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Office Units with Medical Buildout
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1232 American Way #1264, Libertyville, IL 60048

Three lease-ready office configurations span loft, executive, and medical layouts within a maintained office complex.

Space Size1,800 SF - 2,299 SF
Days on Market584

Property Features for 1232 American Way #1264

General Information

Standard status Active
Size 1,800 SF - 2,299 SF
Net Rentable 1,800 SF
Zoning COMMR

Additional Details

Available Space 1,800-2,299 SF

Building Details

Year Built 2005
Stories 2
Units 3
Listing Agency: Keller Williams Success Realty
Listed By: Joe Heffernan · License #475128287
Source: Midwestrealestate
Added: Jan 14, 2025 Changed: Aug 7 Last Checked: Aug 20 at 2:41PM

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 at 1232 American Way in Libertyville, this 2005 office complex includes three distinct suites available for lease. Unit 1266 provides 2,299 square feet of open loft-style workspace with high ceilings and abundant natural light. Unit 1280 contains 2,294 square feet configured with a reception area, conference room, private offices, and a kitchen or breakroom, along with high-quality finishes.

Unit 1264 offers 1,800 square feet of built-out medical office space with exam rooms, a nurses station, and a lab. The range of layouts accommodates open office, executive office, and medical office requirements within the same complex.

Key Highlights

  • Three office units available: 1266, 1280, and 1264
  • Unit 1266 includes 2,299sf of loft‑style office space
  • Unit 1280 measures 2,294sf with reception, conference room, private offices, and kitchen/breakroom

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

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

$16.91 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
1,808 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Three lease-ready office configurations span loft, executive, and medical layouts within a maintained office complex.
Where is this office units located?
The property is located at 1232 American Way #1264 Libertyville, IL.
What are key features of this property?
This property features: Three office units available: 1266, 1280, and 1264; Unit 1266 includes 2,299sf of loft‑style office space; Unit 1280 measures 2,294sf with reception, conference room, private offices, and kitchen/breakroom
More about this property
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