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140 Lake Street, Libertyville, IL 60048


  • For Sale
  • Active
  • Commercial
  • 1,585 Sq. Ft.
140 Lake Street, Libertyville, IL 60048 View this property at 140 Lake Street, Libertyville, IL 60048
140 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 138 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 140 Lake Street

  • Price: $750,000
  • Taxes: $6,676 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09637176
  • Updated: 8/19/2017
  • Added: 177 day(s) ago

Property History

  • 140 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.

Heating & Cooling

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

Structural Information

  • Square Feet: 1,585
  • Aprox. Leasable: 0 - 0 Sq. Ft.
  • Year Built: 1925
  • Built Before 1978: Yes
  • Remodeled/Updated: 2017

Lot Features

  • Lot Size (Sq. Ft.): 10,890
  • Lot Dimensions: 32 x 31 x 32 x 327
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $6,676.5
  • Tax Year: 2015
  • Tenant Pays: Other

Disclosures and Reports

  • APN: 11163000200000

Listed by Keller Williams North Pointe

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140 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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140 Lake Street, Libertyville, IL 60048 (MLS# 09637176) is a Commercial property. 140 Lake Street is currently listed for $750,000 and was received on May 24, 2017. Want to learn more about 140 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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