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Professional Office Space Available
For Lease
$12 SF/Yr

1113 S Milwaukee Avenue #301, Libertyville, IL 60048

Office building in high-traffic area with lease incentives.

Space SizeContact for details
Days on Market477

Property Features for 1113 S Milwaukee Avenue #301

General Information

Standard status Active

Building Details

Year Built 1985
Listing Agency: REAL BROKER, LLC
Listed By: ROBB SATTEN · License #475101369
Source: Corcoran
Added: May 6, 2025 Changed: Mar 16 Last Checked: Aug 16 at 3:30AM

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 professional office building is situated in a high-traffic, high-visibility area. The property features bright, airy interiors with ample windows. Separate men's and women's restrooms are available. The property also includes ample parking for tenants and clients. Special lease offers are available: a three-year lease includes new paint and carpet, while a five-year lease includes three months of free rent, plus paint and carpet upgrades. The listing price is $12.

Key Highlights

  • High‑traffic, high‑visibility location ideal for business exposure.
  • Ample parking available for both tenants and clients.
  • Bright, airy interiors with plenty of windows.

Property Analytics

Current Use

Office buildings

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
$1.80 /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

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 building - Office building in high-traffic area with lease incentives.
Where is this office building located?
The property is located at 1113 S Milwaukee Avenue #301 Libertyville, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High‑traffic, high‑visibility location ideal for business exposure.; Ample parking available for both tenants and clients.; Bright, airy interiors with plenty of windows.
More about this property
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