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High-Exposure Office Suite
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137 W PARK AVE, Libertyville, IL

Suite offers a front waiting/reception area, conference room, two private offices, plus a kitchenette and restroom.

Property Size1,070 SF
Days on Market8

Property Features for 137 W PARK AVE

General Information

Standard status Active
Size 1,070 SF
Net Rentable 1,070 SF
Property subtype Retail, Office

Space & Availability

Available Space 1,070 SF
Contiguous Space 1,070 SF
Space Use Office
Private Offices 2
Meeting Rooms 1

Building Details

Building Size 1,070 SF
Year Built 1890
Listing Agency: Marling Management, Inc.
Listed By: James (Matt) Marling · License #475.122915
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 29 at 8:46PM

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 Marling Management, Inc.

Investment Insights

Based on property information with market context.

137 W. Park Avenue provides an approximately 1,070 SF high-exposure office suite with a practical front-to-back layout. The unit features a large waiting/reception area and conference room at the front, with two private offices toward the rear. Additional in-suite amenities include a kitchenette and restroom. The space is described as having newer, high-end finishes and is noted as a former attorney’s office.

The address is on the south side of Park Avenue (Route 176), just west of Milwaukee Avenue (Route 21) and east of Stewart Avenue, placing it close to shops, dining, and Libertyville’s historic downtown area.

Built in 1890, this suite is positioned for professional uses that benefit from public-facing reception space and dedicated meeting space.

Key Highlights

  • Approximately 1,070 SF office suite with high exposure
  • Front waiting/reception area plus conference room
  • Two private offices

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Hotel & Motel Garden Center Building Supply (Bike/Boat/Book/etc) Store

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

238
Businesses Nearby

Market

Lease Benchmarks for Libertyville, IL

$12.5 /SF/Yr
Avg Asking Price
$12–$13 /SF/Yr
Price Range
3,350 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 - Suite offers a front waiting/reception area, conference room, two private offices, plus a kitchenette and restroom.
Where is this office units located?
The property is located at 137 W PARK AVE Libertyville, IL.
What are key features of this property?
This property features: Approximately 1,070 SF office suite with high exposure; Front waiting/reception area plus conference room; Two private offices
More about this property
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