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Office Unit with Reception
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1017 W Park Avenue, Libertyville, IL 60048

COMMERCIAL - Libertyville, IL

Space SizeContact for details
Lot Size0.10 Acres
Days on Market19

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
Lot size 0.10 Acres

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: Aug 10 Last Checked: Aug 17 at 2:06PM
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 at 1017 W Park Avenue provides an office configuration with an open work area, reception space, and a separate private office. The suite is served by central air and is located in a brick building constructed in 1995. Water, electric, and heat are included with the lease, while natural gas is available at the property. The building also has a shake roof.

Positioned within a Libertyville business park just off the main road, the property offers ample parking and access to major thoroughfares. Downtown Libertyville is only minutes away. The space is zoned OFFIC and may suit a business seeking a defined reception area alongside flexible open workspace.

Key Highlights

  • Unit 1017, Suite B office space
  • Open work area with reception space and private office
  • Water, electric, and heat included with lease

Property Analytics

Current Use

Office Units

Suggested Use

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

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

238
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

Market

Lease Benchmarks for Libertyville, IL

$17.5 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
2,042 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
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace includes a private office and all-inclusive utility service.
Where is this office units located?
The property is located at 1017 W Park Avenue Libertyville, IL.
What are key features of this property?
This property features: Unit 1017, Suite B office space; Open work area with reception space and private office; Water, electric, and heat included with lease
More about this property
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