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Office Unit with Private Offices
New
For Lease
$24 SF/Yr

1017 W Park Avenue #B, Libertyville, IL 60048

Open workspace includes reception and private offices, with water, electric, and heat included.

Space SizeContact for details
Days on Market4

Property Features for 1017 W Park Avenue #B

General Information

Standard status Active
Property subtype Commercial

Space & Availability

Space Use Office
Private Offices 2

Additional Details

Utilities to Site Yes

Amenities

Central air
Central Air Cooling
Shake Roof

Building Details

Year Built 1995
Listing Agency: RE/MAX TOP PERFORMERS
Listed By: JANE LEE · License #471004433
Source: Corcoran
Added: Jul 31 Changed: Aug 2 Last Checked: Aug 3 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX TOP PERFORMERS

Investment Insights

Based on property information with market context.

Unit 1017, Suite B provides an office configuration combining an open work area with a reception space and two private offices. The layout supports a mix of shared workspace and enclosed rooms within a professionally maintained building.

The suite is located at 1017 W Park Avenue in Libertyville’s business park, positioned just off the main road and near major thoroughfares. Downtown Libertyville is only minutes away, and ample parking is available on site. Lease terms include water, electric, and heat, consolidating these utilities into the occupancy arrangement.

Key Highlights

  • Open office layout with reception area and two private offices
  • Water, electric, and heat included with the lease
  • Ample parking at a professionally maintained office building

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
Utilities to site
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

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

Market

Lease Benchmarks for Libertyville, IL

$16.33 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
6,671 SF
Avg Space Size

This space is priced 47% above the average of $16.33 /SF/Yr.

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 - Open workspace includes reception and private offices, with water, electric, and heat included.
Where is this office units located?
The property is located at 1017 W Park Avenue #B Libertyville, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Open office layout with reception area and two private offices; Water, electric, and heat included with the lease; Ample parking at a professionally maintained office building
More about this property
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