1232 American Way Libertyville, IL 60048

3.86 ac lot

Entity Owned 6-yr Hold ~ Est. High Equity

Property ID

US28-5849166

$16 SF/Yr 2,299 SF available

1232 American Way, Libertyville, IL 60048
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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.