Commercial Real Estate Broker

Libertyville, Illinois Commercial Real Estate

Buying, selling, or leasing commercial property in Libertyville? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois — serving Libertyville and the surrounding market.

Get Started →(847) 858-2909

Libertyville Commercial Real Estate Market

Libertyville is the commercial hub of central Lake County, with a vibrant downtown, established industrial corridors, and strong retail demand driven by one of the most affluent residential bases in the Chicago suburbs. The village’s mix of charming Main Street retail, professional office space, and Industrial Drive warehouse facilities creates a diverse commercial real estate market that attracts both local entrepreneurs and institutional investors.

Market Highlights

✓ Vibrant downtown — walkable retail and dining district

✓ Industrial Drive corridor — established warehouse and flex market

✓ Route 21 (Milwaukee Ave) commercial corridor

✓ Metra commuter rail — two stations

✓ Affluent residential base — strong household incomes

✓ Jason Bitton’s home market — deepest local knowledge

Property Types We Handle in Libertyville

Retail

Downtown storefronts, Route 21 retail, restaurant spaces, and neighborhood service retail.

Industrial

Warehouse, distribution, light manufacturing, and flex space along Industrial Drive and Route 45.

Office

Professional and medical office suites, coworking, and small office condominiums.

Investment Sales

Mixed-use downtown buildings, multi-tenant industrial, and retail strip centers.

Active Listings in Libertyville

Properties currently available through Jason Bitton in Libertyville.

28085 N Ashley Cir

For Sale

Office3,000 SF$315,000

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1881 Industrial Dr

For Lease

Industrial7,139 SF$7,139/mo

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301 Peterson Rd

For Lease

Office1,200 SF$2,400/mo

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Recent Deal Activity in Libertyville

Peterson Road Portfolio — 5 Transactions, $961,000+

Jason has closed five separate commercial transactions on Peterson Road between 2022-2025, ranging from $120K to $360K — including office condominiums and retail spaces. This concentration of deal activity reflects deep relationships with property owners along one of Libertyville's key commercial corridors.

15647 W Birchwood Ln — $240,000

Residential sale in Libertyville. Jason represents clients across both commercial and residential transactions in his home market. Closed 2022.

Libertyville attracts people who value the school district, the walkable downtown, and the small-town character. Commercial demand is driven by this strong residential base — downtown retail rents remain healthy, Industrial Drive warehouse space stays tight, and professional office along Peterson Road and Route 21 sees steady tenant demand.

Why Work With Jason in Libertyville?

Libertyville is Jason’s home market. He knows every building, every landlord, and every development project in this village. No other broker has deeper relationships or more granular market knowledge in Libertyville — from downtown retail rents to Industrial Drive vacancy rates.

Maximum Exposure

Every Libertyville listing syndicated across CoStar, LoopNet, Crexi Pro, MLS, and our investor network simultaneously.

Local Market Knowledge

Deep understanding of Libertyville zoning, tenant demand, traffic patterns, and competitive dynamics — backed by data.

Full-Service Execution

From valuation through close — coordinating attorneys, lenders, inspectors, and municipal officials for a seamless deal.

Also Serving Nearby Markets

Click a town to learn more about our services in that market.

Vernon Hills Mundelein Gurnee Lake Forest Lake Bluff Lincolnshire

Libertyville Commercial Real Estate FAQ

What are the main commercial corridors in Libertyville?

Libertyville has three distinct commercial areas: the walkable downtown along Milwaukee Avenue and Cook Avenue (retail, dining, professional services), Industrial Drive (warehouse, flex, light manufacturing), and Route 21/Peterson Road (office, medical, service retail). Each has different tenant profiles and lease rate dynamics.

Does Libertyville have any special zoning requirements for restaurants?

Yes — restaurants in downtown Libertyville typically require a special use permit, and the village has specific requirements around hours of operation, outdoor seating, signage, and parking. Jason has shepherded multiple tenants through the Libertyville permitting process and can advise on what the village will and won't approve.

What's the industrial market like on Industrial Drive?

Industrial Drive is Libertyville's primary warehouse and flex corridor, with space typically leasing in the $10-14/SF/YR range. Vacancy is tight — when quality space comes available, it moves quickly. Most tenants are small manufacturers, distributors, and contractors in the 1,500-10,000 SF range.

Ready to Buy, Sell, or Lease in Libertyville?

Contact Jason directly to discuss your Libertyville commercial real estate goals.

Get Started →(847) 858-2909