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Libertyville Office/Warehouse Space Available
For Lease
$13 SF/Yr

1840 Industrial Drive #310, Libertyville, IL 60048

Office and warehouse space with drive-in door and dock access.

Space SizeContact for details
Days on Market610

Property Features for 1840 Industrial Drive #310

General Information

Standard status Active

Building Details

Year Built 1989
Listing Agency: WAGENER EQUITIES COMMERCIAL REAL ESTATE SERVICES,
Listed By: DANIEL WAGENER · License #471005683
Source: Corcoran
Added: Dec 18, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 WAGENER EQUITIES COMMERCIAL REAL ESTATE SERVICES,

Investment Insights

Based on property information with market context.

This unit offers 2,910 square feet of space, primarily configured as office space. The layout includes 2 private offices, 2 cubicles, an open office area, a conference room, a kitchen, and 2 bathrooms. Additionally, the unit features a small warehouse area with a drive-in door suitable for storage. The property provides access to 4 docks for loading purposes. Mail and overnight delivery drop boxes are available on-site. Constructed in 1989, the building is wired for high-speed internet access. The property is situated in Lake County, just north of Peterson Road on Industrial Drive.

Key Highlights

  • 2,910 sq ft of office and warehouse space
  • Small warehouse with Drive‑In Door
  • Access to 4 loading docks

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Pharmacy Storage Facility Plumbing Service Grocery & Convenience Store Bakery

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

281
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

$16.91 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
1,808 SF
Avg Space Size

This space is priced 23% below the average of $16.91 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office and warehouse space with drive-in door and dock access.
Where is this office units located?
The property is located at 1840 Industrial Drive #310 Libertyville, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 2,910 sq ft of office and warehouse space; Small warehouse with Drive‑In Door; Access to 4 loading docks
More about this property
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