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Multi-Office Office Suite with Skylights
For Lease
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14047 W Petronella Dr, Libertyville, IL 60048

Lease Suite 202B featuring four private offices, reception/open area, storage, and shared kitchenette and bathrooms.

Space Size2,100 SF
Days on Market164

Property Features for 14047 W Petronella Dr

General Information

Standard status Active
Size 2,100 SF
Class B
Property subtype Office
Lease Type Gross

Additional Details

Highway Access Yes

Building Details

Year Built 1996
Tenancy Multiple

Spaces For Lease

at 14047 W Petronella Dr Contact us

Suite 202B

Size
2,100 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Marling Management, Inc.
Listed By: James (Matt) Marling · License #475.122915
Source: Crexi
Added: Mar 26 Changed: Aug 25 Last Checked: Aug 31 at 7:09AM

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.

Suite 202B is an approximately 2,100 sf office suite available for lease within a Viking Park Business Center building. The space includes four large private offices, a reception/open area, and storage. Shared bathrooms and a kitchenette are available, and the private offices feature large windows and/or skylights for natural light.

The property is located in Libertyville, IL off Bradley Road, with quick access to Routes 176, 43, and 41. The surrounding area is described as part of the affluent North Shore community.

The building is also described as offering the full 3,500 usable sf condo for sale, with Suite 202B as the available lease space. Call for details.

Key Highlights

  • ±2,100 SF office suite (Suite 202B) in 14047 W. Petronella Drive, Libertyville, IL
  • Suite includes 4 large private offices plus reception/open area and storage
  • Shared bathrooms and shared kitchenette available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Bakery Cafe & Coffee Shop Butcher Barber Shop

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

419
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

$17.57 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
2,428 SF
Avg Space Size

This space is priced 29% below the average of $17.57 /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
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Frequently Asked Questions

What type of property is this?
Office units - Lease Suite 202B featuring four private offices, reception/open area, storage, and shared kitchenette and bathrooms.
Where is this office units located?
The property is located at 14047 W Petronella Dr Libertyville, IL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: ±2,100 SF office suite (Suite 202B) in 14047 W. Petronella Drive, Libertyville, IL; Suite includes 4 large private offices plus reception/open area and storage; Shared bathrooms and shared kitchenette available
More about this property
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