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    225 E Deerpath Rd Lake Forest, IL 60045

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    For Lease
    Contact for pricing

    Class A retail/office space in affluent Lake Forest suburb.

    Property size:
    47,863 SF
    Lot size:
    47,863 SF

    Property Features for 225 E Deerpath Rd

    General Information

    Size
    47,863 SF

    Building Details

    Year built
    1988

    Source: Matthew Tarshis Agent Matthew Tarshis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Forest Retail/Office Space

    Located at the corner of Deerpath Road and Oakwood Avenue in downtown Lake Forest, this Class A retail/office building offers leasing opportunities. The multi-tenant building provides up to 2,300 square feet of ground floor retail space and 1,250 to 4,300 square feet of second floor office space. The property features an atrium, an elevator, underground parking with 62 spaces, and signage fronting Deerpath Road. It is situated a few blocks from the Lake Forest Metra Station and just over one mile east of U.S. Route 41. The property is located along the south side of Deerpath Road at the intersection of Oakwood Avenue in Lake Forest, Lake County, Illinois, approximately 30 miles northwest of Chicago. The site is located one block west of the Deerpath Road and Western Avenue intersection. The surrounding area includes retail to the north and south, residential and Deer Path Middle School to the west, and Lake Forest College to the east. Neighboring retailers include Jewel-Osco, The Fresh Market, Walgreens, CVS/Pharmacy, Chase Bank, BMO Harris Bank, Bank of America, UPS Store, Lululemon, Egg Harbor Cafe, Rosati's Pizza, Starbucks and Dunkin'.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Forest
    County
    Lake
    State
    Illinois
    Longitude
    -87.8684
    Latitude
    42.2369

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    FAQs

    What type of property is this?
    Shopping center - Class A retail/office space in affluent Lake Forest suburb.
    Where is this shopping center located?
    The property is located at 225 E Deerpath Rd Lake Forest, IL.
    What are key features of this property?
    This property features: - Located in downtown Lake Forest, one of the top 50 wealthiest cities in the U.S.; - Class A retail/office building offering flexible space options: **up to 2,300 SF ground floor retail and 1,250 - 4,300 SF second floor office space.**; - Excellent accessibility: close to the Lake Forest Metra Station and U.S. Route 41.
    (847) 542-9058
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    225 E Deerpath Rd Lake Forest, IL 60045
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    Lake Forest, IL 60045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    225 E Deerpath Rd Lake Forest, IL 60045
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