732 Florsheim DrLibertyville, IL 60048

For Sale
$564,500

Two suites, 3,340 sq ft, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents two combined executive office suites totaling 3,340 square feet at 732 Florsheim Drive, Libertyville, IL 60048. The property, built in 1997 and renovated the same year, consists of two units (Suite 12 and Suite 14) within a single building. Suite 14, measuring 1,100 square feet, is currently leased to a law firm under a new 5-year modified lease. Suite 12, encompassing 2,240 square feet, is available for leaseback to the buyer. The asking price is $564,500, translating to $169.01 per square foot. The property features custom built-out offices, upgraded high-efficiency heating and cooling systems, custom doors and trim, ample common parking, and network cabling. The building boasts a brick and block exterior with a cedar shake roof. Ceiling heights vary, averaging 9 feet. Electrical service is 100 amps/240 volts for Suite 12 and 200 amps/240 volts for Suite 14. Heating and cooling is provided by a gas forced-air system. The property includes a fully wet sprinkler system. The property is conveniently located near the post office, residential areas, other offices, and shopping. The property's APN is 11-28-403-083. Taxes are $4.10 per square foot, and CAM is $4.15 per square foot. The occupancy date is June 28, 2023. This sale is a sale/leaseback opportunity with a remaining lease term of 5 years.

Highlights

  • Total building size: 3,340 square feet.
  • Suite 12: 2,240 square feet (available for leaseback).
  • Suite 14: 1,100 square feet (5-year lease in place).
  • Property PIN: 11-28-403-083.
  • Building type: Professional office complex.
  • Construction: Brick and block exterior, cedar shake roof.

Property Details for 732 Florsheim Dr

Property type
Other office properties, Office properties
Square Feet
3,340 SF
Class
C
Year Built/Renovated
1997/1997
Buildings
1
Units
2

Location Insight

City
Libertyville
County
Lake
State
Illinois
Latitude
42.258757
Longitude
-87.9453769
732 Florsheim Dr, Libertyville, Illinois

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732 Florsheim Dr
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