1880 W Winchester Road Unit #204, Libertyville, Illinois 60048

$275,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$275,000
MLS#
12731682
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
County
Lake
City
Libertyville
Neighborhood
Green Oaks / Libertyville
Days On Market
13

Property Description

Vacant 1,954 SF office condominium in west Libertyville, offered at $275,000 - about $141 per square foot - with immediate occupancy. Four private offices (20x14, 18x12, 18x12 and 16x11), an 18x13 conference room set behind french doors, a 30x11 reception and waiting area, an 18x8 kitchen/breakroom, a 10x9 storage room, two closets and two private restrooms inside the suite. Carpet, paint, ceiling tiles and lighting all show as recently refreshed, so the space is ready to occupy with no buildout. The plan is unusually efficient for its size. Labeled rooms account for roughly 1,686 SF of the 1,954 SF, leaving small ammount for restrooms, closets and circulation, where many 2,000 SF suites give up a quarter or more. Five closed doors plus a thirty-foot reception in under 2,000 feet is an efficient layout, not a chopped-up one. The floor plan labels all five closed rooms as offices, so a buyer who wants a fifth private office and prefers to meet in the reception area can use it that way without moving a wall. Suite 204 sits on the second floor of a well-maintained 2003 two-story elevator building with common on-site parking. The association covers roof, exterior, landscaping, snow removal and common areas for $358 per month ($4,296 per year). Real estate taxes were $6,553 in 2024 and $7,010 in 2023. Taxes plus assessment total $10,849 per year, or $5.55 per square foot. Zoned O-2, Office, Manufacturing and Distribution Park District, Village of Libertyville. Offices of physicians, offices of dentists, offices of other health practitioners, and medical and diagnostic laboratories are permitted by right, not by special use hearing. Legal, accounting, engineering, architectural, computer systems design, advertising, employment services and management-of-companies offices are on the same by-right list, along with child day care services, shared workspaces and outpatient sleep disorder clinics. For a medical or dental buyer this removes the entitlement risk that stalls most small office deals. PIN 11-18-100-059. Located on the north side of West Winchester Road minutes from downtown Libertyville, with direct access to Milwaukee Avenue (Route 21), Route 137 (Peterson Road), Butterfield Road and US Route 45; I-94 is a short drive east via Route 137. The corridor is Libertyville's established business-park spine. Trade area draws from Libertyville, Mundelein, Vernon Hills, Green Oaks, Grayslake, Gurnee, Lake Forest and Lake Bluff. Ideal for an owner-user professional or medical practice trading out of a lease. Square footage, room dimensions, taxes, assessments and zoning are seller-provided or drawn from public record and must be independently verified by buyer in due diligence. Buyer to confirm use and parking with the Village of Libertyville and review the condominium declaration, bylaws and budget.

Additional Information

Tax Year
2024
Year Built
2003
Lot Dimensions
COMMON
Air Conditioning
Central Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.