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$35
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Property Description
In town Libertyville location that's in the heart of the village! Enjoy all the things that the "ville " offers from local bars, shops, and restaurants in a thriving community with 2 blocks to the commuter train! Great public parking available Front and rear door access. Hardwood floors, exposed brick walls, 10 ft ceilings. It has been used as a thriving beauty shop and it is set up for that. Lots of potential here for your new business. Tenant pays all utilities for the space. Prime Retail Space for Lease! Discover an exceptional leasing opportunity in the heart of Libertyville! This 2400 sq. ft. retail space is perfectly suited for a variety of business needs, offering a fresh and modern environment in a highly desirable location. Property Highlights: Size: Approx. 2400 sq. ft. Build-Out: beauty shop, break room ,private office , kitchen , bathrooms. Condition: hardwood floors and neutrally painted throughout Versatility: Ideal for shop, professional services, or other commercial use Accessibility: Convenient ground-level entry with ample parking available Location & Visibility: High Traffic Count: Excellent exposure on Milwaukee Rd with an average daily traffic count exceeding 20,000 vehicles Proximity: Close to METRA, major retailers, dining options, and residential neighborhoods
Full Property Details
Full Property Details for 537 N Milwaukee Ave
General
- Price: $35
- Taxes: $16,851 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12588419
- Updated: 3/17/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Accessible Entrance, Accessible Washroom/s, Private Restroom(s)
- Flooring: Wood
Additional Information
- Security/Safety: Other
Location
- Area: Green Oaks / Libertyville
- County: Lake
- Township: Libertyville
- Driving Directions: Lake & Milwaukee S2 building ( public parking in the rear)
- Location Details: Central Business District, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick, Frame, Other
- Exterior Const.: Brick, Frame, Other
- Foundation: Brick/Mortar
- Roof: Membrane
- Ceiling Height: 10
- Sub-Flooring: Wood
- Stories/Levels: 1
- Year Built: 1927
Lot Features
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Lease Price: $35
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 1927
- Tax Amount: $16,851.26
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Insurance, Repairs, Scavenger, Sewer, Varies by Tenant, All Utilities, Trash Collection
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Schools
Schools serving 537 N Milwaukee Ave
| Name | Grades | Distance |
|---|---|---|
Butterfield School 1441 Lake Street, Libertyville, IL 60048 | K-5 | 1.4 mi |
Highland Middle School, Libertyville, IL 310 West Rockland Road, Libertyville, IL 60048 | 6-8 | 0.7 mi |
Libertyville High School 708 West Park Avenue, Libertyville, IL 60048 | 9-12 | 0.7 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 537 N Milwaukee Ave
Date
Details
Price
Change
Source
3/11/2026
Listed
$35
—
MLS
Disclaimer: Historical sales 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 537 N Milwaukee Ave
537 N Milwaukee Avenue, Libertyville, IL 60048 (MLS# 12588419) is a Commercial Lease property. 537 N Milwaukee Avenue is currently listed for $35 and was received on March 11, 2026. Want to learn more about 537 N Milwaukee Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Libertyville? You can browse all Libertyville real estate or contact a Coldwell Banker agent to request more information.

