601 Broadway St

$4,025,000
Price
20
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to own a cash flowing, 7-Unit rental townhome development in the heart of Libertyville. Located within steps of Libertyville's best shopping & dining this property has it all. Unit mix includes six 3-bedroom, 2.5 bathroom townhomes & one 2-bedroom, 1.5 bathroom townhome. Interior features include a 2-car garage with extra storage, 9' ceilings on the first two levels, fully sprinklered units with quick recovery water heater and energy efficient HVAC system & side by side washer &...Great opportunity to own a cash flowing, 7-Unit rental townhome development in the heart of Libertyville. Located within steps of Libertyville's best shopping & dining this property has it all. Unit mix includes six 3-bedroom, 2.5 bathroom townhomes & one 2-bedroom, 1.5 bathroom townhome. Interior features include a 2-car garage with extra storage, 9' ceilings on the first two levels, fully sprinklered units with quick recovery water heater and energy efficient HVAC system & side by side washer & dryer. High end finishes include 42" upper cabinets with soft close doors and drawers, 3cm quartz countertops, stainless steel appliances and vinyl plank flooring. Property includes one affordable unit which provides real estate tax credits for entire development.

Property Details for 601 Broadway Street

Area
Green Oaks / Libertyville
Air Conditioning Type
Central Air
Zoning
PUD
LISTING UPDATED: 09/11/2025 12:07 AM

Property Details for 601 Broadway Street

StatusActive
MLS #12463726
Days on Market92
Taxes$53,661 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Condo/Townhouse
Year Built2022
Lot Size0.54 AC / 23,418 SF
CountyLake County

Location

Listing Courtesy of Kinzie Brokerage LLC
Add your commute

Building Information for 601 Broadway Street

Stories3Residences7Year Built2022Building Size-Lot Size0.54 AC / 23,418 SF

Payment Calculator

$24,361 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,889

Property Taxes

$4,472

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 601 Broadway Street

General Information
Addtl Parking Information
  • Indoor Parking: 13-18 Spaces
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 7
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • # Of Dryers: 7
  • # Of Disposals: 7
  • # Of Dishwashers: 7
  • Num of Baths: 13.7
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Scavenger, Sewer
  • Built Before 1978: No
  • Approximate Age: 1-6 Years
  • Multi-Family Type: Condo/Townhouse
  • Lot Size Source: County Records
  • Lot Dimensions: 212x87x42x106x137
  • Lot Size Square Feet: 23418.0
  • Stories: 3
  • Fire Protection: Sprinklers-Wet
  • # Of Ranges: 7
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $311,952.00
  • Gross Scheduled Income: $311,952.00
  • Insurance Expense: $12,000.00
  • Maintenance Expense: $.00
  • Manager Expense: $10,200.00
  • Expense Year: 2024
  • Total Annual Expense Source: Broker Projection
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Total Monthly Income: 25996
  • Net Operating Income: $221,341.00
  • Operating Expense: $90,611.00
  • Other Expense: $14,750.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 601 Broadway Street

DateEvent & SourcePriceAppreciation
Sep 5, 2025

Listed (Active)

MRED #12463726

$4,025,000
DateEvent & SourcePrice
09/05/2025

Listed (Active)

MRED #12463726

$4,025,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 601 Broadway Street

Taxable ValueLand$30,993Additions$212,435Total$243,428
Tax Record2024$23,342 ($1,945 / month)
Home Facts
StyleMiscellaneous CommercialCountyLAKEAPN11-16-418-006

Schools near 601 Broadway Street

This home is within Libertyville School District 70.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Butterfield School
PublicPK to 5

Highland Middle School
Public6 to 8

Libertyville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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601 Broadway Street is a multi-family home for sale in Libertyville, IL 60048. This property was listed for sale on September 5, 2025 by Kinzie Brokerage LLC, it's currently listed at $4,025,000. This listing's school districts are Chsd 128 School District, Libertyville School District 70. Nearby schools include Butterfield School, Highland Middle School and Libertyville High School. 601 Broadway Street is a 20-bed, 20-bath, multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kinzie Brokerage LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/11/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.