Active

197 Peterson Road

Libertyville, IL 60048
$1,599,000
0beds
0baths
sqft
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1999
Lot size
Annual tax$23,490.24
CountyLake
MLS #MRD12519072
Days on market124

Features

Cooling
Central AirWindow Unit(s)
Construction
Brick
Listed by
Helen Oliveri Real Estate
Helen Oliveri

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/20/2026, 8:53:01 PM. All data should be independently verified.

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