Innovation Park

1950 Innovation Way, Libertyville, IL 60048

  • For Lease Contact for pricing
  • Property Type Office - General Office
  • Property Size 1,136,311 SF
  • Lot Size 83.11 Acre
  • Parking Spaces Avail. 3886
  • Parking Ratio 3.42 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1992
  • Date Updated Mar 26, 2025

Innovation Park is a sprawling 1,136,311-square-foot office complex situated on an expansive 83.11-acre lot in Libertyville. The property features 3,886 parking spaces, providing a parking ratio of 3.42 spaces per 1,000 square feet, ensuring convenience for tenants and visitors alike. Classified as a Class C building, this property offers a practical option for businesses seeking functional office space.

The surrounding area provides a variety of amenities that contribute to the property's appeal. Sonesta Simply Suites Chicago Libertyville is conveniently located just under half a mile away, offering nearby lodging for business travelers. Dining options such as Wendy’s, Emil’s Sports Bar & Pizzeria, and Luke’s of Mundelein are within a 1.2-mile radius, making lunch breaks and after-hours outings accessible. For commuters, the Libertyville Metra Station is approximately 2.3 miles away, connecting tenants to the broader Chicago metropolitan area. Additionally, several elementary and high schools are nearby, including Butterfield Elementary School about 1 mile away and Carmel High School approximately 1.5 miles away.

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Spaces Available

Contacts

broker
Daniel McCarthy Is this you?

Jones Lang LaSalle

Location

Getting Around

  • Walk Score ®

    10/100 Car-Dependent

  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Libertyville, IL
  • Zip Code 60048
  • Market Chicago

Points of Interest

  • Mundelein

    1.58 miles

  • Prairie Crossing

    2.27 miles

  • Libertyville Metra Station

    2.30 miles

  • Libertyville

    2.31 miles

  • Taxi Stand

    3.66 miles

  • Washington Street (Grayslake)

    5.42 miles

  • County Fair Station

    6.38 miles

  • Scenic Railway (Hometown Station)

    6.46 miles

  • Hometown Square Station

    6.46 miles

  • Round Lake Beach

    7.39 miles

  • Shell

    1.11 miles

  • Marathon

    1.30 miles

  • BP

    2.20 miles

  • Volta Charging Station

    4.09 miles

  • Volta

    4.15 miles

  • Hawthron Mall Charging Station

    4.26 miles

  • CDW Charging Station

    5.02 miles

  • ChargePoint

    5.18 miles

  • Blink

    7.42 miles

  • Libertyville High School back parking lot

    1.77 miles

  • Libertyville High School Back Parking Lot

    1.78 miles

  • Butler Lake Parking

    1.82 miles

  • Libertyville High School Main Parking Lot

    1.92 miles

  • Libertyville High School Tennis Courts parking lot

    1.97 miles

  • Libertyville Metra Rail Station Parking

    2.28 miles

  • Village Parking Lot

    2.33 miles

  • Adler Park Pool

    2.51 miles

  • Adler Park

    2.55 miles

  • Sonesta Simply Suites Chicago Libertyville

    0.45 miles

  • Hampton Inn & Suites Chicago-Libertyville

    1.04 miles

  • Does Motel

    1.89 miles

  • Days Inn Libertyville

    2.37 miles

  • Holiday Inn Express

    2.52 miles

  • Courtyard

    3.32 miles

  • Super 8 by Wyndham Mundelein/Libertyville Area

    3.52 miles

  • Doubletree Mundelein

    3.57 miles

  • Baymont Inn & Suites Mundelein near Vernon Hills

    3.65 miles

  • Holiday Inn Express Vernon Hills

    3.95 miles

  • Wendy's

    1.10 miles

  • Emil's Sports Bar & Pizzeria

    1.15 miles

  • Luke's of Mundelein

    1.17 miles

  • Subway

    1.32 miles

  • Taqueria Los Naranjos 2

    1.36 miles

  • Franks For the Memories

    1.36 miles

  • Chicago Ramen

    1.37 miles

  • Azteca

    1.40 miles

  • Dunkin'

    1.41 miles

  • Hong Kong Chop Suey

    1.45 miles

  • University of Saint Mary of the Lake

    0.78 miles

  • Butterfield Elementary School

    1.00 miles

  • Lincoln School

    1.04 miles

  • Mechanics Grove Elementary School

    1.07 miles

  • Carmel High School

    1.50 miles

  • Carl Sandburg Middle School

    1.57 miles

  • Thomas Jefferson School

    1.64 miles

  • Mundelein High School

    1.64 miles

  • Swam School

    1.78 miles

  • Fairhaven School

    1.78 miles

  • Alta Vista Montessori School

    0.61 miles

  • KinderCare

    2.64 miles

  • The Goddard School

    3.71 miles

  • Kindercare

    4.32 miles

  • Woodview Kindergarten

    4.91 miles

  • The Goddard School of Hawthorn Woods (Lake Zurich)

    5.78 miles

  • Hunt Club KinderCare

    7.06 miles

  • Dearhaven Child Care and Learning Center

    7.33 miles

Frequently Asked Questions

What type of office space is available to lease at Innovation Park?

The property includes 4 Office spaces located on 1 floor. Availabilities total 85,955 square feet of office space. The property offers Multi-Tenant commercial space. Of the availability currently listed in the building, available spaces include 3 sublease options.

Is Innovation Park suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 1 office space under 5,000 square feet available.

Does Innovation Park have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 2 office spaces larger than 10,000 square feet available for lease. The largest office size is 50,000 SF, located on floor 1. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does Innovation Park have parking?
Yes, the property offers 3,886 parking spaces with a parking ratio of 3.42 / 1,000 SF.
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Contact Listing Broker
broker
Daniel McCarthy Is this you?

Jones Lang LaSalle

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