Libertyville, IL Commercial Real Estate for Lease and Sale

Explore 18 listings of Libertyville commercial real estate to find the best space for your business.

547 North Milwaukee Ave.

547 North Milwaukee Ave., Libertyville, IL
Property

Office

5,583 SF
Availability

1 Space

5,538 SF
Year Built

1920
For Lease

$34.00/SF/YR
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IL, Libertyville - S Milwaukee
Regus
611 South Milwaukee Avenue 1st Floor, Libertyville, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Red Top Plaza

1308 South Milwaukee Avenue, Libertyville, IL
Property

Retail

151,840 SF
Availability

4 Spaces

6,100 SF
Year Built

1981
For Lease Contact for pricing
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1639 Northwind Blvd

1639 Northwind Blvd, Libertyville, IL
Property

Office

6,000 SF
Year Built

2008
For Sale Contact for pricing
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Innovation Park

1950 Innovation Way, Libertyville, IL
Property

Office

1,136,311 SF
Availability

1 Space

25,000 SF
Year Built

1992
For Lease Contact for pricing
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1800 & 1900 Hollister Drive

1800 & 1900 Hollister Dr, Libertyville, IL
Property

Office

92,000 SF
Availability

11 Spaces

20,867 SF
For Lease Contact for pricing
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30,845 SF Available for Sublease in Libertyville

1480 Harris Rd, Libertyville, IL
Property

Industrial

142,290 SF
Availability

1 Space

30,845 SF
For Lease Contact for pricing
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Mellody Farm

851-1101 Milwaukee Ave, Mettawa, Vernon Hills, IL
Property

Retail
Availability

2 Spaces

1,181 SF
For Lease Contact for pricing
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Adler Square

1742-1768 North Milwaukee Avenue , Libertyville, IL
Property

Retail

19,495 SF
Availability

2 Spaces

10,026 SF
Year Built

2003
For Lease Contact for pricing
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207 Peterson Rd

213 Peterson Rd, Libertyville, IL
Property

Retail

5,278 SF
Availability

2 Spaces

1,610 SF
For Lease

$14.77 - $15.00/SF/YR
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1930 Innovation Way
Warespace
1930 Innovation Way, Libertyville, IL
Services

Meeting Room

Private Office
Amenities

24/7 security

Business address

Heating & A/C

High-speed wifi

Kitchen

Loading docks

Lounge area
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1880 West Winchester Road

1880 West Winchester Road, Libertyville, IL
Property

Office

1,954 SF
For Sale

$295,000
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Butterfield Square

1451 Peterson Road, Libertyville, IL
Property

Retail

106,683 SF
Availability

7 Spaces

26,222 SF
Year Built

1995
For Lease Contact for pricing
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Libertyville 45 Corporate Center - Building B

1850 U.S. 45, Libertyville, IL
Property

Industrial

169,065 SF
Availability

1 Space

169,065 SF
Year Built

2024
For Lease Contact for pricing
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Libertyville Business Park

Midlothian Road and Peterson Road, Libertyville, IL
Property

Unassigned
For Sale Contact for pricing
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Libertyville 45 Corporate Center - Building A

1900 U.S. 45, Libertyville, IL
Property

Industrial

165,234 SF
Availability

1 Space

165,234 SF
Year Built

2024
For Lease Contact for pricing
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Mallory Business Park

Route 137 & Midlotian Rd, Libertyville, IL
Property

VacantLand

70 Acre
For Sale Contact for pricing
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SEC 176 & Milwaukee Avenue

SEC 176 & Milwaukee Avenue, Libertyville, IL
Property

VacantLand

1.07 Acre
Availability

1 Space

1.07 Acre
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Libertyville commercial real estate market incorporates 1,241,848 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Libertyville commercial real estate market includes 283,296 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Libertyville market, there is a total of 476,589 square feet of industrial property.

The listing inventory in Libertyville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Libertyville is represented by Industrial space, which accounts for 365,144 square feet of available listings. Office space available in Libertyville adds up to 51,405 square feet.

Meanwhile, most of the listings of commercial property for sale in Libertyville are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Libertyville, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot.

The average size of a commercial property in Libertyville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Libertyville, the average size of an office property is 248,370 square feet.
Retail properties here incorporate an average of 70,824 square feet.
Industrial space in Libertyville is in buildings that are, on average 158,863 square feet in size.

Libertyville, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Libertyville currently add up to 508,297 square feet. The market offers 3 active office listing(s), which amount to 51,405 square feet and account for 23% of commercial spaces on the market. Local retail availability includes 45,139 square feet across 6 retail space(s). Industrial space for rent opportunities in Libertyville amount to 365,144 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	51,405
Retail	6	45,139
Industrial	3	365,144
Other	1	46,609

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Libertyville, IL. Currently, there is 8,024 square feet of commercial property for sale here , which includes 2 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	2	7,954
Other	1	70

Libertyville, IL Commercial Real Estate for Lease and Sale

547 North Milwaukee Ave.

IL, Libertyville - S Milwaukee

Red Top Plaza

1639 Northwind Blvd

Innovation Park

1800 & 1900 Hollister Drive

30,845 SF Available for Sublease in Libertyville

Mellody Farm

Adler Square

207 Peterson Rd

1930 Innovation Way

1880 West Winchester Road

Butterfield Square

Libertyville 45 Corporate Center - Building B

Libertyville Business Park

Libertyville 45 Corporate Center - Building A

Mallory Business Park

SEC 176 & Milwaukee Avenue

Frequently Asked Questions

Libertyville, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Libertyville, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Libertyville, IL?

What factors affect the price of commercial real estate in Libertyville, IL?

What are the best areas for commercial real estate in Libertyville, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Libertyville, IL?

Libertyville, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us