197 Peterson Road
, IL, 60048
Price$1,599,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
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.
| Price | $1,599,000 | |
| Total Baths | 0 | |
| Lot Size Area | 29900 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 1999 | |
| Directions | Milwaukee Ave west on Peterson to property on north side of the street. property is called Sutton Plaza. | |
| Latitude | 42.305622 | |
| Longitude | -87.96453 | |
| Market Area | Libertyville | |
| Address | 197 Peterson Road #191-197, IL 60048 | |
| Unit | 191-197 | |
| Postal Code | 60048 | |
| State | IL | |
| Country | United States | |
| Listing Office | Helen Oliveri Real Estate | |
| Listing Office Phone | 847-967-0022 | |
| Listing Agent | Helen Oliveri | |
| Days on market | 62 | |
| MLS Status | Active | |
| Listing Date | Nov 17, 2025 | |
| Listing Last Modified | Jan 25, 2026 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 23490 | |
| MLS Area | Libertyville | |
| MLS # | MRD12519072 | |
Tour this home
Please provide your preferred method of contact below, and one of our agents will be in touch shortly.
Similar Properties
Find similar properties to 197 Peterson Road #191-197, IL 60048
