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    1017/1019 W Park Ave Libertyville, IL 60048

    For Sale
    $824,000

    Condominium - Libertyville, IL

    Type:Condominium
    Property size:
    5,000 SF
    Days on Market:
    109
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 1017/1019 W Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Standard status
    Active
    Zoning
    OFFIC
    APN
    11202060230000
    Size
    5,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1995
    Number of units
    2
    Roof type
    Shake
    Architectural style
    Other

    RE/MAX Top Performers (847) 295-0800 [email protected]

    Listing agent Jane Lee (847) 295-0800 License #471004433

    Listing date Aug 28, 2025

    MLS# 12457107 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Upscale Libertyville Office Space Available

    Located in a professionally maintained building in a desirable Libertyville business park, units 1017 and 1019 offer upscale professional office space. The property is situated just off the main road, minutes from downtown and close to major thoroughfares. Units 1017 and 1019 each offer approximately 2,500 square feet on the main level, with an optional additional 2,500 square feet each available on the lower level, for a total of up to 10,000 square feet of workspace. Unit 1017's main floor is divided into two suites, connected by a hallway with two private restrooms. Suite A includes a reception area, waiting room, four private offices, and a large storage closet. Suite B offers a spacious open office environment with a reception area and two private offices. Unit 1019 features ceilings, three private offices, and an expansive open-concept workspace with multiple cubicle areas. Private restrooms enhance the convenience of this functional layout. The property has ample parking. These suites offer the flexibility and space to support business growth, whether expanding a company headquarters or establishing a satellite office.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Libertyville
    County
    Lake
    State
    Illinois
    Longitude
    -87.9449
    Latitude
    42.2938

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    FAQs

    What type of property is this?
    Office space - Premium office suites in a professionally maintained Libertyville building.
    Where is this office space located?
    The property is located at 1017/1019 W Park Ave Libertyville, IL.
    What is the asking price?
    The asking price for this property is $824,000.
    What are key features of this property?
    This property features: - Prime Libertyville location in a desirable business park, minutes from downtown and major thoroughfares.; - Up to 10,000 SF of versatile, premium office space available (2,500 SF per unit, main and lower levels).; - Professionally maintained building with ample parking.
    (847) 295-0800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1017/1019 W Park Ave Libertyville, IL 60048
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