Property profile

1881 Industrial Dr Libertyville, IL 60048

OFF-MARKET
Other industrial properties
Property ID
US28-2559817
6,822 SF 0.69 ac lot Built 1987
Trust Owned Free & Clear
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Property summary

AI-generated overview

A flex warehouse property in Libertyville, Illinois offering approximately 5,539 square feet of warehouse space with 20-foot clear ceilings. The warehouse is equipped with an interior truck loading dock and three drive-in doors (two 8-foot doors and one 10-foot door). Interior arrangements include a private restroom and a glass-partitioned area overlooking the main warehouse, accessible from the main vestibule and configured to separate part of the warehouse from the primary operational area. The building also includes approximately 1,600 square feet of second-floor office space, reachable from the main entrance via a dedicated stairway and from the warehouse via a separate dedicated stairway. The office buildout comprises a waiting/reception area with a service window, three private offices, a large open common area, a kitchenette, and two private restrooms; two offices have large windows for natural light, and one office includes a skylight. The property provides on-site surface parking for 16 or more vehicles and is zoned to support uses including manufacturing, construction, printing, industrial and electronic product activities, automotive repair and maintenance (vehicle repair limited), transportation and warehousing, passenger car rental and leasing, assembly, research and development laboratories, light manufacturing, and administrative support services.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Construction FRAME
Total area 6,822 SF
Lot 0.69 ac (30,222 SF)
APN 10-12-201-016
UPID US28-2559817

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Home Decor Store Department Store

Location

1881 Industrial Dr Libertyville, IL 60048-9783
Libertyville metro Census 864110 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2026
2 recorded transactions
2026
Price N/A
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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