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$3,925,000 -$100,000 (-2.48%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • Updated 4 hours ago
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Great opportunity to own a cash flowing, 7-Unit rental townhome development in the heart of Libertyville. Located within steps of Libertyville's best shopping & dining this property has it all. Unit mix includes six 3-bedroom, 2.5 bathroom townhomes & one 2-bedroom, 1.5 bathroom townhome. Interior features include a 2-car garage with extra storage, 9' ceilings on the first two levels, fully sprinklered units with quick recovery water heater and energy efficient HVAC system & side by side washer & dryer. High end finishes include 42" upper cabinets with soft close doors and drawers, 3cm quartz countertops, stainless steel appliances and vinyl plank flooring. Property includes one affordable unit which provides real estate tax credits for entire development.

Full Property Details for 601 Broadway St

General

  • Price: $3,925,000
  • Taxes: $53,661 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12463726
  • Updated: 2/27/2026
  • Added to Site: 175 day(s) ago

Additional Information

  • Security/Safety: Sprinklers (Wet)

Location

  • Area: Green Oaks / Libertyville
  • County: Lake
  • Driving Directions: IL-176 (E. Park Ave.) to N. Fourth St and North to 601-617 Broadway St. Property is located on the SE Corner of 4th & Broadway.

Heating & Cooling

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

Structural Information

  • Stories/Levels: 3
  • Year Built: 2022

Unit Information

  • Units w/Refrigerators: 7
  • Units w/Range/Oven: 7
  • # Dryers: 7

Lot Features

  • Lot Size (Acres): 0.54
  • Lot Size (Sq. Ft.): 23,418
  • Lot Dimensions: 212 x 87 x 42 x 106 x 137
  • Zoning: PUD

Financial Considerations

  • Insurance Fee: $12,000
  • Operating Expenses: $90,611
  • Other Fee: $14,750
  • Security Deposit: Sprinklers-Wet
  • Assessment Year: 2022
  • Tax Amount: $53,661
  • Tax Year: 2024
  • Tenant Pays: Electricity, Heat, Scavenger, Sewer, All Utilities

Disclosures and Reports

  • Property ID: 11164180060000

Listed by Kinzie Brokerage LLC

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Listing agent

— 601 Broadway St —

  • Kinzie Brokerage LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 601 Broadway St

School Districts:Libertyville Community High School District 128, Libertyville School District 70
NameGradesDistance
Butterfield School
1441 Lake Street, Libertyville, IL 60048
K-51.9 mi
Highland Middle School, Libertyville, IL
310 West Rockland Road, Libertyville, IL 60048
6-80.7 mi
Libertyville High School
708 West Park Avenue, Libertyville, IL 60048
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 601 Broadway St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$3,925,000
-2.48%
MLS
9/05/2025
Listed
$4,025,000
847.06%
MLS
6/02/2020
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
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 for 601 Broadway St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,342
73%
$243,428
-16%
2023
$13,505
84%
$289,835
72%
2022
$7,350
4%
$168,862
81%
2021
$7,078
3%
$93,325
2%
2020
$6,901
—
$91,756
1%
2019
$6,901
2%
$90,884
1%
2018
$6,733
3%
$90,405
3%
2017
$6,556
3%
$87,551
5%
2016
$6,353
1%
$83,010
7%
2015
$6,313
1%
$77,587
—
2014
$6,250
—
$77,587
-32%
2013
$6,226
-28%
$114,312
1%
2012
$8,687
—
$113,231
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kinzie Brokerage LLC

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601 Broadway Street, Libertyville, IL 60048 (MLS# 12463726) is a Commercial property. 601 Broadway Street is currently listed for $3,925,000 and was received on September 05, 2025. Want to learn more about 601 Broadway 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.

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