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    1840 Industrial Dr, Unit 220 Libertyville, IL 60048

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    For Lease
    $13 SF/Yr

    2,671 SF flex space with office in Lake County.

    Lot size:
    4.19 Acres

    Property Features for 1840 Industrial Dr

    General Information

    Standard status
    Active
    Lot size
    4.19 Acres

    Building Details

    Year built
    1989

    Source: WAGENER EQUITIES COMMERCIAL REAL ESTATE SERVICES, Agent DANIEL WAGENER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Unit with Office Space

    This 2,671 square foot unit includes 450 square feet of office space. Constructed in 1989 with functionality in mind, the property is located in Lake County, just north of Peterson Road on Industrial Drive. The building provides access to four common truck-level docks and grade-level loading. High-speed internet access is available throughout the building, and mail and overnight delivery drop boxes are located on site. The property is suitable for flex space, industrial, warehouse, and office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Libertyville
    County
    Lake
    State
    Illinois
    Longitude
    -88.006883
    Latitude
    42.3085415

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    FAQs

    What type of property is this?
    Flex space - 2,671 SF flex space with office in Lake County.
    Where is this flex space located?
    The property is located at 1840 Industrial Dr, Unit 220 Libertyville, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 2,671 sq ft unit with an additional 450 sq ft of office space.; - Conveniently located just north of Peterson Road on Industrial Drive in Lake County.; - Access to 4 common truck level docks and grade level loading.
    (847) 816-2621
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    1840 Industrial Dr, Unit 220 Libertyville, IL 60048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1840 Industrial Dr, Unit 220 Libertyville, IL 60048
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