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    Libertyville, IL Office Spaces for Sale

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    Vernon Hills, IL Mundelein, IL Lake Forest, IL
    16 properties
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    Premium Libertyville Office Space Available
    Updated: Feb 17
    Premium Libertyville Office Space Available

    1017/1019 W Park Avenue, Libertyville, IL 60048

    $799,000
    5,000 sqft · 0.10 AC lot
    Prime Libertyville location, minutes from downtown and major thoroughfares.
    Up to 10,000 SF of versatile, premium office space available (2,500 SF per unit, with optional additional 2,500 SF lower level per unit).
    Unit 1017 divided into two suites, one with four private offices, the other with a spacious open office environment.
    Unit 1019 features soaring ceilings and an expansive open‑concept workspace.
    Professionally maintained building with ample parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1017/1019 W Park Avenue, Libertyville, IL 60048

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $69K
      Annual

    • Price @ 7% Cap

      $985K
      Above asking
    View Property Analytics
    Move-In Ready Office Suites
    Updated: Mar 20
    Move-In Ready Office Suites

    28085 N Ashley Circle, Libertyville, IL 60048

    $315,000
    3,000 sqft · 0.92 AC lot
    Move‑in ready, updated office condominium in a desirable North Shore location.
    Seven private, window‑lined offices with views of calming greenspace.
    Direct access to parkside seating and lunch patio overlooking a serene pond.
    Immediate connectivity to TriState Tollway (I94/294) & Route 60 for easy commutes.
    Three expansive common areas suitable for various work styles.
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    Multi-Unit Retail & Drive-In Site
    Multi-Unit Retail & Drive-In Site

    197 Peterson Road, Libertyville, IL 60048

    $1,599,000
    0.69 AC lot

    Five flexible commercial units with substantial parking and 11 drive-in bays for vehicle-accessible retail or service use.

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    Libertyville Office Space Opportunity
    Libertyville Office Space Opportunity

    14047 W Petronella Drive, Libertyville, IL 60048

    $162,000

    Large office space with highway access in Libertyville, Illinois.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Office Condominium Suite with Private Bath
    Office Condominium Suite with Private Bath

    708 Florsheim Drive, Libertyville, IL 60048

    $204,900

    Well-appointed office layout includes kitchenette, reception/copy area, and a private bath.

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    Libertyville Office Space For Sale
    Libertyville Office Space For Sale

    1880 W Winchester Road, Libertyville, IL 60048

    $259,900
    4.39 AC lot

    Spacious office suite with five private offices and ample parking.

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    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons
    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons

    287 Peterson Rd, Libertyville, IL 60048

    $425,000
    2,450 sqft

    Prime Corner Medical / Commercial Property with Exceptional Visibility

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    Prime Libertyville Commercial Property
    Prime Libertyville Commercial Property

    134 S Milwaukee Avenue, Libertyville, IL 60048

    $375,000
    0.10 AC lot

    High-visibility commercial property ideal for office or retail use.

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    Contemporary Office Building with Parking
    Contemporary Office Building with Parking

    326 S Milwaukee Avenue, Libertyville, IL 60048

    $750,000
    2,200 sqft

    Free-standing office building with parking in a high-visibility location.

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    Prime Libertyville Land Parcel
    Prime Libertyville Land Parcel

    1470 N Milwaukee Avenue, Libertyville, IL 60048

    $1,500,000
    1.50 AC lot

    1.5-acre parcel on Milwaukee Avenue, ideal for development.

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    Mixed-Use Trophy Asset in Libertyville
    Mixed-Use Trophy Asset in Libertyville

    545 North Milwaukee Avenue, Libertyville, IL 60048

    $6,995,000
    16,621 sqft

    Premier mixed-use property in Libertyville's vibrant Downtown Core.

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    Prime Libertyville Redevelopment Opportunity
    Prime Libertyville Redevelopment Opportunity

    426 S Milwaukee Avenue, Libertyville, IL 60048

    $1,995,000
    35,542 sqft

    High-visibility commercial land in Libertyville with redevelopment potential.

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    Libertyville Office Condo For Sale
    Libertyville Office Condo For Sale

    14047 W Petronella Dr, Libertyville, IL 60048

    $409,500
    3,500 sqft

    Commercial office condo in Libertyville with income potential.

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    Class A Medical Office Campus
    Class A Medical Office Campus

    1800 & 1900 Hollister Dr, Libertyville, IL 60048

    Contact for pricing
    92,000 sqft

    Two-building medical campus near Advocate Condell Medical Center.

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    Viking Office Park Office Suite
    Viking Office Park Office Suite

    28045 N Ashley Cir, Libertyville, IL 60048

    Contact for pricing
    1,920 sqft

    Bright office space in Libertyville's Viking Office Park.

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    Viking Park Executive Office Suite
    Viking Park Executive Office Suite

    28085 Ashley Cir, Libertyville, IL 60048

    $325,000
    3,000 sqft

    Deluxe office suite in Libertyville's Viking Park Office Complex.

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    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 16 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Leased Ground Retail
    Mixed-Use Building with Leased Ground Retail

    208 N Waukegan Rd, Lake Bluff, IL 60044

    $740,000

    Six residential units above two fully leased commercial spaces provide diversified, long-term income potential.

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    Versatile Retail and Office Building
    Versatile Retail and Office Building

    33 N Waukegan Rd, Lake Bluff, IL 60044

    Contact for pricing
    7,950 sqft

    Freestanding commercial property with strong visibility and easy access on a major Lake County thoroughfare.

    View details
    Libertyville Office/Flex Portfolio For Sale
    Libertyville Office/Flex Portfolio For Sale

    13975 W Polo Trail Dr, Lake Forest, IL 60045

    $3,900,000
    65,836 sqft

    18-property office/flex portfolio in Libertyville's commercial corridor.

    View details
    Office Space in Conway Park
    Office Space in Conway Park

    500 N Field Dr, Lake Forest, IL

    $6,229,680
    33,225 sqft · 7.53 AC lot

    Office space for rent in premier north suburban office development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Downtown Libertyville Lot
    Prime Downtown Libertyville Lot

    121 West Church Street, Libertyville, IL 60048

    Contact for pricing

    Rare opportunity to own a lot in downtown Libertyville.

    View details
    Mundelein Commercial Development Opportunity
    Mundelein Commercial Development Opportunity

    427 E Il Route 83, Mundelein, IL 60060

    $349,900
    1.00 AC lot

    Prime commercial land in Mundelein, seller financing available.

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    Waukegan Land Development Opportunity
    Waukegan Land Development Opportunity

    1213 Grand Avenue, Waukegan, IL 60085

    $559,000
    1.49 AC lot

    Prime vacant land for commercial development in Waukegan, Illinois.

    View details
    Waukegan Land Bundle For Sale
    Waukegan Land Bundle For Sale

    1504 W Glen Flora Avenue, Waukegan, IL 60085

    $499,999
    11.76 AC lot

    Three parcels of land totaling 11.76 acres in Waukegan, IL.

    View details

    Off-Market Properties in Libertyville, IL

    Consider similar Off-Market properties in Libertyville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    19083 Casey Rd
    OFFICE BUILDING

    19083 Casey Rd, Libertyville, IL 60048-1078

    $520,000
    Estimated value
    11,830 sqft · 1.24 AC lot
    View details
    19097 Casey Rd
    OFFICE BUILDING

    19097 Casey Rd, Libertyville, IL 60048-1078

    Value Estimation by Request
    10,800 sqft · 1.03 AC lot
    View details
    33100 Hunt Clb Rd
    OFFICE BUILDING

    33100 Hunt Clb Rd, Libertyville, IL 60048-9755

    Value Estimation by Request
    2,392 sqft · 27.64 AC lot
    View details
    31366 Us Hwy 45
    OFFICE BUILDING

    31366 Us Hwy 45, Libertyville, IL 60048-9444

    Value Estimation by Request
    9,230 sqft · 2.11 AC lot
    View details
    31290 Us Hwy 45th A Ste A
    OFFICE BUILDING

    31290 Us Hwy 45th A Ste A, Libertyville, IL 60048-9784

    $1,665,000
    Estimated value
    17,079 sqft · 3.02 AC lot
    View details
    28085 Ashley Cir
    Office Spaces

    28085 Ashley Cir, Libertyville, IL 60048

    Value Estimation by Request
    3,000 sqft
    View details
    100 Cook Ave
    Office Spaces

    100 Cook Ave, Libertyville, IL 60048

    Value Estimation by Request
    View details
    14047 Petronella Dr
    Office Spaces

    14047 Petronella Dr, Libertyville, IL 60048

    Value Estimation by Request
    View details

    Libertyville, IL Office Spaces Market Trends and Statistics

    Explore 33 office spaces for sale in Libertyville, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 71,313 square feet of properties for sale, with an estimated market value of $12,013,500.

    Sale prices for office spaces in Libertyville, IL start at $315,000, averaging $1,501,687, and reaching up to $6,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 30
    Medical Office Space 18
    Office buildings 13
    Coworking space 8
    Creative space 4

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.4%
    Median Household Income $169,283
    College Educated 50.7%

    High-Yield Neighborhoods for Investment

    Identify Libertyville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60048 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 7.69%
    Property Tax per SF $91.39 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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