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$425,000
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Property Description
Prime Corner Medical / Commercial Property with Exceptional Visibility Completely updated and move-in ready, this property is ideally suited for a medical office, urgent care, or immediate care center. Located on the high-traffic Peterson/Buckley Rd (Route 137) corridor with an average daily traffic count of ~32,000 vehicles, it offers unmatched visibility and accessibility. Just 0.65 miles from I-94 (Tri-State Tollway), this site provides both convenience and maximum exposure. Property Highlights: Turnkey Medical Space - Recently renovated with brand-new finishes throughout. Medical Equipment Available - Existing medical equipment and furnishings available for sale, creating a rare plug-and-play opportunity. Corner Lot Advantage - Multiple frontages and slightly projected lot, ensuring standout visibility from all directions. High Traffic Exposure - ~32,000 vehicles daily. Parking - Ample on-site parking to accommodate patients and staff. Flexible Zoning - Suitable for medical office, urgent care, professional office, or retail. Summary: This Property offers a rare opportunity to establish your practice in a fully updated, highly visible medical-ready facility in the heart of Libertyville's commercial corridor. With heavy traffic exposure, prime corner positioning, and medical equipment available, this property is perfectly positioned for a medical group, urgent care operator, or any professional office seeking maximum visibility and convenience. High-Traffic, Established Commercial Center Peterson Commons is a thriving commercial building strategically located along Libertyville's busy Peterson/Buckley Rd (Route 137) corridor. The property is home to a diverse mix of established businesses, creating consistent daily activity and a steady flow of customer traffic. Its prime location along a major roadway with an average of ~32,000 vehicles per day ensures excellent visibility and accessibility for tenants and visitors alike. The strong tenant mix, high occupancy, and heavy foot traffic make Peterson Commons an attractive destination for businesses seeking to establish themselves in a proven and vibrant commercial environment.
Full Property Details
Full Property Details for 287 Peterson Rd
General
- Price: $425,000
- Taxes: $7,166 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12448411
- Updated: 8/30/2025
- Added to Site: 223 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Hydrants on Site, Sprinklers (Wet), Sprinklers
Location
- Area: Green Oaks / Libertyville
- County: Lake
- Township: Libertyville
- Driving Directions: Buckley/Milwaukee West on Peterson. Property is on North side in Complex at the end on West side.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 35,155
- Current Bldg. Use: Medical/Dental
- Year Built: 1987
Lot Features
- Lot Size (Sq. Ft.): 98,164
- Lot Dimensions: 330 x 278
- Zoning: COMMR
Financial Considerations
- Lease Price: $24
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Sprinklers-Wet, Sprinklers
- Assessment Year: 1987
- Tax Amount: $7,166.04
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance
Disclosures and Reports
- Property ID: 11084031110000
Listed by Re/Max Sawa
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Schools
Schools serving 287 Peterson Rd
| Name | Grades | Distance |
|---|---|---|
Adler Park School 1740 North Milwaukee Avenue, Libertyville, IL 60048 | K-5 | 0.6 mi |
Highland Middle School, Libertyville, IL 310 West Rockland Road, Libertyville, IL 60048 | 6-8 | 1.9 mi |
Libertyville High School 708 West Park Avenue, Libertyville, IL 60048 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 287 Peterson Rd
Date
Details
Price
Change
Source
8/24/2025
Listed
$425,000
126.67%
MLS
8/11/2025
Sold
$187,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 287 Peterson Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,310
-30%
$46,446
62%
2023
$3,293
4%
$28,686
-30%
2022
$3,173
24%
$41,176
2%
2021
$2,551
-14%
$40,289
22%
2020
$2,979
—
$33,068
-16%
2019
$2,979
2%
$39,234
1%
2018
$2,907
3%
$39,027
3%
2017
$2,830
3%
$37,795
5%
2016
$2,742
1%
$35,835
7%
2015
$2,725
1%
$33,494
—
2014
$2,698
-1%
$33,494
1%
2013
$2,717
-11%
$33,045
-29%
2012
$3,038
—
$46,407
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 287 Peterson Rd
287 Peterson Road, Libertyville, IL 60048 (MLS# 12448411) is a Commercial property. 287 Peterson Road is currently listed for $425,000 and was received on August 24, 2025. Want to learn more about 287 Peterson Road? 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.

