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    Libertyville, IL

    Libertyville, IL Commercial Real Estate for Sale

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    Professional Office Suites with Private Restrooms
    Updated: Feb 17
    Professional Office Suites with Private Restrooms

    1017/1019 W Park Avenue, Libertyville, IL 60048

    $799,000
    5,000 sqft
    Up to 10,000 SF combined workspace with main‑level space plus optional lower‑level expansion
    Units 1017 and 1019 each have approx 2,500 SF on the main level and optional approx 2,500 SF on the lower level
    Unit 1017 main floor divided into two suites connected by a hallway with two private restrooms
    Suite A in Unit 1017: reception area, waiting room, four private offices, and a large storage closet
    Unit 1019: soaring ceilings, three private offices, expansive open‑concept with multiple cubicle areas, and private restrooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    1017/1019 W Park Avenue, Libertyville, IL 60048

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $69K
      Annual

    • Price @ 7% Cap

      $985K
      Above asking
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    Efficient Second-Floor Office Condominium
    Updated: Aug 12
    Efficient Second-Floor Office Condominium

    1880 W Winchester Road, Libertyville, IL 60048

    $275,000
    4.39 AC lot
    1,954 SF vacant office condominium with immediate occupancy
    Four private offices plus an 18x13 conference room behind French doors
    30x11 reception and waiting area with 18x8 kitchen/breakroom
    Second‑floor suite in a 2003 two‑story elevator building
    Common on‑site parking and central air
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    Two-Unit Office Suites with Central Air
    Two-Unit Office Suites with Central Air

    1017/1019 W Park Avenue, Libertyville, IL 60048

    $799,000
    0.10 AC lot

    Two office suites in a professionally maintained brick building with central air and OFFIC zoning, located in a Libertyville business park.

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    Office Unit With Private Offices
    Office Unit With Private Offices

    28085 N Ashley Circle, Libertyville, IL 60048

    $315,000
    0.92 AC lot

    Updated office condominium with natural light, shared work areas, a kitchenette, and direct access to landscaped outdoor seating.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Leased Medical Office Condominium
    Leased Medical Office Condominium

    900 Technology Way #220, Libertyville, IL 60048

    $625,000
    2,700 sqft

    Medical office condominium with natural light, two elevators, and an established healthcare tenant under lease through December 2029.

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    Strip Mall With Drive-In Bays
    Strip Mall With Drive-In Bays

    197 Peterson Road, Libertyville, IL 60048

    $1,599,000
    0.69 AC lot

    Five-unit commercial property with brick construction, multiple cooling systems, and COMMR zoning.

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    First-Floor Retail Space
    First-Floor Retail Space

    121 W Church Street, Libertyville, IL 60048

    $1,500,000
    0.71 AC lot

    Newly constructed downtown unit with central air and available water service.

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    Medical Office Condominium
    Medical Office Condominium

    900 Technology Way, Libertyville, IL 60048

    $625,000

    Healthcare suite with abundant natural light, panoramic views, and convenient access to major roads.

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    Vacant Office Condominium with Efficient Layout
    Vacant Office Condominium with Efficient Layout

    1880 W Winchester Road #204, Libertyville, IL 60048

    $275,000
    1,954 sqft

    Second-floor suite offers private offices, conference space, kitchen, restrooms, and immediate occupancy.

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    Light-Filled Office Suite with Three Offices
    Light-Filled Office Suite with Three Offices

    14047 W Petronella Drive, Libertyville, IL 60048

    $162,000

    Light-filled office suite with three private offices and an open layout for flexible workplace planning.

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    Brick Office Units with Private Bath
    Brick Office Units with Private Bath

    708 Florsheim Drive, Libertyville, IL 60048

    $202,900

    Brick office units built in 2000 with central air, carpet flooring, and dedicated reception, kitchen, and bath areas.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    545-47 N Milwaukee Avenue, Libertyville, IL 60048

    $6,995,000
    6,000 sqft

    Downtown property combines office space with two restaurant suites under long-term leases.

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    Multi-Tenant Retail Building in Libertyville
    Multi-Tenant Retail Building in Libertyville

    211 S Milwaukee Ave, Libertyville, IL 60048

    $1,900,000
    17,620 sqft 1.09 AC lot

    Multi-tenant retail building with redevelopment potential in a prime location.

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    Second-Floor Office Condo
    Second-Floor Office Condo

    1880 W Winchester Road #206, Libertyville, IL 60048

    Contact for pricing
    2,200 sqft

    Configured with seven private offices, a conference room, kitchenette, storage, and two bathrooms.

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    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons
    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons

    287 Peterson Rd, Libertyville, IL 60048

    $425,000
    2,450 sqft

    Prime Corner Medical / Commercial Property with Exceptional Visibility

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    Office-Warehouse with Overhead Door
    Office-Warehouse with Overhead Door

    Libertyville, IL 60048

    Contact for pricing
    2,622 sqft

    Freshly built-out office-warehouse includes office improvements and a 1020 overhead loading door.

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    One-Story Retail Shopping Center Suites
    One-Story Retail Shopping Center Suites

    1125-1199 S. Milwaukee Avenue, Libertyville, IL 60048

    Contact for pricing
    101,210 sqft 9.71 AC lot

    One-story brick shopping center with 15 suites and 316-stall paved customer parking, currently 93% leased.

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    Class A Medical Office Campus
    Class A Medical Office Campus

    1800 & 1900 Hollister Dr, Libertyville, IL 60048

    Contact for pricing
    92,000 sqft

    Two-building medical campus near Advocate Condell Medical Center.

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    Contemporary Office Building with Parking
    Contemporary Office Building with Parking

    326 S Milwaukee Avenue, Libertyville, IL 60048

    $750,000
    2,200 sqft

    Free-standing office building with parking in a high-visibility location.

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    Viking Office Park Office Suite
    Viking Office Park Office Suite

    28045 N Ashley Cir, Libertyville, IL 60048

    Contact for pricing
    1,920 sqft

    Bright office space in Libertyville's Viking Office Park.

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    Leased Retail/Office Condo with Windows
    Leased Retail/Office Condo with Windows

    289 Peterson Rd, Libertyville, IL 60048

    Contact for pricing
    3,500 sqft

    Commercial condo unit with a reception area, washroom, kitchenette, and large windows on Peterson Road.

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    Freestanding Corner Office Building
    Freestanding Corner Office Building

    326 S Milwaukee Avenue, Libertyville, IL 60048

    Contact for pricing
    2,200 sqft

    Contemporary office property with dedicated parking, flexible interior areas, and multiple entrances for business operations.

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    Libertyville Office Condo For Sale
    Libertyville Office Condo For Sale

    14047 W Petronella Dr, Libertyville, IL 60048

    Contact for pricing
    3,500 sqft

    Commercial office condo in Libertyville with income potential.

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    Automotive Repair Facility
    Automotive Repair Facility

    211 S Milwaukee Ave, Libertyville, IL 60048

    Contact for pricing
    17,868 sqft 1.09 AC lot

    Automotive and repair facility with fully sprinklered single-story space, partial second floor, and ample parking.

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    Libertyville, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Libertyville, IL, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 304,565 square feet of properties for sale, with an estimated market value of $24,223,800.

    Sale prices for business properties in Libertyville, IL start at $162,000, averaging $1,211,190, and reaching up to $6,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.4%
    Median Household Income $169,283
    College Educated 50.7%

    High-Yield Neighborhoods for Investment

    Identify Libertyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60048 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 7.69%
    Property Tax per SF $91.39 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Libertyville fall within the 100,000+ square foot range.

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