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Grocery Anchored Retail Space Available
For Lease
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2501-2585 Waukegan Rd, Bannockburn, IL 60015

Retail spaces for lease in affluent Bannockburn near major transportation.

Space Size796 SF - 6,000 SF
Property Size160,114 SF
Days on Market202

Property Features for 2501-2585 Waukegan Rd

General Information

Standard status Active
Size 796 SF - 6,000 SF
Property subtype Retail

Building Details

Building Size 160,114 SF
Year Built 1985

Spaces For Lease

at 2501-2585 Waukegan Rd Contact us

1211 Half Day Road

Size
1,427 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 220 - Office

Size
2,600 SF
Type
Office Suite
Term
Negotiable
Rate
Contact for pricing
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Suite 235 - Office

Size
1,845 SF
Type
Office Suite
Term
Negotiable
Rate
Contact for pricing
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Suite 2511

Size
2,998 SF
Term
Negotiable
Rate
Contact for pricing
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Suite 2513

Size
1,500 SF
Type
Neighborhood Center
Term
Negotiable
Rate
Contact for pricing
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Suite 2523

Size
1,485 SF
Type
Neighborhood Center
Term
Negotiable
Rate
Contact for pricing
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Suite 2535 (Second-Gen Restaurant)

Size
4,811 SF
Term
Negotiable
Rate
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Suite 2549

Size
796 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 2553

Size
2,715 SF
Term
Negotiable
Rate
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Suite 2561 - 1

Size
1,055 SF
Type
Neighborhood Center
Term
Negotiable
Rate
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Suite 2561

Size
2,241 SF
Type
Neighborhood Center
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 260 - Office

Size
2,115 SF
Type
Office Suite
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite D

Size
6,000 SF
Term
Negotiable
Rate
Contact for pricing
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Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #475156642
Source: Frontlinerepartners
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 17 at 5:06AM

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 Frontline Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

Located in Bannockburn, Illinois, Bannockburn Green offers up to 6,000 square feet of retail space for lease. This grocery-anchored center is anchored by Heinen's and is situated at the southeast corner of the signalized intersection of Half Day Road (Route-22) and Waukegan Road, bordering the affluent communities of Deerfield, Lake Forest, Bannockburn, and Highland Park. The center benefits from a location within two miles of Deerfield High School and Lake Forest High School, which together have approximately 3,000 students and faculty. The property features a 363-space surface parking lot, two monument signs offering visibility to approximately 30,200 vehicles per day, and flexible unit sizes. Other tenants include McDonald's, Newport Coffee, Mattress Firm, Jersey Mike's, and Sports Clips. The center is conveniently located within one mile of Interstate-94, Route-41, and the Lake Forest Metra Station. The property is located at the signalized intersection of Half Day Road and Waukegan Road, providing visibility and exposure to approximately 30,200 vehicles per day. The property is also located steps north of Deerfield High School and just east of Trinity International University. Additionally, the property is across the street from a newly developed Mariano's (2017) and Casey's Gas Station. The property is located one mile from Interstate-94 and Route-41 and 1.75 miles south of the Lake Forest Metra, providing access to public transit.

Key Highlights

  • Located in an affluent area with an average household income of approximately $190,000/year.
  • Anchored by Heinen's grocery store, attracting consistent customer traffic.
  • High visibility** with two monument signs and exposure to approximately 30,200 vehicles per day.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Parts Store Hair Salon Dental Office Parking Lot & Garage Electrical Service

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

545
Businesses Nearby
73k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 59% Dining 23% Shops & Services 16% Beauty & Spa 1%
Mariano's Groceries
26,058 visits/mo 0.3 miles
Heinen's Grocery Store Groceries
17,162 visits/mo 0.1 miles
McDonald's Dining
15,249 visits/mo 0.1 miles
Shell Shops & Services
10,826 visits/mo 0.1 miles
Jersey Mike's Subs Dining
1,354 visits/mo 0.1 miles

Demographics for 60015, IL

28,013
Population
10,657
Households
2.6
Avg Household Size
43
Median Age
80%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$186,786
Median Household Income
$82,970
Median Earnings
$2,284
Median Rent
$602,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Bannockburn Green Shopping Center 1301 Half Day Rd, Bannockburn, IL 60015
  • Coinstar Kiosk | Bitcoin ATM 2999 Waukegan Rd, Bannockburn, IL 60015

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces for lease in affluent Bannockburn near major transportation.
Where is this shopping center located?
The property is located at 2501-2585 Waukegan Rd Bannockburn, IL.
What are key features of this property?
This property features: Located in an affluent area with an average household income of approximately $190,000/year.; Anchored by **Heinen's grocery store**, attracting consistent customer traffic.; High visibility** with two monument signs and exposure to approximately 30,200 vehicles per day.
More about this property
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