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137 Park Avenue

Libertyville, IL 60048
$675,000
0beds
0baths
sqft
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About this home

Location, Location, Location! 100ft of frontage on Rt. 176 (Park Ave) in downtown Libertyville with great signage. This building offers a first-floor executive office suite and a second-floor residential rental unit. This is an extra large lot (100x170) with a 2-car detached garage and room to expand or store big toys in the back. The office space is quite swanky with beautiful original millwork, high ceilings, pocket doors and new hardwood flooring. It has a welcoming front lobby, conference room, 2 large offices, an eat-in kitchenette and full bathroom. The upstairs rental unit is 2-bedrooms, 1 bath with an in-unit washer/dryer and has a long-standing tenant with current lease. This is an excellent space to build a business, meet with clients and have an income-producing rental. Office space is approx. 1,031sqft and residential rental is approx. 832sqft. Parking spaces could be rented for high school parking. Garage space may be rentable. Office suite and rental are both occupied. PLEASE DO NOT WALK THE PROPERTY.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1890
Fireplaces0
Lot size
Annual tax$12,099
CountyLake
MLS #MRD12605207
Days on market7

Features

Cooling
Central Air
Construction
WoodMasonite
Listed by
@properties Christie's International Real Estate
Erin Kahn · 847-343-6791

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/5/2026, 5:06:31 AM. All data should be independently verified.

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