1745-1793 Northwind Blvd., Libertyville, Illinois 60048

1745-1793 Northwind Blvd. Libertyville, IL 60048

1745-1793 Northwind Blvd., Libertyville, IL, 60048
1745-1793 Northwind Blvd., Libertyville, IL, 60048
FOR SALE FOR LEASE
Property Type:
Free Standing Building
Last Verified:
Apr 21, 2021

Highlights


Description

FOR SALE or LEASE this 20,000 SF retail strip center on 2.6 acres with 118 parking spaces is ideal for owner/user or investor. Located across from the Libertyville Sports Complex. Up to 12,634 sq.ft. contiguous space available in various layouts including an end cap with an open floor plan and 16' ceilings. The current gross income for the property is approx. $155,000 annually. Excellent tenant visibility and signage on Peterson Road. The demographic profile boasts approximately 22,000 residents with an average household income of over $135,000. Median single-family home values exceed $450,000 making this an affluent area with high levels of discretionary income. In addition, there are over 18,000 employees within a 3-mile radius of the property. Existing monument sign near the southwest entrance at Shell Drive and Northwind Boulevard.

FOR SALE or LEASE this 20,000 SF retail strip center on 2.6 acres with 118 parking spaces is ideal for owner/user or investor. Located across from the Libertyville Sports Complex. Up to 12,600 sq.ft. contiguous space available in various layouts including an end cap with an open floor plan and 16' ceilings. The current gross income for the property is approx. $155,000 annually. Excellent tenant visibility and signage on Peterson Road. Demographic profile boasts approximately 22,000 residents with an average household income of over $135,000. Median single-family home values exceed $450,000 making this an affluent area with high levels of discretionary income. In addition, there are over 18,000 employees within a 3-mile radius of the property. Existing monument sign near the southwest entrance at Shell Drive and Northwind Boulevard.

Libertyville is a village in Lake County, Illinois, United States, and a suburb of Chicago. It is located 5 miles (8 km) west of Lake Michigan on the Des Plaines River. The 2010 census population was 20,315. Located in northeastern Illinois, southwest of Waukegan and west of Lake Forest, its immediate neighbors are Mundelein to the west, Green Oaks, Mettawa, and Rondout to the east, Gurnee to the north, Grayslake to the northwest, and Vernon Hills to the south.

Building Size: 20203sq ft
Lot Size: 2.6 acres

Units for Lease

1745-1793 Northwind Blvd.
Space Available: 12634 SF
Lease Type: NNN

Map of 1745-1793 Northwind Blvd., Libertyville, IL, 60048

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.