The Shops of Northwind 1745 Northwind Blvd Local commercial 1 897 m² 100 % Loué À vendre Libertyville, IL 60048 2 728 337 € (1 438,46 €/m²) Taux de capitalisation 8,10 %

Marcus & Millichap presents The Shops of Northwind, a 20,416-square-foot service-oriented center in the affluent Lake County suburb of Libertyville, Illinois. The building boasts excellent curb appeal, class A construction, and professional landscaping.
The property is strategically positioned across from the 160,000-square-foot Calan Sports Complex and just off the intersection of Peterson Road and U.S. Route 45, which sees over 34,000 vehicles per day. It is 100 percent occupied by four tenants operating under a mix of Net, modified gross, and gross leases. The average weighted lease term remaining is five and a half years, providing consistent cash flow for years.
Demographics in Libertyville are exceptionally strong, with average household incomes of $248,869 annually within a one-mile radius and over 38,000 people within a three-mile radius. Libertyville schools are recognized for offering some of the best public education in the Chicagoland area.
This well-established retail center offers significant potential for long-term growth. As construction costs continue to rise, the development of new retail centers has slowed considerably, making properties like this one more likely to maintain full occupancy. This stability creates opportunities to increase rental rates and renegotiate leases under more favorable terms.