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Industrial Flex Sublease Opportunity
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1175 Lakeside Dr, Gurnee, IL 60031

Flex sublease offers 22' clear height, 4 interior docks, and 10,000 SF office with updated LED lighting.

Space SizeContact for details
Days on Market28

Property Features for 1175 Lakeside Dr

General Information

Standard status Active
Total Parking Spaces 121
Property subtype Industrial

Warehouse & Industrial

Clear Height 22 ft
Dock-High Doors 4
Drive-In Doors 2

Additional Details

Highway Access Yes
Listing Agency: Chicago - Downtown
Listed By: Daniel LaPierre
Source: Colliers
Added: Jul 24 Changed: Aug 17 Last Checked: Aug 20 at 4:06AM

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 Chicago - Downtown

Investment Insights

Based on property information with market context.

Available for sublease, this industrial flex space totals 59,981 SF and includes 10,000 SF of office space. The warehouse area offers 22' clear height and is served by four interior docks, with two drive-in doors (including one UPS).

The property includes 121 car parking spaces, with expansion capacity, and the parking lot has been resealed, restriped, milled, and paved. New LED lighting is in place, and the site is approximately 0.3 miles to both the north and south interchanges at I-94.

For tenants seeking a combination of warehouse and office use, the existing dock and office configuration supports a flexible operating footprint within a fully updated distribution setting.

Key Highlights

  • 59,981 SF flex space available for sublease, including 10,000 SF office
  • 22' clear height warehouse with 4 interior docks
  • 2 DIDs, including 1 UPS

Property Analytics

Current Use

Veridian Healthcare Corporate Office

Suggested Use

Top Pick Storage Facility Kitchen & Bath Showroom Auto Parts Store Building Supply Garden Center (Bike/Boat/Book/etc) Store

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

22 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60031, IL

37,650
Population
14,796
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
1,982
Density / Sq Mi
$114,008
Median Household Income
$56,770
Median Earnings
$1,601
Median Rent
$322,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex sublease offers 22' clear height, 4 interior docks, and 10,000 SF office with updated LED lighting.
Where is this flex space located?
The property is located at 1175 Lakeside Dr Gurnee, IL.
What are key features of this property?
This property features: 59,981 SF flex space available for sublease, including 10,000 SF office; 22' clear height warehouse with 4 interior docks; 2 DIDs, including 1 UPS
More about this property
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