1881 Industrial DrLibertyville, IL 60048
7,139 SF contiguous industrial / warehouse space for lease on Industrial Dr in Libertyville, IL — $7,139/month ($12/SF/YR). Built 1986; suited for warehouse, distribution, light manufacturing, or flex near Route 21, Route 45, and I-94.
Load under roof: the truck pulls inside the building
At 1881 Industrial Drive the truck does not back up to the building. It pulls into it. The dock is interior, and on the walkthrough the trailer sat almost entirely inside with only a little sticking out, so freight moves under roof.
That is the warehouse: 5,539 SF with 20-foot clear ceilings, three drive-in doors, masonry construction, gas heat and 200-amp service. Upstairs, on a partial second floor, is about 1,600 SF of finished office, newly carpeted and ready to occupy, with its own stairway from the front door and a second stairway straight from the warehouse. If you are paying for a shop in one place and an office in another, this is one building that does both.
Most tenants looking at 7,000 SF are choosing between a bay in a multi-tenant building with shared loading and a standalone building priced well beyond them. This is a standalone building on its own 0.80-acre site, with four points of loading, real finished office and 16-plus surface parking spaces, at $12.00 per square foot NNN. There is very little comparable product under 10,000 SF in Libertyville.
Built 1986. Single tenant. Available now, on terms from 1 to 10 years.
Inside the building
See it in motion
What’s inside
7,139 SF on one site — a 5,539 SF warehouse under 20-foot clear ceilings, and about 1,600 SF of finished office on a partial second floor, each with its own way in.
The warehouse
Twenty-foot clear ceilings, so you stack instead of spread. The dock is interior — the trailer pulls essentially inside the building, with only a little sticking out, so freight moves under roof and out of the weather. It has a leveler. Three drive-in doors handle what the dock does not: two at 8 feet and one at 10 feet, so forklifts, pallet jacks and equipment move without tying up the dock. Masonry construction, gas heat, 200-amp service. There is a private restroom in the warehouse, which sounds small until you count the trips your crew will not be making upstairs. And a glass-partitioned area overlooks the main warehouse floor, reached from the main vestibule — a parts room, a QC bench or a supervisor's station off the floor, without building anything.
The office
Newly carpeted and ready to occupy — no build-out. Two dedicated stairways go up: one off the main entrance, so a customer, a vendor or a job candidate walks in the front door and goes straight to reception without crossing the warehouse floor, and a second running directly from the warehouse, so your own people move between shop and office without going outside. Upstairs there is a reception and waiting area with a service window that works as a will-call or check-in counter, three private offices, a large open common area, a kitchenette and two private restrooms. Central air and heat, recessed lighting, drop ceilings, security system. Two of the offices have large windows with excellent natural light, and one has a skylight.
Occupancy cost
| Component | $/SF/YR |
|---|---|
| Base rent | $12.00 |
| Estimated NNN expenses | $3.01 |
| Estimated total | $15.01 |
| Base Rent | $7,139/mo |
| Est. Gross | $8,928/mo |
Offered NNN
Base rent plus proportionate share of taxes, insurance and CAM. Tenant to verify zoning, use approvals, parking, square footage, condition, and all property details. Information believed reliable but not guaranteed.
Ideal uses under I-1, Village of Libertyville
Well suited to a range of uses under I-1, Village of Libertyville zoning — confirm your specific use and parking with the municipality.
Explore the Commercial Zoning Lookup for covered municipalities →
What can open here
Zoned I-1 Limited Industrial District in Libertyville. What the Libertyville zoning code allows in this district, checked October 2026:
Allowed by right
With Village approval
Each type matches at least one use the code lists for I-1. A business not shown may still fit under another name; confirm your specific use with the municipality.
See all 77 uses listed for this district in the Zoning Lookup →
Location & surroundings
Industrial Drive is Libertyville’s primary industrial corridor, home to a mix of manufacturing, distribution, and flex businesses. The area benefits from strong transportation access via Route 21 (Milwaukee Ave), Route 45, and I-94, connecting businesses to the broader Chicagoland market. Libertyville’s vibrant downtown, strong school system, and affluent residential base make it one of the most sought-after communities in Lake County for both living and doing business.
What’s around it
| Address | Distance | Building | Lot | Last usable sale |
|---|---|---|---|---|
| 11891 Industrial Dr | <0.1 mi | 5,816 SF | 0.98 ac | None on file |
| 21901 Industrial Dr | 0.1 mi | 6,034 SF | 1.15 ac | None on file |
| 31920 Industrial Dr | 0.1 mi | 7,316 SF | 1.13 ac | $762,000 (2023)$104/SF |
| 41815 Industrial Dr | 0.1 mi | 12,841 SF | 1.41 ac | None on file |
| 51931 Industrial Dr | 0.1 mi | 14,016 SF | 0.95 ac | $800,000 (2009)$57/SF |
| 62129 Tempel Dr | 0.2 mi | 8,110 SF | 0.56 ac | None on file |
| Address | Type | Year | Price | $/SF |
|---|---|---|---|---|
| 31920 Industrial Dr | Industrial | 2023 | $762,000 | $104/SF |
| 71807 Industrial Dr | Industrial | 2023 | $1,300,000 | $53/SF |
Built by Jason Bitton RE/MAX Commercial from public property records, then cleaned, classified and checked; records as of September 30, 2026. Distances are straight-line from this property. Not an appraisal or an opinion of value; records can be wrong or out of date.
Own one of these? Get a confidential opinion of value →Tenant questions
Can a semi actually get into the dock, or is it a "semi-accessible" dock?+
It pulls in. The dock is interior — the trailer sits almost entirely inside the building with only a little sticking out, so loading happens under roof. It has a leveler. The walkthrough video is the clearest way to see it.
Is the $12.00 my total cost?+
No. $12.00 per square foot per year is base rent — $7,139 per month. Estimated NNN expenses run $3.01 per square foot on top of that, about $1,789 per month, for roughly $8,928 all in before your own utilities, janitorial, interior maintenance and insurance. Budget both.
How much of the 7,139 SF is warehouse versus office?+
5,539 SF of warehouse and approximately 1,600 SF of office on a partial second floor. The office is finished space, not a mezzanine you have to build out.
Do my office people and my warehouse crew have to share a path?+
Not going upstairs. There are two dedicated stairways — one from the main entrance to reception, one directly from the warehouse — so a visitor reaches the office without crossing the warehouse floor. There is also a restroom in the warehouse and two more upstairs.
What do I have to build before I move in?+
For the office, nothing — it is newly carpeted and ready to occupy. In the warehouse, the glass-partitioned area off the main vestibule already separates part of the floor from the main operational area without construction.
What is the electrical service?+
The building is served at 200 amps. Tenant to verify the panel and service capacity for its own equipment before signing.
When can I take occupancy, and on what term?+
The space is available now, and terms run from 1 to 10 years. Tell me the term and timing you need and I will tell you what works.
What uses are permitted at 1881 Industrial Dr?+
The building sits in the Village of Libertyville I-1 Limited Industrial District, which permits 44 uses by right and 33 more by special use permit. Among the by-right uses that suit a building like this one: warehousing and storage; wholesale trade; specialty trade contractors; printing and related support activities; industrial launderers and linen and uniform supply; technical and trade schools; and several named manufacturing categories. Some uses — major vehicle repair, fabricated metal product manufacturing, courier and messenger services, building material dealers with outdoor storage — require a special use permit, which means a hearing and is never a guarantee. Source: Village of Libertyville Code of Ordinances, Chapter 26 (Zoning), Article 7, Section 26-7-2. Tenant to verify its intended use with the Village of Libertyville before signing.
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