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Case Study · Retail / Office Corridor · Libertyville, IL

One Street, Seven Deals — Every Door on Peterson Rd

Peterson Rd, Libertyville: a corridor of small retail and office buildings where Jason Bitton has closed deal after deal — a shuttered daycare building sold to a sleep-study use, a veterinarian’s two units split into two sales, a chiropractor’s 40-year home passed to a health spa, and the storefront where Oxtail Market now sells Wisconsin craft beef. Seven transactions — six sales totaling over $1.25 million in published volume, plus a 2026 office lease — on one street.

7 closed
On One Street · Since 2022
$1,261K+
Published Sale Volume
5 new uses
Sleep Study → Craft Beef
Jul 2026
301 Peterson · Leased
The Deal at a Glance

Peterson Rd, Libertyville, Illinois

Corridor
Peterson Rd, Libertyville
Transactions
7 closed
Published volume
$1,261,000+
Closings span
2022–2026
Product
Small retail + office
Sides worked
Seller + buyer rep
Notable arrival
Oxtail Market (277–279)
Most recent
301 Peterson · leased Jul 2026
How the Deal Got Done

Challenge → Move → Outcome

01 · Challenge

Small buildings with big stories attached

No two doors on Peterson Rd have the same problem. A building bought for a daycare that was forced to close before it could take root — and then lost its remaining tenants, one to relocation and one to a mobile-only model, until it sat empty. A veterinarian holding two units worth more apart than together. A chiropractor retiring out of a building after roughly 40 years.

Buildings like these don’t trade on cap rates. They trade on knowing who’s next — and generic marketing has no answer for that.

02 · The Move

Work the street, not just the listing

At 287–289, Jason sold the emptied building anyway — $360,000 in May 2024 — by selling its next act: the buyer runs a sleep-study operation there today.

At 295 and 297, the veterinarian’s two units could have gone out as one listing. Jason split them to maximize value: 297 to a barber ($120,000, Jan 2025) and 295 to an investor ($140,000, Oct 2024) — an investor whose other unit Jason later sold as well, at which point the investor moved into 295 himself.

At 283, the retiring chiropractor’s building sold for $205,000 in June 2025 to a facial and health-spa use. And at 277–279, Jason worked the buy side: his client’s purchase became Oxtail Market, a local craft-beef market selling fresh and frozen beef raised a few hours north in Wisconsin.

03 · Outcome

A corridor where the broker is the market

Seven transactions — six sales, including a 2022 office-condo sale at 299 #5, totaling over $1.25 million in published volume — each closing compounding the next: who owns what, who’s outgrowing what, and what the next door should ask. The seventh landed in July 2026: 301 Peterson Rd, a 1,400 SF office suite leased to a regional insurance office at $2,100 a month on a three-year term with 3% annual increases.

The Peterson Rd Ledger
AddressDealPrice / RateClosedNext use
277–279 Peterson RdSold · buyer rep$300,000Oxtail Market — local craft-beef market
283 Peterson RdSold · seller rep$205,000Jun 2025Facial / health-spa studio
287–289 Peterson RdSold · seller rep$360,000May 2024Sleep-study operation
295 Peterson RdSold · seller rep$140,000Oct 2024Investor → owner-occupant
297 Peterson RdSold · seller rep$120,000Jan 2025Barber shop
299 Peterson Rd #5Sold · seller rep$136,000Dec 2022Office condo
301 Peterson Rd →Leased · landlord rep$2,100/moJul 20261,400 SF office — regional insurance

“Seven transactions on one Libertyville street — Jason knows every door on Peterson Rd.”

The short version of this corridor
Why It Matters

Why Corridor Depth Wins

Most brokers know a market. On a handful of streets, a broker knows every owner, every tenant, every rent, and every building’s next act. That’s when deals that look unsellable start closing.

Sell the next use
An empty building isn’t a dead listing — 287–289 sold on what it could become, not on what it had lost.
Split for value
Two units priced as one leave money on the table. Splitting 295 and 297 created two right-sized deals.
Buyers resurface
Corridor relationships compound — the 295 investor came back for another transaction, then moved in himself.
Keep Exploring

Related on JasonCRE

Every door on Peterson Rd — the corridor page, with video walkthroughs 301 Peterson Rd — leased Jul 2026 Libertyville commercial real estate Full sold & leased track record For property owners

Own a Building on Peterson Rd — or a Street Like It?

Corner to corner, Jason can tell you who’s paying what, who’s looking, and what your building would bring — because he’s closed the doors around it. Confidential, before anything hits the market.

Need a small space on a corridor like this? Start here: find space.