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Former Bank Building in Bannockburn
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2595 Waukegan Road, Bannockburn, IL 60015

Freestanding building suitable for retail, medical, or office use.

Property Size3,000 SF
Days on Market146

Property Features for 2595 Waukegan Road

General Information

Standard status Active
Size 3,000 SF
Property subtype Retail
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #475156642
Source: Frontlinerepartners
Added: Mar 6 Changed: Jul 10 Last Checked: Jul 30 at 3:35AM

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.

This freestanding former bank building is available for sale or lease. It is located near the signalized intersection of Half Day Road (Route 22) and Waukegan Road in Bannockburn, within the Bannockburn Green Shopping Center. The location offers convenient access, situated within one mile of Interstate-94 and Route-41, between Deerfield, Highland Park, Lake Forest, and Riverwoods. The building features drive-thru lanes, excellent natural lighting, vaulting ceilings, and monument signage along Route 22, which sees approximately 20,000 vehicles per day. Ample parking is available on-site. The property is located in the heart of Bannockburn, known for its affluent demographic and high barriers to entry. The surrounding area features corporate headquarters, luxury residential estates, and high-end retail. The location benefits from high visibility at the signalized intersection of Half Day Road and Waukegan Road, with a combined traffic volume of approximately 30,200 vehicles per day. The property, offering 3,000 square feet, is ideal for high-end retail, urgent care/medical suites, or a signature corporate office. The Bannockburn Green Shopping Center is anchored by Heinen's and Walgreens, with other retailers including McDonald's, Rosati's Pizza, Jersey Mike's, Sports Clips, Barre 3, Studio 18, H&R Block, and Montessori Kids Universe. Starbucks is opening in Q4 2026.

Key Highlights

  • Located in an affluent area of Chicagoland with an average household income of $183,000+ within a 3‑mile radius.
  • High‑visibility location** at the signalized intersection of Half Day Road (Route 22) and Waukegan Road with ~34,700 vehicles per day.
  • Located within the Bannockburn Green Shopping Center, anchored by Heinen's and Walgreens, with other retailers including McDonald's and Starbucks (opening Q4 2026).

Property Analytics

Current Use

PNC Bank Bank PNC Mortgage Loan Service

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

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
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Frequently Asked Questions

What type of property is this?
Bank - Freestanding building suitable for retail, medical, or office use.
Where is this bank located?
The property is located at 2595 Waukegan Road Bannockburn, IL.
What are key features of this property?
This property features: Located in an affluent area of Chicagoland with an average household income of $183,000+ within a 3‑mile radius.; High‑visibility location** at the signalized intersection of Half Day Road (Route 22) and Waukegan Road with ~34,700 vehicles per day.; Located within the Bannockburn Green Shopping Center, anchored by Heinen's and Walgreens, with other retailers including McDonald's and Starbucks (opening Q4 2026).
More about this property
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