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Medical Office Space Available
For Lease
$24 SF/Yr

1272 American Way #1272-76, Libertyville, IL 60048

Fully built medical space with multiple rooms in Libertyville, IL.

Space SizeContact for details
Lot Size3.76 Acres
Days on Market211

Property Features for 1272 American Way #1272-76

General Information

Standard status Active
Lot size 3.76 Acres
Property subtype Commercial

Amenities

Central air
Central Individual Cooling

Building Details

Year Built 2005
Listing Agency: KELLER WILLIAMS SUCCESS REALTY
Listed By: JOE HEFFERNAN · License #475128287
Source: Corcoran
Added: Jan 24 Changed: Aug 23 Last Checked: Aug 23 at 6:22AM

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.

Unit 1272/76 is a fully built medical space featuring a front reception and waiting area, three exam rooms, three private offices, a lab, a nurses station, and storage. An adjacent 285 square feet of building storage could be configured for additional usable space. The unit is located in a well-maintained office complex. Other available spaces include Unit 1266, an open second-level loft space; Unit 1280, executive offices with a conference room, kitchen/break room, and four private offices; and Unit 1264, an 1,800 square foot fully built-out medical space with three exam rooms, a nurses' station, and a lab.

Key Highlights

  • Fully built‑out 1,800sf medical space in Unit 1264 with 3 exam rooms, nurses' station, lab, and more.
  • Includes reception/waiting area and 3 private offices.
  • Opportunity to configure adjacent 285sf of building storage for additional usable space.

Property Analytics

Current Use

Medical Office Space

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
Balanced
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

Lease Benchmarks for Libertyville, IL

$25.2 /SF/Yr
Avg Asking Price
$24–$30 /SF/Yr
Price Range
4,060 SF
Avg Space Size

This space is priced 5% below the average of $25.2 /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?
Medical Office Space - Fully built medical space with multiple rooms in Libertyville, IL.
Where is this medical office space located?
The property is located at 1272 American Way #1272-76 Libertyville, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Fully built‑out 1,800sf medical space in Unit 1264 with **3 exam rooms, nurses' station, lab**, and more.; Includes reception/waiting area and 3 private offices.; Opportunity to configure adjacent 285sf of building storage for additional usable space.
More about this property
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