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1880 W Winchester Rd Unit 204 , Libertyville, IL 60048
$275,000
Est. Payment: $1,485.60/mo
1954 Sqft
4.39 Acres
Status: closed | Days on site: 22
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House 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.

Highlights

Listed by Jason Bitton , 847-858-2909 RE/MAX Suburban , 847-367-8686. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
4.39

Year Built

2003

County

Lake

Area

Green Oaks / Libertyville

Listing ID

12731682

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Carpet,Tile

Exterior Features

Lot Dimensions:COMMON
Zoning:OFFIC
Parking Features:Over 100 Spaces,Common Parking,Lighted,Paved,Private Lot
Principal Interest
$1,486
Taxes
$546

Home Price

$275,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$55,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,485.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,485.60 $546.08 $0.00 $2,031.68
Yearly $17,827.17 $6,553.00 $0.00 $24,380.17
Total $534,815.14 $196,590.00 $0.00 $731,405.14
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Libertyville, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-11-02T21:23:08.000Z

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