Investment Overview

This retail strip in Libertyville, Illinois is 100 percent occupied by long-operating tenants, with several businesses in place since 2006 and 2011. All tenants have annual rental increases and there is additional value-add potential by converting existing gross leases into net leases. The property offers excellent visibility and accessibility along Peterson Road (28,800 VPD), near the signalized intersection with N Milwaukee Avenue (24,100 VPD), and just minutes from Interstate-94 (135,200 VPD). The site benefits from strong regional connectivity, located 1.6 miles from the Libertyville Metra Train Station, which saw nearly 3.4 million riders in 2024. Surrounding demand drivers include national retailers, abundant local businesses, two nearby schools, and a major auto dealership corridor. The area boasts an affluent customer base, with average household income of $197,370 within one mile and more than 34,000 residents and 46,000 workers within three miles.