Office Suites with Built-Out Medical
For Lease
$24 SF/Yr
1232 American Way Unit 1280, Libertyville, IL 60048
Well-maintained office complex with multiple suites, including a fully built-out medical space with exam rooms and lab areas.
Space Size1,800 SF - 2,299 SF
Days on Market566
Property Features for 1232 American Way Unit 1280
General Information
Standard status
Active
Size
1,800 SF - 2,299 SF
Net Rentable
1,800 SF
Property subtype
COMMERCIAL
Space & Availability
Available Space
1,800-2,299 SF
Contiguous Space
2,299 SF
Building Details
Year Built
2005
Listing Agency:
Keller Williams Success Realty
(847) 302-5550
Listed By:
Joe Heffernan · License #475128287
Source:
Realtorjamie
Added: Jan 14, 2025
Changed: Jul 31
Last Checked: Aug 1 at 11:12AM
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.
A very well maintained office complex offering three available office suites with distinct layouts and finishes. Unit 1266 is a very open loft space with high ceilings and abundant natural light, totaling 2,299 SF. Unit 1280 provides an executive office arrangement with a front reception area, conference room, private offices, and a kitchen/breakroom, totaling 2,294 SF.
Unit 1264 is a fully built-out medical space, including exam rooms, a nurses station, a lab, and additional medical-focused improvements. The building was constructed in 2005 and the suites are described as having high quality finishes.
These spaces are suited for office and medical-adjacent users looking for move-in-ready interior build-outs, including reception, conference, private office options, and medical exam and lab components depending on suite selection.
Unit 1264 is a fully built-out medical space, including exam rooms, a nurses station, a lab, and additional medical-focused improvements. The building was constructed in 2005 and the suites are described as having high quality finishes.
These spaces are suited for office and medical-adjacent users looking for move-in-ready interior build-outs, including reception, conference, private office options, and medical exam and lab components depending on suite selection.
Key Highlights
- Three office suites in one complex: Unit 1266 (2,299 SF), Unit 1280 (2,294 SF), Unit 1264 (1,800 SF)
- Unit 1266 features very open loft layout, high ceilings, and tons of natural light
- Unit 1280 includes front reception, conference room, private offices, and kitchen/breakroom
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
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
$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
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office complex with multiple suites, including a fully built-out medical space with exam rooms and lab areas.
Where is this office units located?
The property is located at 1232 American Way Unit 1280 Libertyville, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Three office suites in one complex: Unit 1266 (2,299 SF), Unit 1280 (2,294 SF), Unit 1264 (1,800 SF); Unit 1266 features very open loft layout, high ceilings, and tons of natural light; Unit 1280 includes front reception, conference room, private offices, and kitchen/breakroom
