Libertyville Office Condo For
For Sale
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14047 W Petronella Dr, Libertyville, IL 60048
Commercial office condo in Libertyville with income potential.
Property Size3,500 SF
Price / SF$117
Days on Market151
Property Features for 14047 W Petronella Dr
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Office
Listing Agency:
Marling Management, Inc.
Listed By:
James (Matt) Marling · License #475.122915
Source:
Crexi
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 19 at 5:38AM
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.
This commercial office condo, located at 14047 W. Petronella Drive in Libertyville, Illinois, offers approximately 3,500 usable square feet of space. Situated in the Viking Park Business Center, it provides convenient access to Route 176, Route 43, and Route 41. The property is located in Libertyville, an affluent North Shore community and a suburb of Chicago. Currently, the unit is configured to accommodate two separate businesses: Suite 202A, with approximately 1,400 usable square feet, and Suite 202B, with approximately 2,100 usable square feet. The layout includes 7 private offices, 2 bathrooms, a kitchenette, a reception area, and a large open area. The space is designed to maximize natural light, with large windows and skylights in almost all private offices. This setup allows an owner-occupant to utilize either Suite A or Suite B while leasing the remaining space for additional income, or to occupy the entire 3,500 square feet.
Key Highlights
- Opportunity to occupy +/- 3,500 usable sf commercial office condo in Libertyville, IL.
- Potential for rental income by occupying part of the space and renting out the remainder.
- Divisible into two suites: Suite 202A (+/- 1,400 sf) and Suite 202B (+/- 2,100 sf).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
419
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
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Commercial office condo in Libertyville with income potential.
Where is this office units located?
The property is located at 14047 W Petronella Dr Libertyville, IL.
What is the asking price?
The asking price for this property is $409,500.
What are key features of this property?
This property features: Opportunity to occupy +/- 3,500 usable sf commercial office condo in Libertyville, IL.; Potential for rental income by occupying part of the space and renting out the remainder.; Divisible into two suites: Suite 202A (+/- 1,400 sf) and Suite 202B (+/- 2,100 sf).
