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Office Suite with Private Office
For Lease
$1,500/Mo

1017 W Park Avenue, Libertyville, IL 60048

Commercial Lease, Libertyville, IL

Space SizeContact for details
Days on Market65

Property Features for 1017 W Park Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions RT. 176 (PARK AVE.) WEST TO UNIT
Subdivision Green Oaks / Libertyville
Standard status Active
APN 11202060230000

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Building Details

Year built 1995
Floors in Building 1
Number of units 2
Building materials Brick
Roof type Shake
Listing Agency: RE/MAX Top Performers · RE/MAX International
Listed By: Jane Lee · License #471004433
Added: Jul 30 Changed: Sep 28 Last Checked: Oct 2 at 8:06AM
MLS# 12717872

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Unit 1017, Suite B is an office suite in a brick building constructed in 1995. Its layout includes an open office area, a reception space, and one private office. Central air conditioning serves the suite, and water, electricity, and heat are included with the lease. The property is zoned OFFIC.

The building is in a Libertyville business park just off a main road, with access to major thoroughfares and downtown Libertyville a short drive away. Parking is available at the property.

Key Highlights

  • Open office area, reception space, and a private office
  • Water, electricity, and heat included with the lease
  • Brick building constructed in 1995

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Hotel & Motel (Bike/Boat/Book/etc) Store Auto Parts Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

Demographics for 60048, IL

29,353
Population
10,826
Households
2.7
Avg Household Size
44
Median Age
71%
College-Educated
98%
High-School Grad
28.4 sq mi
ZIP Area
1,034
Density / Sq Mi
$169,283
Median Household Income
$83,333
Median Earnings
$1,569
Median Rent
$535,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Libertyville, IL

$15.81 /SF/Yr
Avg Asking Price
$7.25–$24 /SF/Yr
Price Range
2,480 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - The layout pairs an open office area with a reception space and a separate private office.
Where is this office units located?
The property is located at 1017 W Park Avenue Libertyville, IL.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Open office area, reception space, and a private office; Water, electricity, and heat included with the lease; Brick building constructed in 1995
More about this property
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