Your complete guide to business transactions in this affluent Lake County village. Market insights, local regulations, and expert resources.
Libertyville is an affluent village in Lake County, known for its charming downtown, excellent schools, and high quality of life. With approximately 21,000 residents and strong household incomes, Libertyville offers premium business opportunities serving a sophisticated customer base.
The village features a vibrant downtown district with boutique retail, restaurants, and professional services. Libertyville is also home to corporate offices and healthcare facilities, including Advocate Condell Medical Center. The economy is driven by professional services, healthcare, specialty retail, and dining. The community's affluence and strong local loyalty create excellent conditions for quality businesses.
| Metric | Value |
|---|---|
| Population | 21,000 |
| Total Businesses | 1,600+ |
| Average Business Sale Price | $375,000 |
| Median Time to Sell | 7 months |
| Top Industries | Professional Services, Healthcare, Restaurants, Retail, Personal Services |
| Region | Lake County / North Suburbs |
Libertyville's affluent market and strong downtown create premium opportunities for business sellers. Here's what you need to know about selling in the Libertyville market:
Libertyville offers premium business opportunities in an affluent Lake County market. Here's what buyers should know:
Legal, financial, and consulting services.
Medical and dental practices.
Upscale dining and cafes.
Boutiques and specialty shops.
Upscale salons and spas.
Gyms, studios, and wellness centers.
Libertyville offers access to an affluent customer base, a charming downtown district, strong community loyalty, and a healthcare-anchored economy. Businesses can command premium pricing in this market.
Downtown Libertyville is a vibrant commercial district with boutique retail, restaurants, and services. Downtown locations command premium rents but benefit from high foot traffic and community events. MainStreet Libertyville actively promotes downtown businesses.
Professional services, healthcare, upscale restaurants, specialty retail, and personal services are in demand. Businesses that cater to affluent tastes and provide quality experiences tend to perform well.
Yes, SBA loans are available through Lake County lenders. Given the higher business values in Libertyville, conventional bank financing is also common. Seller financing may be an option for qualified buyers.
Get expert guidance for your Libertyville business transaction.