Libertyville Office and Medical
For Lease
Contact for pricing
1232 American Way, Libertyville, IL 60048
Well-maintained office and medical space in a campus-like setting.
Space Size2,295 SF - 2,299 SF
Property Size22,800 SF
Lot Size3.75 Acres
Days on Market728
Property Features for 1232 American Way
General Information
Standard status
Active
Size
2,295 SF - 2,299 SF
Class
B
Lot size
3.75 Acres
Property subtype
Office
Lease Type
Modified Gross
Building Details
Building Size
22,800 SF
Year Built
2005
Tenancy
Multiple
Spaces For Lease
at 1232 American Way Contact us- Size
- 2,299 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Unit 1266
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Unit 1264
- Size
- 2,295 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Unit 1272/76
Listing Agency:
Keller Williams Success Realty
(847) 302-5550
Listed By:
Joe Heffernan · License #IL 475128287
Source:
Crexi
Added: Aug 20, 2024
Changed: Aug 9
Last Checked: Aug 9 at 7:49PM
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 Keller Williams Success Realty
Investment Insights
Based on property information with market context.
Located just east of Route 45, 1232-1280 American Way in Libertyville offers well-maintained office and medical space in a campus-like setting. This 22,855-square-foot property, situated on over 3.75 acres, features high-quality construction, executive-style finishes and build-outs, and views of adjacent wetlands. The building provides ample parking for tenants and guests and individually controlled HVAC units. A new hospital is located across from the property. The location is approximately 10 miles from the Wisconsin border and 40 miles north of Chicago. Libertyville is an established residential community and a significant market and service center for central Lake County. The property has easy access to major area thoroughfares, including Routes 45, 21, 137, and 176. The Metra rail service provides access to the greater Chicagoland area.
Key Highlights
- High‑quality construction with executive‑style finishes and build‑outs.
- Well‑maintained office and medical space in a campus‑like setting.
- Convenient location near a brand‑new hospital.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$23.67 /SF/Yr
Avg Asking Price
$16–$30 /SF/Yr
Price Range
4,060 SF
Avg Space Size
This space is priced 32% below the average of $23.67 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained office and medical space in a campus-like setting.
Where is this medical office space located?
The property is located at 1232 American Way Libertyville, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: High‑quality construction with executive‑style finishes and build‑outs.; Well‑maintained office and medical space in a campus‑like setting.; Convenient location near a brand‑new hospital.
