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Office Unit with Private Offices
For Lease
$12 SF/Yr NNN

303 E Park Ave Unit 104, Libertyville, IL 60048

Flexible office layout with reception, kitchenette, two washrooms, and client parking in the downtown Libertyville area.

Space SizeContact for details
Days on Market49

Property Features for 303 E Park Ave Unit 104

General Information

Standard status Active

Building Details

Year Built 1974
Listing Agency: HomeSmart Connect LLC
Listed By: Desi Zamora · License #475185050
Source: Bktchicago
Added: Sep 2 Changed: Oct 10 Last Checked: Oct 7 at 2:44PM

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 HomeSmart Connect LLC

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Investment Insights

Based on property information with market context.

Office Unit 104 at 303 E Park Ave provides a ready-to-use professional workspace under an NNN lease. The layout includes 3 private offices and an additional large room that can serve as an executive office, conference room, or other workspace. Existing improvements include a receptionist desk, kitchenette, and 2 washrooms.

The property is in the downtown Libertyville area, within walking distance of downtown shops and restaurants. A large parking lot is available for clients and customers. The space may accommodate medical, legal, or other professional office uses. The building was constructed in 1974.

Key Highlights

  • 3 private offices plus an additional large room
  • Receptionist desk, kitchenette, and 2 washrooms in place
  • NNN lease structure

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Hotel & Motel (Bike/Boat/Book/etc) Store Auto Parts Store Bakery

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

789
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
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Market

Lease Benchmarks for Libertyville, IL

$13.54 /SF/Yr
Avg Asking Price
$3.6–$24 /SF/Yr
Price Range
2,929 SF
Avg Space Size

This space is priced 11% below the average of $13.54 /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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office layout with reception, kitchenette, two washrooms, and client parking in the downtown Libertyville area.
Where is this office unit located?
The property is located at 303 E Park Ave Unit 104 Libertyville, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3 private offices plus an additional large room; Receptionist desk, kitchenette, and 2 washrooms in place; NNN lease structure
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