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Industrial Flex Space Available
For Lease
$13 SF/Yr

1840 Industrial Drive #220, Libertyville, IL 60048

2,671 sq ft flex space with office in Libertyville.

Space SizeContact for details
Days on Market646

Property Features for 1840 Industrial Drive #220

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: Nov 12, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 flex space unit offers 2,671 square feet, including 450 square feet of office space. Constructed in 1989, the property is located in Lake County, specifically just north of Peterson Road on Industrial Drive. The building provides access to 4 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. This property is suitable for industrial, warehouse, and office use.

Key Highlights

  • 2,671 sq ft of space with an additional 450 sq ft of office space.
  • Convenient location just north of Peterson Road on Industrial Drive in Lake County.
  • Access to 4 common truck level docks and grade level loading.

Property Analytics

Current Use

Flex space

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
Well-served
Demand for This Use

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 2,671 sq ft flex space with office in Libertyville.
Where is this flex space located?
The property is located at 1840 Industrial Drive #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 of space with an additional 450 sq ft of office space.; Convenient location just north of Peterson Road on Industrial Drive in Lake County.; Access to 4 common truck level docks and grade level loading.
More about this property
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