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Office Suite with Reception and Private Offices
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For Lease
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1017 W Park Avenue, Libertyville, IL 60048

COMMERCIAL - Libertyville, IL

Lot Size0.10 Acres
Days on Market1

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 Last Checked: Jul 30 at 11:06PM
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 is a well-appointed office suite featuring a spacious open office environment supported by a welcoming reception area and two private offices. The suite offers a practical balance of collaborative and private workspace for day-to-day operations.

The office is located in a professionally maintained, brick office building with ample parking. The property sits just off the main road in a Libertyville business park setting, with proximity to downtown and major thoroughfares. The suite is available for lease with utilities included: water, electric, and heat.

Additional building details include central air cooling, natural gas availability, a shake roof, and a 1995 year built. The suite is positioned at 1017 W Park Avenue, Libertyville, IL 60048.

Key Highlights

  • Unit 1017, Suite B office with reception area and two private offices
  • Spacious open office environment plus dedicated private office space
  • Professionally maintained brick office building with ample parking

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

$12.5 /SF/Yr
Avg Asking Price
$12–$13 /SF/Yr
Price Range
3,350 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 - Office suite with a reception area plus two private offices in a brick building with central air and ample parking.
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 with reception area and two private offices; Spacious open office environment plus dedicated private office space; Professionally maintained brick office building with ample parking
More about this property
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