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Professional Office Building with Parking
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1113 S Milwaukee Avenue, Libertyville, IL 60048

COMMERCIAL - Libertyville, IL

Lot Size0.95 Acres
Days on Market674

Property Features for 1113 S Milwaukee Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions MILWAUKEE SOUTH OF GOLF ON WEST SIDE OF STREET 3 STORY BRICK OFFICE BUILDING
Subdivision Green Oaks / Libertyville
Standard status Active
Lot size 0.95 Acres

Utilities

Utilities Water Available
Cooling system Zoned, Central Air

Building Details

Year built 1985
Floors in Building 3
Number of units 4
Flooring type Concrete, Carpet
Building materials Concrete, Steel Siding
Roof type Fiberglass
Listing Agency: Real Broker, LLC
Listed By: Robb Satten · License #475101369
Added: Sep 25, 2024 Changed: Jul 13 Last Checked: Jul 30 at 4:06PM
MLS# 12172928

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.

This professional office building at 1113 S Milwaukee Avenue offers four available office spaces with bright, airy interiors and plenty of windows. Each suite includes separate men’s and women’s restrooms, designed for day-to-day client and staff needs.

The property is presented as being located in a high-traffic, high-visibility area, with ample parking for tenants and clients. The building is zoned COMMR.

The offering also includes special lease terms described in the listing: sign a 5-year lease and receive 3 months free rent, and the space can be repainted after 3 years, subject to review of credit and business background.

Key Highlights

  • Professional office building built in 1985 with central air and zoned cooling
  • Four available office spaces with bright, airy interiors and plenty of windows
  • Separate men’s and women’s bathrooms in the available spaces

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Furniture & Home Goods

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

4
Office units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,858
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Four available office spaces in a professional building with plenty of windows, separate men’s and women’s restrooms, and ample parking.
Where is this office units located?
The property is located at 1113 S Milwaukee Avenue Libertyville, IL.
What are key features of this property?
This property features: Professional office building built in 1985 with central air and zoned cooling; Four available office spaces with bright, airy interiors and plenty of windows; Separate men’s and women’s bathrooms in the available spaces
More about this property
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