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    303 E Park Ave Libertyville, IL 60048

    For Lease
    $12 SF/Yr

    Commercial Lease - Libertyville, IL

    Days on Market:
    137
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 303 E Park Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OFFIC

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Number of units
    1
    Flooring type
    Wood
    Architectural style
    Other

    HomeSmart Connect Real Estate (847) 495-5000 [email protected]

    Listing agent Desi Zamora (847) 495-5000 License #475185050

    Listing date Jul 31, 2025

    MLS# 11875603 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

    Libertyville Office Space For Lease

    Professional office space is available for lease in downtown Libertyville. The space is suitable for medical, legal, or other professional uses. The unit features 3 private offices, plus an extra-large room that can serve as an executive room or conference room. It includes a receptionist desk, kitchenette, and 2 washrooms. A large parking lot is available for clients and customers. The property is located within walking distance of downtown shops and restaurants. The lease is NNN.
    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 - Turn-key professional office space in downtown Libertyville.
    Where is this office space located?
    The property is located at 303 E Park Ave Libertyville, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key professional office space, ready for immediate occupancy.; - Prime downtown Libertyville location, walking distance to shops and restaurants.; - Includes 3 private offices plus a large flexible room for executive or conference use.
    (847) 495-5000
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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
    303 E Park Ave Libertyville, IL 60048
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