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    1044-1060 N Western Ave Lake Forest, IL 60045

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    For Lease
    $18 SF/Yr ($2,583 /Mo)

    Suites available in downtown Lake Forest near Metra.

    Property size:
    1,722 SF
    Lot size:
    1.21 Acres

    Property Features for 1044-1060 N Western Ave

    General Information

    Size
    1,722 SF
    Lot size
    1.21 Acres

    Source: Jameson Commercial Agent Brent Burden

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

    Overview

    Lake Forest Office/Retail Suites

    Suites ranging from 1,854 to 10,272 square feet are available for lease. The suites are suitable for office or retail use. The property features renovated common corridors and covered parking for tenants. It is located in downtown Lake Forest, adjacent to the Kelmscott Park luxury residence development and within walking distance of the Metra station. The property is suitable for professional services tenants. One available suite, Suite A, offers 10,272 RSF of built-out professional services space. The property has an existing layout with 20 private offices, 2 large conference rooms, 8 medium conference rooms, a bullpen area, a large reception area, workrooms, an IT/Server room, and storefront signage. The property also features a dramatic, barrel truss, timber ceiling with skylights.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Forest
    County
    Lake
    State
    Illinois
    Longitude
    -87.842093
    Latitude
    42.2585971

    Nearby Similar for Lease

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      Retail Space Near Metra Station

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    FAQs

    What type of property is this?
    Office space - Suites available in downtown Lake Forest near Metra.
    Where is this office space located?
    The property is located at 1044-1060 N Western Ave Lake Forest, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Existing professional services layout with **20 private offices, multiple conference rooms, bullpen, reception, and IT/Server room.**; - Suites available from 1,854 to 10,272 SF.; - Walk to Metra train station.
    (312) 216-8000
    Request Owner's contact information
    1044-1060 N Western Ave 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
    1044-1060 N Western Ave Lake Forest, IL 60045
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