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Professional Office Building with Amenities
For Lease
$13 SF/Yr

1113 S Milwaukee Ave, Libertyville, IL 60048

Office spaces available in high-traffic area with lease incentives.

Space SizeContact for details
Lot Size0.95 Acres
Days on Market700

Property Features for 1113 S Milwaukee Ave

General Information

Standard status Active
Lot size 0.95 Acres
Listing Agency: real broker, llc
Listed By: Robb Satten · License #475101369
Source: Exprealty
Added: Sep 25, 2024 Changed: Aug 16 Last Checked: Aug 18 at 1:39PM

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 offers multiple spaces for rent in a high-traffic, high-visibility area. The available spaces feature bright, airy interiors with ample windows. Each space includes separate men's and women's bathrooms. Ample parking is available for both tenants and clients. Special lease offers are available: signing a 5-year lease includes 3 months of free rent, plus paint and carpet upgrades. Lease is subject to review of credit and business background.

Key Highlights

  • Special lease offer: get 3 months free rent with a 5‑year lease.
  • Paint and carpet upgrades included with a 5‑year lease.
  • High‑traffic, high‑visibility location.

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
$1.95 /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 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
2,207 SF
Avg Space Size

This space is priced 24% below the average of $17 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces available in high-traffic area with lease incentives.
Where is this office units located?
The property is located at 1113 S Milwaukee Ave Libertyville, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Special lease offer: get 3 months free rent with a 5‑year lease.; Paint and carpet upgrades included with a 5‑year lease.; High‑traffic, high‑visibility location.
More about this property
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