197 Peterson Road #191-199
Libertyville, IL, 60048
$1,599,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12519072 image #0
Discover an exceptional opportunity to secure a versatile commercial property located in a thriving business corridor. This well-maintained site offers excellent visibility, high traffic counts, and a strategic location surrounded by established retail, dining, and service destinations. Ideal for investors, owner-operators, or businesses seeking expansion, this property delivers the flexibility and functionality needed to support a wide range of commercial uses. Sutton Plaza features 5 individual units suitable for retail, service or office. Property consists of 38 dedicated parking spots, providing ample capacity for customers, staff, and deliveries, 11 drive-in bays, perfect for automotive services, logistics, warehousing, or other vehicle-accessible operations and is located close to the expressway, offering easy regional access and strong commuter traffic. With its combination of flexible unit layouts, generous parking, and drive-in capability, this property is designed to accommodate a range of tenants or a multi-use owner-occupant strategy. The strong neighboring commercial presence enhances both daily traffic and long-term investment value. Whether you’re expanding your portfolio or establishing a new flagship location, this property offers the adaptability and market positioning to support continued growth and become a strong business in the area.

Property Details

Price:
$1,599,000
MLS #:
MRD12519072
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
greenoakslibertyville
Listed Date:
Nov 17, 2025
Total Sq Ft:
13,398
Year Built:
1999
Green Oaks / LibertyvilleGreenoakslibertyville

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Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Construction Materials
Brick
Stories
1

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$67,793
Tax Year
2024
Taxes
$23,490

Map

Community

Market Summary

Current real estate data for Commercial in Libertyville as of May 15, 2026
15
Commercial Listed
134
Avg DOM
$1,360,590
Avg List Price

Property Summary

    197 Peterson Road #191-199 Libertyville IL is a Commercial for sale in Libertyville, IL, 60048. It is listed for $1,599,000

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197 Peterson Road #191-199
Libertyville, IL