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Light-Filled Office Suite with Three Offices
For Sale
$162,000

14047 W Petronella Drive, Libertyville, IL 60048

COMMERCIAL - Libertyville, IL

Property SizeContact for details
Days on Market95

Property Features for 14047 W Petronella Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions East on 176 to Bradley. South on Bradley to Petronella. West on Petronella to building.
Subdivision Green Oaks / Libertyville
Standard status Active
APN 11234010510000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5452

Utilities

Cooling system Central Air

Building Details

Year built 1994
Floors in Building 2
Number of units 8
Flooring type Carpet, Varies
Building materials Brick
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Erin Stout · License #471021026
Added: May 6 Changed: Aug 4 Last Checked: Aug 8 at 11:06AM
MLS# 12640017

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale office suite is configured with three generous private offices and an open, versatile main area that can be adapted to your workflow. The space is described as light-filled, creating a bright environment for daily operations. With the layout functioning as a blank canvas, it supports a range of office uses depending on tenant needs.

Located at 14047 W Petronella Drive in Libertyville, Illinois, the property is positioned for convenient access to major highways. The listing is presented under zoning COMMR.

For tenants, this configuration fits well for teams that need dedicated private offices alongside an adaptable open workspace for collaboration, workstations, or supporting functions. For buyers and operators, the combination of private rooms and an open area provides straightforward options for customizing the office setting without requiring a complete redesign of the core plan. If you are evaluating an office option in Libertyville and want a layout that can be tailored to your business, this suite’s existing room count and open versatility are practical starting points.

Key Highlights

  • Brick building with central air cooling
  • Year built 1994
  • Suite includes three private offices and an open, versatile layout

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

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

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?
Office units - Light-filled office suite with three private offices and an open layout for flexible workplace planning.
Where is this office units located?
The property is located at 14047 W Petronella Drive Libertyville, IL.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: Brick building with central air cooling; Year built 1994; Suite includes three private offices and an open, versatile layout
More about this property
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