Disclosures and Reports

  • APN: 11163000210000

Listed by Keller Williams North Pointe

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138 Lake Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

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138 Lake Street, Libertyville, IL 60048 (MLS# 09637126) is a Commercial property. 138 Lake Street is currently listed for $750,000 and was received on May 24, 2017. Want to learn more about 138 Lake Street? Do you have questions about finding other Commercial real estate for sale in Libertyville? You can browse all Libertyville real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams North Pointe

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