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    Libertyville, IL Office Units for Sale

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    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons
    Updated: Sep 2, 2025
    287 Peterson Rd. Libertyville, IL 60048 - Peterson Commons

    287 Peterson Rd, Libertyville, IL 60048

    $425,000
    2,450 sqft
    High‑Traffic, Established Commercial Center
    Recently Renovated, Corner Lot, Ample Parking, diverse mix of established businesses, creating consistent daily activity and a steady flow of customer traffic, Prime location with an average of ~ 32,000 VPD.
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    This listing looks promising.

    Here's a quick look at some key insights for

    287 Peterson Rd, Libertyville, IL 60048

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Mortgage

      $270K
      May 2024

    • Last Sold

      Aug 2025
      $188K
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    Two-Unit Office Suites with Central Air
    Updated: Feb 17
    Two-Unit Office Suites with Central Air

    1017/1019 W Park Avenue, Libertyville, IL 60048

    $799,000
    0.10 AC lot
    Units 1017 and 1019 each offer approx 2,500 SF on the main level
    Optional additional approx 2,500 SF each available on the lower level
    Total up to 10,000 SF of flexible office space across both units
    Unit 1017: two separate suites connected by a hallway plus two private restrooms
    Unit 1019: soaring ceilings, three private offices, expansive open‑concept workspace
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    Office Unit With Private Offices
    Office Unit With Private Offices

    28085 N Ashley Circle, Libertyville, IL 60048

    $315,000
    0.92 AC lot

    Updated office condominium with natural light, shared work areas, a kitchenette, and direct access to landscaped outdoor seating.

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    Shopping Center With Drive-In Bays
    Shopping Center With Drive-In Bays

    197 Peterson Road, Libertyville, IL 60048

    $1,599,000
    0.69 AC lot

    Brick commercial property with flexible retail, service, and office configurations near an expressway.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Professional Office Suites with Private Restrooms
    Professional Office Suites with Private Restrooms

    1017/1019 W Park Avenue, Libertyville, IL 60048

    $799,000
    5,000 sqft

    Two professionally maintained office suites with private restrooms, offering main-level space plus optional lower-level expansion.

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    Light-Filled Office Suite with Three Offices
    Light-Filled Office Suite with Three Offices

    14047 W Petronella Drive, Libertyville, IL 60048

    $162,000

    Light-filled office suite with three private offices and an open layout for flexible workplace planning.

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    Office Suite in Elevator Building
    Office Suite in Elevator Building

    1880 W Winchester Road, Libertyville, IL 60048

    $259,900
    4.39 AC lot

    Office suite with five private offices, reception area, kitchen, storage, and two bathrooms in a centrally cooled elevator building.

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    Brick Office Units with Private Bath
    Brick Office Units with Private Bath

    708 Florsheim Drive, Libertyville, IL 60048

    $202,900

    Brick office units built in 2000 with central air, carpet flooring, and dedicated reception, kitchen, and bath areas.

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    First-Floor Office Unit
    First-Floor Office Unit

    121 W Church Street #2, Libertyville, IL 60048

    $1,500,000
    2,000 sqft

    First-floor office unit in a new custom-built building in downtown Libertyville.

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    Updated Office Condominium
    Updated Office Condominium

    28085 N Ashley Circle, Libertyville, IL 60048

    $315,000
    20,000 sqft

    Light-filled professional suite with private offices, shared work areas, skylights, kitchenette, storage, and landscaped outdoor seating.

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    Second-Floor Office Condo
    Second-Floor Office Condo

    1880 W Winchester Road #206, Libertyville, IL 60048

    Contact for pricing
    2,200 sqft

    Configured with seven private offices, a conference room, kitchenette, storage, and two bathrooms.

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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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    Libertyville Office Condo For Sale
    Libertyville Office Condo For Sale

    14047 W Petronella Dr, Libertyville, IL 60048

    Contact for pricing
    3,500 sqft

    Commercial office condo in Libertyville with income potential.

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    Move-In Ready Office Condominium Suite
    Move-In Ready Office Condominium Suite

    28045 Ashley Cir, Libertyville, IL 60048

    Contact for pricing
    20,000 sqft

    Updated office suite with seven private offices, a skylit conference room, kitchenette, and two restrooms.

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    Office Suite with Three Offices
    Office Suite with Three Offices

    14047 W Petronella Drive #201, Libertyville, IL 60048

    $162,000

    Light-filled office suite includes three private offices and an open layout for flexible workspace planning.

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    Office Suite in Elevator Building
    Office Suite in Elevator Building

    1880 W Winchester Road #204, Libertyville, IL 60048

    $259,900

    Office suite with five private offices, reception area, kitchen, storage, and two bathrooms in a well-maintained elevator building.

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    Multi-Unit Office Building
    Multi-Unit Office Building

    128 Newberry Avenue, Libertyville, IL 60048

    Contact for pricing

    Multi-unit office property with eight small suites and ample parking for employees and clients.

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    Viking Park Executive Office Suite
    Viking Park Executive Office Suite

    28085 Ashley Cir, Libertyville, IL 60048

    Contact for pricing
    3,000 sqft

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

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Libertyville, IL, we suggest to view alternatives - similar 1 Off-Market properties to explore as potential leads.

    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.

    732 Libertyville Il
    Office Units

    732 Libertyville Il, Libertyville, IL 60048

    Value Estimation by Request
    1,430 sqft
    View details

    Libertyville, IL Office Units Market Trends and Statistics

    Explore 19 office units for sale in Libertyville, IL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 60,070 square feet of properties for sale, with an estimated market value of $6,798,700.

    Sale prices for office units in Libertyville, IL start at $162,000, averaging $566,558, and reaching up to $1,599,000 — 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 36
    Medical Office Space 17
    Office buildings 13
    Coworking space 5
    Creative space 1

    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 $589.4K

    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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