For Lease
$21 SF/Yr Modified Gross
289 Peterson Rd, Libertyville, IL 60048
Prime Commercial Office Space for Lease
Space Size1,250 SF
Days on Market408
Property Features for 289 Peterson Rd
General Information
Standard status
Active
Property type
Retail properties & Spaces, Office Spaces, Medical space
Size
1,250 SF
Class
B
Total Parking Spaces
10
Elevators
N/A
Lease Type
Modified Gross
Lease Term
Flexible
Rate Type
Yearly
Building Details
Year Built
1987
Year Renovated
2025
Buildings
1
Stories
1
Listed By:
Muhammad Hafeez Haroon
(847) 312-2159
Added: Sep 2, 2025
Changed: Mar 16
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
509
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Libertyville, IL
$25.25 /SF/Yr
Avg Asking Price
$20–$45 /SF/Yr
Price Range
3,940 SF
Avg Space Size
This space is priced 17% below the average of $25.25 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail property - Prime Commercial Office Space for Lease
Where is this retail property located?
The property is located at 289 Peterson Rd Libertyville, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
