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Newly Renovated Warehouse

1940 Usg Dr, Libertyville, IL 60048

For Lease
Contact for pricing

Industrial sublease space supports warehousing, manufacturing, and distribution operations.

Space Size48,529 SF
Days on Market52

Property Features for 1940 Usg Dr

General Information

Standard status Active
Size 48,529 SF
Class B
Property subtype industrial

Additional Details

Sublease Yes

Spaces For Lease

at 1940 Usg Dr
Available Space Immediate
Floor 1
Size 48,529 SF
Term Negotiable
Sublease Yes
Contact us
Listing Agency: Chicago
Listed By: Michael Connor · License #475.154748
Source: Property.jll
Added: Sep 19 Changed: Nov 8 Last Checked: Nov 8 at 2:15AM

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 Chicago

Rey
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Investment Insights

Based on property information with market context.

The warehouse at 1940 USG Drive provides 48,529 square feet of newly renovated industrial space. The property is offered for sublease and is suited to warehousing, manufacturing, and distribution uses.

Located in Libertyville within the Lake County submarket, the facility benefits from access to major transportation routes and an established industrial setting. Its address is 1940 USG Drive, Libertyville, IL 60048.

Key Highlights

  • 48,529‑square‑foot warehouse
  • Newly renovated industrial space
  • Available for sublease

Property Analytics

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

Current Use

Manufacturing properties

Suggested Use

Top Pick Restaurant Auto Parts Store Storage Facility Parking Lot & Garage Grocery & Convenience Store Electrical Service

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

571
Businesses Nearby
Balanced
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
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Market

Properties on Market for Warehouses 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

Similar Off Market Nearby

  • Public Storage — 1950 Kelley Ct, Libertyville, IL 60048

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial sublease space supports warehousing, manufacturing, and distribution operations.
Where is this warehouse located?
The property is located at 1940 Usg Dr Libertyville, IL.
What are key features of this property?
This property features: 48,529‑square‑foot warehouse; Newly renovated industrial space; Available for sublease
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