1880 W Winchester Rd, Suite 204 $275,000 $141 / SF On 1,954 SF Request a Tour
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Four offices, a french-door conference room, nothing to build

1880 W Winchester Rd, Suite 204Libertyville, IL 60048

Vacant 1,954 SF office condominium — four private offices, an 18' x 13' conference room behind french doors, and a 30-foot reception. $275,000, immediate occupancy.

1880 W Winchester Rd, Suite 204 — 1,954 SF Office Condo for Sale, Libertyville IL
$275,000
Offered
1,954 SF
Building
2003
Year Built
O-2, Village of Libertyville
Libertyville
$141 / SF
On 1,954 SF
4 + 1
Private Offices + Conference Room
18' x 13'
Conference Room · French Doors
Vacant
Occupancy · Immediate
$358/mo
Association Assessment
O-2
Medical & Professional Office By Right
01 · The Offering

Four offices, a french-door conference room, nothing to build

Suite 204 at 1880 W Winchester Road is a 1,954 SF office condominium for sale at $275,000 — about $141 per square foot — and it is completely vacant. The plan runs four private offices (20' x 14', 18' x 12', 18' x 12' and 16' x 11'), an 18' x 13' conference room behind french doors, a 30' x 11' reception and waiting area, an 18' x 8' kitchen/breakroom, a 10' x 9' storage room, two closets and two private restrooms inside the suite. Carpet, paint, ceiling tiles and lighting all show as recently refreshed. It sits on the second floor of a well-maintained two-story elevator building with common on-site parking, and it can be occupied the day it closes.

Most professional firms at this size are choosing between two bad options: keep renting in someone else's building, where the rent escalates every year and nothing accrues at the end of it, or buy a whole freestanding office building — more space than a four-person practice needs, at several times the price. This is the middle. You own 1,954 SF outright for $275,000, and the association handles the roof, the exterior, the landscaping, the snow and the common areas for $358 a month. Because the suite is empty, there is no demolition, no tenant to relocate and no existing furniture plan to design around.

What makes the plan unusual at this size is how little of it is hallway. The five closed rooms — four offices and the conference room — total roughly 1,122 SF, and the labeled rooms including reception, breakroom and storage come to about 1,686 SF of the 1,954. That leaves roughly 14 percent for restrooms, closets and circulation, where a lot of 2,000 SF suites give up a quarter or more. Five closed doors and a 30-foot reception in under 2,000 feet is an efficient plan, not a chopped-up one. There is also room to read it differently: the floor plan labels all five rooms as offices, and it is the french doors that make the 18' x 13' the natural conference room — so a firm that would rather have five private offices and take meetings in the reception area can do that without moving a wall.

The zoning is the part most buyers assume they will have to fight for, and here they do not. The property is in Libertyville's O-2 Office, Manufacturing and Distribution Park District, where offices of physicians, offices of dentists, offices of other health practitioners, and medical and diagnostic laboratories are all permitted uses — by right, not by 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. Buyer to verify all uses with the Village of Libertyville and review the condominium declaration in due diligence.

See it in motion

03 · The Space

Property highlights

1,954 SF of finished second-floor office — four private offices up to 20' x 14', an 18' x 13' conference room behind french doors, a 30' x 11' reception, an 18' x 8' kitchen/breakroom, storage and two private restrooms — completely empty, with carpet, paint, ceiling tiles and lighting all recently refreshed.

18' x 13' · 234 SF

Conference room behind french doors

French doors make this the meeting room without anyone having to build one. The floor plan labels it Office like the other four, so a firm that needs a fifth private office instead can simply use it that way.

20' x 14' · 280 SF

Largest private office

The biggest room in the suite, and the natural principal or partner office.

18' x 12' · 216 SF

Private office

West side of the suite, next to the largest office.

18' x 12' · 216 SF

Private office

East side of the suite, off the reception corridor with two closets alongside it.

16' x 11' · 176 SF

Private office

The smallest of the four, at the south end of the suite.

30' x 11' · 330 SF

Reception and waiting area

Thirty feet of front-of-house — room for a reception desk and a real waiting area, not a vestibule.

18' x 8' · 144 SF

Kitchen / breakroom

Built-in counter and sink per the floor plan.

10' x 9' · 90 SF

Storage room

A dedicated, enclosed storage room — files and supplies stay out of the offices.

Inside the suite

Two private restrooms, two closets

Both restrooms are within Suite 204, not down a shared corridor — a practical advantage for any client-facing or medical user, and one fewer buildout item to solve.

1,686 SF labeled of 1,954 SF

Only about 14% is circulation

The four offices, the conference room, reception, breakroom and storage account for roughly 1,686 SF, leaving about 268 SF for restrooms, closets and hallway. Many 2,000 SF suites give up a quarter or more. Buyer to verify all dimensions in due diligence.

1,954 SF professional office condominium — $275,000, about $141/SFVacant and available for immediate occupancyFour private offices: 20' x 14', 18' x 12', 18' x 12' and 16' x 11'18' x 13' conference room behind french doors — nothing to buildFive closed rooms in all; the plan labels the conference room as an office, so a fifth private office is an option30' x 11' reception and waiting area, 18' x 8' kitchen/breakroom, 10' x 9' storageTwo private restrooms inside the suite, plus two closetsEfficient plan — about 1,686 SF of the 1,954 is labeled rooms, roughly 14% circulationRecently refreshed interior — newer-looking carpet, paint, ceiling tiles and lightingSecond floor of a well-maintained 2003 elevator building, common on-site parkingAssociation assessment $358/month — landscaping, snow removal, common-area maintenanceO-2 zoning: professional AND medical offices permitted by right, not by hearingTax code 11038 composite rate 7.462% (2025) vs. a 9.06% Lake County median Four Private OfficesFrench-Door Conference RoomVacant — Immediate Occupancy30' x 11' ReceptionTwo Private RestroomsElevator BuildingMedical Office By RightAssociation-Maintained
Floor Plan

Layout at a glance

Download Floor Plan (PDF) ↓

Schematic; dimensions approximate; buyer to verify.

04 · The Numbers

What it costs to own

Asking price, the two most recent tax years and the association assessment — plus two public records worth checking before you underwrite it. All figures seller-provided or estimated; buyer to verify in due diligence.

Price, Taxes and Assessment
Line ItemAmountPer SF / Year
Asking Price$275,000$141 / SF
Real Estate Taxes (2024)$6,553$3.35
Real Estate Taxes (2023)$7,010$3.59
Association Assessment$4,296 / yr ($358 / mo)$2.20
Taxes + Assessment$10,849 / yr$5.55

Two public records that bear on the carrying cost. First, the unit's tax code is 11038, whose 2025 composite rate is 7.462% per the Lake County Clerk — well below the 9.06% median across 276 Lake County tax codes, so the tax load here is on the light end for the county. Second, the Lake County Assessor carries Suite 204 at an equalized assessed value of $87,946 (Lake County GIS), which at Illinois' 33 1/3% commercial assessment level implies a market value near $264,000 — within roughly 4% of the asking price. Real estate taxes fell from $7,010 in 2023 to $6,553 in 2024, a decrease of $457 or 6.5%. Taxes, assessments, room dimensions and square footage are seller-provided or drawn from public record and must be independently verified by buyer in due diligence; a single year's assessment or rate is not a forecast of future bills.

Permitted Uses

Ideal uses under O-2, Village of Libertyville

Well suited to a range of approved uses under O-2, Village of Libertyville zoning — confirm your specific use and parking with the municipality.

Professional OfficeMedical OfficeDental OfficeOther Health PractitionersMedical & Diagnostic LaboratoryLaw OfficeAccounting / CPA / TaxEngineering & ArchitecturalComputer Systems DesignAdvertising & Public RelationsInsurance & FinancialEmployment / StaffingCorporate & Administrative OfficeShared Workspace / CoworkingChild Day Care ServicesScientific Research & Development

Check any address against the village code with the Commercial Zoning Lookup →

05 · Location

Location & surroundings

1880 W Winchester Road sits on the north side of W Winchester Road in west Libertyville, minutes from downtown, with direct access to Milwaukee Avenue (Route 21), Route 137 (Peterson Road), Butterfield Road and US Route 45. The corridor is Libertyville's established business-park spine — the surrounding O-2 district runs along Winchester Road past Technology Way, USG Drive and Innovation Way. I-94 is a short drive east via Route 137. The trade area draws from Libertyville, Mundelein, Vernon Hills, Green Oaks, Grayslake, Gurnee, Lake Forest and Lake Bluff, on one of Lake County's strongest daytime business and residential bases.

Buyer Questions

Buyer questions

What is the asking price for Suite 204 at 1880 W Winchester Road?+

$275,000 — about $141 per square foot on 1,954 SF. The sale is offered to an owner-user and the suite is vacant, so occupancy is immediate. Contact Jason Bitton at (847) 858-2909 for the full offering details. All figures seller-provided or estimated; buyer to verify in due diligence.

How many private offices does Suite 204 have, and is there a conference room?+

Four private offices — 20' x 14', 18' x 12', 18' x 12' and 16' x 11' — plus an 18' x 13' conference room behind french doors. That is five closed rooms totalling roughly 1,122 SF. The floor plan labels all five as offices, so a firm that would rather have five private offices and take meetings in the 30' x 11' reception area can use it that way. The 20' x 14' is the largest room in the suite. The suite also has an 18' x 8' kitchen/breakroom, a 10' x 9' storage room, two closets and two private restrooms. Buyer to verify all dimensions in due diligence.

What uses are permitted at 1880 W Winchester Rd, Suite 204, Libertyville?+

The property is zoned O-2 Office, Manufacturing and Distribution Park District (Village of Libertyville Code Ch. 26, Sec. 26-6-3; codified through Ord. No. 25-O-43, enacted August 12, 2025, Supp. No. 61). Permitted as of right under Sec. 26-6-3.2: offices of physicians, offices of dentists, offices of other health practitioners, medical and diagnostic laboratories, outpatient sleep disorder clinics, legal services, accounting and tax preparation, architectural and engineering services, computer systems design, advertising and public relations, financial and insurance, management of companies, office administrative and business support services, employment services, scientific research and development, shared workspaces, and child day care services. Veterinary services, pharmacies and fitness centers require a special use permit under Sec. 26-16-9 and are not guaranteed. The condominium declaration may further limit uses within the building. Buyer to verify all uses independently with the Village of Libertyville before purchase.

What are the taxes and the association assessment on this office condo?+

Real estate taxes were $6,553 in 2024 and $7,010 in 2023 — down $457, or 6.5%. The association assessment is $358 per month ($4,296 per year) and covers landscaping, snow removal and common-area maintenance. Together that is $10,849 a year, or about $5.55 per square foot. The unit sits in tax code 11038, whose 2025 composite rate is 7.462% per the Lake County Clerk, below the 9.06% median across 276 Lake County tax codes. Buyer to verify all figures in due diligence.

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