Libertyville, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Libertyville, Alabama Market population: 20K. Explore income-producing properties with verified cap rates and operating...
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10 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Libertyville IL Properties: 2.5400%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Libertyville IL
Common questions from investors exploring commercial real estate in Libertyville IL.
What makes Libertyville, IL an attractive market for real estate investment?
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The combination of a high median household income of $107,830, low poverty rate of 3.5%, and strong health insurance coverage of 97.2% suggests a stable and secure market for investors, with a diverse economy driven by top industries like Wholesale Trade, Manufacturing, and Finance & Insurance.
How does the demographic makeup of Libertyville impact rental demand?
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The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Asian populations, contributes to a vibrant community, while the median age of 44.7 and high homeownership rate of 79.6% indicate a strong demand for rental properties, particularly from younger professionals and families working in the top industries.
What are the key factors influencing property values in Libertyville?
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The median property value of $407,300 is supported by the city's high median household income, low poverty rate, and strong employment market, with a GINI coefficient of 0.449 indicating a relatively equal distribution of income, and the average commute time of 26.3 minutes suggests convenient access to job centers.
How does the commute time and transportation infrastructure impact the quality of life for residents?
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The average commute time of 26.3 minutes, combined with a range of commute methods including driving, working from home, and public transit, indicates a well-planned transportation infrastructure, contributing to a high quality of life for residents, and a health insurance coverage rate of 97.2% further supports the overall well-being of the community.
What are the implications of Libertyville's economic and demographic trends for long-term investment growth?
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The city's diverse economy, driven by top industries like Wholesale Trade and Manufacturing, and its highly educated and affluent population, with a median household income of $107,830, suggest a strong potential for long-term investment growth, with the low poverty rate of 3.5% and high health insurance coverage rate of 97.2% providing a stable foundation for property appreciation and rental yield.
Libertyville IL Real Estate & City Facts
Key facts and real estate information about Libertyville IL.
What are some of the best neighborhoods to live in Libertyville?
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Some of the best neighborhoods to live in Libertyville include Oak Spring, Interlaken Meadows, and Sunnyside Park. These neighborhoods are known for their family-friendly environment, clean and green spaces, and strong sense of community. Additionally, the southeast parts of the city tend to be more desired, while the northeast regions offer more affordable homes.
What are some fun things to do in Libertyville?
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Libertyville has a variety of things to do, including visiting the Independence Grove Forest Preserve, exploring the Bess Bower Dunn Museum of Lake County, and enjoying the outdoor beer garden at Leopold Point nature observation area. You can also check out the Libertyville Canlan Sports Complex, Marytown, and the Ravinia Music Festival. For some indoor fun, visit the Hologram Zoo or play a game at WhirlyBall.
What is the food scene like in Libertyville?
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The food scene in Libertyville is diverse and exciting, with a range of restaurants to choose from. Some popular spots include Firkin, Burt's Deli, Austin's Saloon & Eatery, and Main Street Social. You can also find international cuisine, such as Asian and Mexican food, as well as fast food and ice cream shops. Be sure to check out the local cafes and breakfast spots, like Wildberry Pancakes and Cafe.
What are the pros and cons of living in Libertyville?
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The pros of living in Libertyville include its safe and family-friendly environment, excellent public schools, and abundance of parks and green spaces. However, some cons include the higher cost of living, with median property values and taxes being relatively high. Additionally, traffic and commute times can be a challenge, especially during rush hour. Overall, Libertyville is a great place to live for those who value community, education, and outdoor activities.
Is Libertyville a good place to live?
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Yes, Libertyville is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its strong sense of community, excellent schools, and plenty of things to do, it's an attractive option for families and individuals alike. While it may have some drawbacks, such as higher costs and traffic, the benefits of living in Libertyville make it a great choice for those who want a high quality of life.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Libertyville IL Commercial Property: $107,830
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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