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Flexible Office Units
For Lease
$24 SF/Yr

1232 American Way #1232, Libertyville, IL 60048

Multiple suites support open-plan, executive, and medically configured office requirements.

Space Size1,150 SF - 2,299 SF
Days on Market35

Property Features for 1232 American Way #1232

General Information

Standard status Active
Size 1,150 SF - 2,299 SF
Net Rentable 1,150 SF
Zoning COMMR

Space & Availability

Available Space 1,150-2,299 SF
Contiguous Space 2,299 SF
Divisible Yes
Space Use Office

Building Details

Year Built 2005
Stories 2
Units 4
Listing Agency: Keller Williams Success Realty
Listed By: Joe Heffernan · License #475128287
Source: Allinonerealestateco
Added: Jul 7 Changed: Aug 9 Last Checked: Aug 9 at 5:42PM

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.

Office units are available within a 2005 complex, with configurations suited to varied operational needs. Options include open loft-style areas with high ceilings and abundant natural light, as well as finished executive space featuring a reception area, conference room, private offices, and kitchen or breakroom. A separate medical suite includes exam rooms, a nurses station, laboratory space, and additional clinical improvements.

Suite sizes include 1,150–2,294 SF in Unit 1232, 2,299 SF in Unit 1266, 2,294 SF in Unit 1280, and 1,800 SF in Unit 1264. The property is located at 1232 American Way in Libertyville, Illinois, and carries COMMR zoning.

Key Highlights

  • Multiple office configurations, including loft‑style, executive, and medical suites
  • Unit 1232 offers 1,150–2,294 SF
  • Unit 1266 includes 2,299 SF

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Auto Parts Store Storage Facility Parking Lot & Garage Grocery & Convenience Store Electrical Service

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

617
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

$16.33 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
6,671 SF
Avg Space Size

This space is priced 47% above the average of $16.33 /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
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Frequently Asked Questions

What type of property is this?
Office units - Multiple suites support open-plan, executive, and medically configured office requirements.
Where is this office units located?
The property is located at 1232 American Way #1232 Libertyville, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Multiple office configurations, including loft‑style, executive, and medical suites; Unit 1232 offers 1,150–2,294 SF; Unit 1266 includes 2,299 SF
More about this property
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