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Newly Renovated Mixed-Use Office Building
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1000-1042 N Western Ave, Lake Forest, IL 60045

Newly renovated mixed-use office building with excellent visitor parking near the Lake Forest Metra Station.

Property Size775 SF
Days on Market547

Property Features for 1000-1042 N Western Ave

General Information

Standard status Active
Size 775 SF
Property subtype OFFICE
Listing Agency: Avison Young | Suburban Chicago
Listed By: Tim Henry
Source: Moodyscre
Added: Jan 29, 2025 Changed: Jul 27 Last Checked: Jul 29 at 2:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Suburban Chicago

Investment Insights

Based on property information with market context.

This newly renovated mixed-use office building is available for lease and offers well-suited space for office users within a small, established North Shore community. The property features excellent visitor parking, supporting convenient access for clients and guests.

The building is located at 1000-1042 N Western Ave in Lake Forest, Illinois, close to the Lake Forest Metra Station. The surrounding area is described as a quaint and desirable suburb on Chicago’s North Shore, offering a localized setting for daily business activity and visits.

Key Highlights

  • Newly renovated mixed‑use office building
  • Excellent visitor parking available
  • Close to the Lake Forest Metra Station

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,242
Businesses Nearby

Demographics for 60045, IL

21,026
Population
7,939
Households
2.6
Avg Household Size
46
Median Age
81%
College-Educated
99%
High-School Grad
21.3 sq mi
ZIP Area
987
Density / Sq Mi
$225,551
Median Household Income
$78,718
Median Earnings
$2,321
Median Rent
$899,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Newly renovated mixed-use office building with excellent visitor parking near the Lake Forest Metra Station.
Where is this office building located?
The property is located at 1000-1042 N Western Ave Lake Forest, IL.
What are key features of this property?
This property features: Newly renovated mixed‑use office building; Excellent visitor parking available; Close to the Lake Forest Metra Station
(312) 273-9481 Call to check price and availability
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