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Modern Office Building with Pond
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950 Technology Way, Libertyville, IL 60048

Modern office building in a campus-like setting featuring an on-site pond and access to major interstate routes.

Property Size2,253 SF
Days on Market1255

Property Features for 950 Technology Way

General Information

Standard status Active
Size 2,253 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: CBRE | Chicago
Listed By: Rob Graham
Source: Moodyscre
Added: Feb 21, 2023 Changed: Jul 29 Last Checked: Jul 30 at 2:00PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This modern office building offers approximately 2,253 rentable square feet and is set within a campus-like setting. A scenic pond sits at the south end of the building, creating a distinct landscape feature within the property.

The building is adjacent to Pine Meadow Golf Club to the east. Convenient access to I-94 supports regional travel, and the property is located within 25 miles of Chicago’s O’Hare International Airport and 45 miles from the Loop. Area hotels, restaurants, and health clubs are also nearby.

For tenants seeking a streamlined office environment with an outdoor setting, the campus-style configuration and on-site pond provide a memorable backdrop for day-to-day operations.

Key Highlights

  • Modern office building in a campus‑like setting
  • On‑site pond at the south end of the building
  • Adjacent Pine Meadow Golf Club to the east, annually ranked among the top 10 public access courses in Illinois

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Building Supply Auto Parts Store Real Estate Agency Auto Repair Shop Nail Salon

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

552
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
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Frequently Asked Questions

What type of property is this?
Office building - Modern office building in a campus-like setting featuring an on-site pond and access to major interstate routes.
Where is this office building located?
The property is located at 950 Technology Way Libertyville, IL.
What are key features of this property?
This property features: Modern office building in a campus‑like setting; On‑site pond at the south end of the building; Adjacent Pine Meadow Golf Club to the east, annually ranked among the top 10 public access courses in Illinois
(708) 284-5316 Call to check price and availability
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