Monarch Realty Partners Brokers $13.6M Sale Of Mixed-Use Property In Libertyville, IL

The Manchester, a mixed-use property located at 115 Lake Avenue in Libertyville, Illinois, has been sold for $13,600,000. The property, brokered by Monarch Realty Partners, features a total area of 66,172 square feet with 34 luxury apartments and 5 large commercial spaces. Additionally, there is a parking garage with 36 spaces and an outdoor parking area with 37 spaces. The property also offers amenities such as a fitness center, on-site leasing office, and a re-designed lobby. Originally constructed in 2008, the property underwent renovations in 2016.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $13,600,000
• Address: 115 Lake Avenue, Libertyville, IL
• Market: Libertyville, IL

Bill Baumann and Michael Anguiano from Monarch Realty Partners represented the parties involved in the transaction.