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Windowed Office Unit
New
For Lease
$23 SF/Yr

1113 S Milwaukee Avenue #202, Libertyville, IL 60048

Professional office space with separate restrooms and parking for tenants and visitors.

Space SizeContact for details
Days on Market5

Property Features for 1113 S Milwaukee Avenue #202

General Information

Standard status Active
Zoning COMMR

Additional Details

Space Use Office
Lease Term 60 months

Amenities

plenty of windows
separate men and women bathrooms

Building Details

Year Built 1985
Stories 1
Units 1
Listing Agency: Real Broker, LLC
Listed By: Robb Satten · License #475101369
Source: Allinonerealestateco
Added: Aug 13 Changed: Aug 15 Last Checked: Aug 16 at 3:27PM

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 Real Broker, LLC

Investment Insights

Based on property information with market context.

This office unit is located at 1113 S Milwaukee Avenue, Suite 202, in Libertyville, Illinois. Built in 1985, the professional office building features bright interiors with numerous windows, separate men’s and women’s restrooms, and parking serving tenants and clients. The property carries COMMR zoning. Credit and business background review are required.

Key Highlights

  • 660 property size
  • Separate men’s and women’s restrooms
  • Numerous windows provide bright interior 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

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,279
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

This space is priced 31% above the average of $17.5 /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 - Professional office space with separate restrooms and parking for tenants and visitors.
Where is this office units located?
The property is located at 1113 S Milwaukee Avenue #202 Libertyville, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 660 property size; Separate men’s and women’s restrooms; Numerous windows provide bright interior spaces
More about this property
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