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$3,590,000
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Property Description
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
Full Property Details for 601 Broadway St
General
- Sold For: $3,590,000
- Taxes: $53,661 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12463726
- Added to Site: 263 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
- Operating Expenses: $90,611
- 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 and Sold by Kinzie Brokerage LLC
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Schools
Schools serving 601 Broadway St
| Name | Grades | Distance |
|---|---|---|
Butterfield School 1441 Lake Street, Libertyville, IL 60048 | K-5 | 1.9 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 | 1 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 601 Broadway St
Date
Details
Price
Change
Source
4/29/2026
Sold
$3,590,000
-8.54%
MLS
2/27/2026
Price Reduced
$3,925,000
-2.48%
MLS
9/05/2025
Listed
$4,025,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
601 Broadway Street, Libertyville, IL 60048 (MLS# 12463726) is a Commercial property that was sold at $3,590,000 on April 29, 2026. 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.

