1232 American Way Libertyville, IL 60048

Property Details for 1232 American Way

Lot size

3.86 lot acres

Property type

Industrial properties

APN

11-07-301-007

APU

1107301007

Description

This exceptional two-story, 22,800-square-foot Class B office complex in Libertyville, IL (60048), offers multiple suites ideal for medical, creative, or professional services. Located at 1232-1284 American Way, near RT 45 & American Way, this property boasts 9,325 square feet of immediately available space, divisible to a minimum of 1,200 square feet and with a maximum contiguous space of 3,032 square feet. Four total suites are available, ranging in size to accommodate various business needs. The building, constructed in 2005, sits on a 3.76-acre lot and features ample parking (8.06 spaces per 1,000 square feet, with over 100 open spaces). Its convenient location offers easy access to major transportation arteries, including Interstate I-94 and both Libertyville and Mundelein Metra stations. The property is zoned O-2 Office and is situated near prominent medical facilities such as the Encompass Rehab Center and Advocate Condell Hospital. Lease rates, modified gross, range from $16 to $24 per square foot and include base rent, taxes, and common area maintenance. Utilities are the responsibility of the tenant. The property's APN is 11-07-301-007 and is situated in the Lake County submarket. Available spaces include a 1,700-square-foot former therapy suite, a 2,294-square-foot executive office space, a 2,300-square-foot creative loft space, and a fully built-out 3,032-square-foot medical suite. This well-maintained complex presents a prime opportunity for businesses seeking a strategic location and versatile office space.

Location Insight

City

Libertyville

County

Lake

State

Illinois

Longitude

-88.0022

Latitude

42.3002

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments