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Flex Warehouse with Office

1881 Industrial Drive, Libertyville, IL 60048

For Lease
New
$12 SF/Yr NNN

A two-level layout combines warehouse operations with a separately accessed office suite and on-site parking.

Space SizeContact for details
Property Size7,139 SF
Days on Market3

Property Features for 1881 Industrial Drive

General Information

Standard status Active
Size 7,139 SF
Total Parking Spaces 16
Property subtype Warehouse
Lease Type NNN
Lease Term 1 to 10 years

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 5,539 SF
Office Build-Out 1,600 SF
Dock-High Doors 1
Drive-In Doors 3

Additional Details

Space Use Flex

Amenities

private restroom
glass-partitioned area
service window
kitchenette
skylight

Building Details

Building Size 7,139 SF
Listing Agency: RE/MAX
Listed By: Jason Bitton · License IL #475170841
Source: Remaxcommercial
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 10 at 5:04AM

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 RE/MAX

Rey
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Investment Insights

Based on property information with market context.

The 5,539 SF warehouse has 20' clear ceilings, an interior truck dock, and three 10' wide drive-in doors: two 8' high and one 10' high. A private restroom and glass-partitioned area overlooking the warehouse provide additional interior features. Approximately 1,600 SF of second-floor offices connect to the main entrance and warehouse by separate stairways. The office area includes reception with a service window, three private offices, an open common area, kitchenette, and two private restrooms; two offices have large windows, and one has a skylight. On-site surface parking accommodates 16+ vehicles.

Listed zoning uses include manufacturing, construction, printing, industrial activity, computer and electronic product work, vehicle repair and maintenance, transportation and warehousing, passenger car rental and leasing, assembly, research and development laboratories, light manufacturing, and administrative support services.

Key Highlights

  • 5,539 SF warehouse with 20' clear ceilings
  • Interior truck dock and three 10' wide drive‑in doors: two 8' high and one 10' high
  • Approximately 1,600 SF of second‑floor office space with separate stair access from the entrance and warehouse

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Pharmacy Real Estate Agency Storage Facility Plumbing Service Grocery & Convenience 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

20 ft
Clear height
1
Dock-high doors
3
Drive-in doors
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Flex space in Lake County, IL

$15.03 Jul
$15.24 Aug
$14.1 Sep
$14.27 Oct

Properties on Market for Flex space in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A two-level layout combines warehouse operations with a separately accessed office suite and on-site parking.
Where is this flex space located?
The property is located at 1881 Industrial Drive Libertyville, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,539 SF warehouse with 20' clear ceilings; Interior truck dock and three 10' wide drive‑in doors: two 8' high and one 10' high; Approximately 1,600 SF of second‑floor office space with separate stair access from the entrance and warehouse
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