1232 American Way, Unit 1264 Libertyville, IL 60048
Property profile & analytics
1232 American Way, Unit 1264, Libertyville, IL 60048
- Industrial properties
- 3.86 lot acres
Property ID
US28-5849166
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,815,000
- ML approach
- $4,885,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- 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
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$63,768
$272,134
$557,416
$829,550
-
$816,484
$1,672,415
$2,488,899
