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Libertyville Office Building 1900 USG Dr 16,004 SF 100% Leased Office Building Libertyville, IL 60048 $5,932,660 CAD ($370.70 CAD/SF)



EXECUTIVE SUMMARY
FOR SALE – 1900 USG Drive, Libertyville, Illinois
Asking Price: $4,250,000
his freshly renovated office building sits on a prominent corner lot at a signalized intersection, offering excellent visibility and accessibility. The property was renovated in 2017, featuring a new roof, parking lot, landscaping, HVAC controls, and updated common areas. Additional upgrades include RTUs replaced in 2024 and prior roof and parking improvements completed in 2017.
The building offers naming and signage rights, 24-hour access, and professionally managed suites ranging from 1,103 to 3,494 square feet. Tenants enjoy a high parking ratio of 5.0 per 1,000 SF. Current occupancy includes a tenant with an A2 credit rating and 11 years remaining on their lease, ensuring long-term stability. This is an exceptional opportunity to own a modern, well-located office property in Libertyville’s thriving business corridor.
Asking Price: $4,250,000
his freshly renovated office building sits on a prominent corner lot at a signalized intersection, offering excellent visibility and accessibility. The property was renovated in 2017, featuring a new roof, parking lot, landscaping, HVAC controls, and updated common areas. Additional upgrades include RTUs replaced in 2024 and prior roof and parking improvements completed in 2017.
The building offers naming and signage rights, 24-hour access, and professionally managed suites ranging from 1,103 to 3,494 square feet. Tenants enjoy a high parking ratio of 5.0 per 1,000 SF. Current occupancy includes a tenant with an A2 credit rating and 11 years remaining on their lease, ensuring long-term stability. This is an exceptional opportunity to own a modern, well-located office property in Libertyville’s thriving business corridor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
16,004 SF
Building Class
B
Year Built
1997
Price
$5,932,660 CAD
Price Per SF
$370.70 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,004 SF
Building FAR
0.13
Lot Size
2.83 AC
Zoning
O-2
Parking
93 Spaces (5.8 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $434,979 CAD | |
| Land Assessment | $127,842 CAD | Total Assessment | $562,821 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$127,842 CAD
Improvements Assessment
$434,979 CAD
Total Assessment
$562,821 CAD
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Libertyville Office Building | 1900 USG Dr
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