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1950 Innovation Way
Libertyville, IL 60048

$7.50 - $20.00 USD/SF/YR

Unknown For Lease  •  145+ SF

Property Details

  • Property Type Unknown
  • Year Built 1992
0 Transit Score
10 Walk Score

6 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 150 Office 145-42,952 SF $16.00 USD/SF/YR
Innovation Park redefines the workplace experience with a vibrant, amenity-rich campus designed to foster creativity, wellness, and collaboration. Located in Lake County, Illinois, this dynamic environment offers tenants access to a curated mix of indoor and outdoor spaces that support productivity and lifestyle balance. The campus features upgraded fitness facilities with CrossFit turf, boxing zones, Peloton bikes, and recovery lounges. Tenants can recharge at the Java café, enjoy fresh meals at the Bistro food hall, or relax in nature lounges and living rooms designed for informal meetings and creative thinking.

Innovation Park also includes conference centers with capacities ranging from 30 to 250 people, breakout zones in Central, and outdoor courts for basketball and volleyball through Teamworx. Additional conveniences include EV charging stations, a shared bike program, on-site car detailing, and a seasonal farmers market offering local produce and artisan goods. With a focus on wellness, connectivity, and community, Innovation Park is ideal for companies seeking a modern, engaging workplace that supports both business and employee well-being.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Net
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste Office 150-5,000 SF $20.00 USD/SF/YR
Innovation Park redefines the workplace experience with a vibrant, amenity-rich campus designed to foster creativity, wellness, and collaboration. Located in Lake County, Illinois, this dynamic environment offers tenants access to a curated mix of indoor and outdoor spaces that support productivity and lifestyle balance. The campus features upgraded fitness facilities with CrossFit turf, boxing zones, Peloton bikes, and recovery lounges. Tenants can recharge at the Java café, enjoy fresh meals at the Bistro food hall, or relax in nature lounges and living rooms designed for informal meetings and creative thinking.

Innovation Park also includes conference centers with capacities ranging from 30 to 250 people, breakout zones in Central, and outdoor courts for basketball and volleyball through Teamworx. Additional conveniences include EV charging stations, a shared bike program, on-site car detailing, and a seasonal farmers market offering local produce and artisan goods. With a focus on wellness, connectivity, and community, Innovation Park is ideal for companies seeking a modern, engaging workplace that supports both business and employee well-being.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Net
  • Built out as: Standard Office
  • Space Type: Relet
2nd Floor Ste Office 61,457 SF $20.00 USD/SF/YR
Innovation Park redefines the workplace experience with a vibrant, amenity-rich campus designed to foster creativity, wellness, and collaboration. Located in Lake County, Illinois, this dynamic environment offers tenants access to a curated mix of indoor and outdoor spaces that support productivity and lifestyle balance. The campus features upgraded fitness facilities with CrossFit turf, boxing zones, Peloton bikes, and recovery lounges. Tenants can recharge at the Java café, enjoy fresh meals at the Bistro food hall, or relax in nature lounges and living rooms designed for informal meetings and creative thinking.

Innovation Park also includes conference centers with capacities ranging from 30 to 250 people, breakout zones in Central, and outdoor courts for basketball and volleyball through Teamworx. Additional conveniences include EV charging stations, a shared bike program, on-site car detailing, and a seasonal farmers market offering local produce and artisan goods. With a focus on wellness, connectivity, and community, Innovation Park is ideal for companies seeking a modern, engaging workplace that supports both business and employee well-being.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Net
  • Built out as: Standard Office
  • Space Type: Relet
  • In Contiguous block: 165,230 SF
2nd Floor Ste 250 Office 140,000 SF $7.50 USD/SF/YR
- Former Medline Professional Services Space
- Part of the Innovation Park Campus
- The Best Plug-and-Play Opportunity in Lake County

  • Date available: Jan 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: Relet
3rd Floor Ste Office 57,125 SF $20.00 USD/SF/YR
Innovation Park redefines the workplace experience with a vibrant, amenity-rich campus designed to foster creativity, wellness, and collaboration. Located in Lake County, Illinois, this dynamic environment offers tenants access to a curated mix of indoor and outdoor spaces that support productivity and lifestyle balance. The campus features upgraded fitness facilities with CrossFit turf, boxing zones, Peloton bikes, and recovery lounges. Tenants can recharge at the Java café, enjoy fresh meals at the Bistro food hall, or relax in nature lounges and living rooms designed for informal meetings and creative thinking.

Innovation Park also includes conference centers with capacities ranging from 30 to 250 people, breakout zones in Central, and outdoor courts for basketball and volleyball through Teamworx. Additional conveniences include EV charging stations, a shared bike program, on-site car detailing, and a seasonal farmers market offering local produce and artisan goods. With a focus on wellness, connectivity, and community, Innovation Park is ideal for companies seeking a modern, engaging workplace that supports both business and employee well-being.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Net
  • Built out as: Standard Office
  • Space Type: Relet
  • In Contiguous block: 165,230 SF
4th Floor Ste Office 46,648 SF $20.00 USD/SF/YR
Innovation Park redefines the workplace experience with a vibrant, amenity-rich campus designed to foster creativity, wellness, and collaboration. Located in Lake County, Illinois, this dynamic environment offers tenants access to a curated mix of indoor and outdoor spaces that support productivity and lifestyle balance. The campus features upgraded fitness facilities with CrossFit turf, boxing zones, Peloton bikes, and recovery lounges. Tenants can recharge at the Java café, enjoy fresh meals at the Bistro food hall, or relax in nature lounges and living rooms designed for informal meetings and creative thinking.

Innovation Park also includes conference centers with capacities ranging from 30 to 250 people, breakout zones in Central, and outdoor courts for basketball and volleyball through Teamworx. Additional conveniences include EV charging stations, a shared bike program, on-site car detailing, and a seasonal farmers market offering local produce and artisan goods. With a focus on wellness, connectivity, and community, Innovation Park is ideal for companies seeking a modern, engaging workplace that supports both business and employee well-being.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Net
  • Built out as: Standard Office
  • Space Type: Relet
  • In Contiguous block: 165,230 SF

Description

Situated in the prominent Innovation Park, 1950 Innovation Way offers contemporary office space in a sought-after corporate campus location. This five-building, 1.2 million-square-foot campus boasts sleek finishes and window-wrapped façades, allowing abundant natural lighting complemented by a wealth of modern tenant amenities. A variety of move-in-ready suites ranging in square footage are available to suit the needs of small businesses and large corporations. Each building provides Class A office space, ready for companies to thrive. Office, warehouse, and flex opportunities are available, ideal for a call center, a data center, a headquarters location, and more.
   
Innovation Park provides flexible space, including nature lounges, conference centers seating up to 250 people, and casual meeting rooms. The expansive layout encourages collaboration and innovation, making it an ideal environment for businesses looking to foster a dynamic and productive work culture. This progressive campus features a full-service restaurant and grill, a coffee lounge, a top-of-the-line fitness center with state-of-the-art equipment, and a car wash. Take a break in the game room or around campus, with pool tables, outdoor volleyball and basketball courts, and a golf simulator.
   
Nestled in a Chicago suburb, Innovation Park provides a small-town feel with convenient access to big-city amenities. Commuting is a breeze, with immediate access to Highway 45, delivering seamless connections to major area thoroughfares like Maple Avenue and Buckley Road. This Central North region is home to some of Chicago's most affluent and picturesque towns, full of great schools and beautiful parks, expansive access to Lake Michigan to the east, and a strong workforce. When high-end work environments, connectivity, and convenience are key, Innovation Park is the ideal destination.

Highlights

Innovation Park is a 1.2 million-square-foot, high-tech, multi-tenant campus boasting Class A space and an array of modern tenant amenities.
Move-in-ready office spaces ranging in square footage are available, ideal for a call center, a data center, professional office use, and more.
Discover on-site meeting rooms and conference centers with a 250-person capacity, complimentary Wi-Fi, and a projector system.
Top-tier amenities include a full-service restaurant and grill, a coffee lounge, a mother's room, a car wash, and the Bluebike Bicycle Program.
Take a break in the game room or around campus, with pool tables, outdoor volleyball and basketball courts, and a golf simulator.
Health and wellness is a priority, supported by a state-of-the-art fitness center, yoga, meditation, personal training, and nutrition education.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Prairie Crossing Station (MD-North) (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 3.1 mi
Libertyville Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 3.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 44 min - 29.6 mi
Dan McCarthy 224-257-7219 JLL
Dan McCarthy 224-257-7219 JLL