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    500 N Field Dr Lake Forest, IL 60045

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    For Lease
    $6,229,680

    Office space for rent in premier north suburban office development.

    Property size:
    33,225 SF
    Lot size:
    7.53 Acres

    Property Features for 500 N Field Dr

    General Information

    Size
    33,225 SF
    Lot size
    7.53 Acres

    Source: CBRE | Chicago Agent Rob Graham

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

    Overview

    Office Space in Conway Park

    Located within Conway Park, a prominent north suburban office development, this property offers 33,225 square feet of office space for rent.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Wholesale Shop Hair Salon Pharmacy Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Forest
    County
    Lake
    State
    Illinois
    Longitude
    -87.8992511
    Latitude
    42.2485882

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    FAQs

    What type of property is this?
    Office space - Office space for rent in premier north suburban office development.
    Where is this office space located?
    The property is located at 500 N Field Dr Lake Forest, IL.
    What are key features of this property?
    This property features: - Located within Conway Park; - Premier north suburban office development; - Prime office location
    (708) 284-5316
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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
    500 N Field Dr Lake Forest, IL 60045
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