306 Peterson RdLibertyville, IL 60048

  • Commercial real estate
  • 2.37 AC
For Lease
$12/SF/YR View listing

Property Details for 306 Peterson Rd

Lot size
2.37 AC
Property type
Commercial real estate
APN
11-08-200-021
APU
1108200021

Description

This single-story, 31,968-square-foot building at 306 Peterson Rd, Libertyville, offers 9,010 square feet of immediately available office/warehouse space. Built in 1983, the property features one loading dock with one dock-high door, and ample parking for 119 vehicles. The building is situated on Peterson Road (Route 137), providing convenient access to I-294 and Route 45, benefiting from strong local demographics. The C-3 zoning allows for a variety of uses. The minimum divisible space is 9,010 square feet, with a maximum contiguous space of 9,010 square feet. The building consists of two suites in total. The Net Net Net (NNN) rent is $4.06 per square foot. This is a fantastic opportunity for businesses seeking a versatile and well-located space in a thriving area. The property offers a combination of office and warehouse space, making it ideal for a variety of businesses. The convenient location and ample parking make this property a highly desirable option.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,345,486
    Hospitality
    $19,552,350
    Educational
    $16,267,326
    Medical
    $16,826,784
    Retail
    $25,304,730

Location Insight

City
Libertyville
County
Lake
State
Illinois
Latitude
42.3067
Longitude
-87.9666
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$65,832
$399,321
$457,071
$856,392
-
$1,198,083
$1,371,350
$2,569,433

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