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Two-Story Office Building

1500 Lakeside Dr, Bannockburn, IL 60015

For Sale
Contact for pricing

The existing layout allows an owner to occupy the full property or lease out part of the first floor.

Property Size41,508 SF
Lot Size4.00 Acres
Price / SF$14.46
Days on Market27

Property Features for 1500 Lakeside Dr

General Information

Standard status Active
Size 41,508 SF
Total Parking Spaces 163
Lot size 4.00 Acres
Property subtype Office, Self Storage
Zoning O-Office District

Additional Details

Highway Access Yes
Property Use Office

Building Details

Year Built 1998
Buildings 1
Stories 2
Building Size 41,508 SF
Listing Agency: NAI Hiffman
Listed By: Adam Johnson · License IL #475123331
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 10 at 7:29AM

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 NAI Hiffman

Rey
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Investment Insights

Based on property information with market context.

At 1500 Lakeside Dr, this 41,508-square-foot office building was constructed in 1998 and occupies 4.00 acres. The two-story layout includes four separately configurable suites on the first floor, allowing the property to be used in full or in part. The site is zoned O-Office District, and Village approvals were obtained for self-storage.

The property has 163 parking spaces, with capacity to expand to 192. It is in Bannockburn with immediate access to I-94 and tollway signage visibility.

Key Highlights

  • 41,508‑square‑foot, two‑story office building constructed in 1998
  • 4.00‑acre site zoned O‑Office District
  • Four separate suites on the first floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Zizzle Toys LLC (Bike/Boat/Book/etc) Store Mesirow Insurance Services ... Insurance Agency Stay In Front (Bike/Boat/Book/etc) Store Strom Products Ltd Advertising Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Restaurant Spa & Massage Center Big Box & Wholesale 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Office buildings in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - The existing layout allows an owner to occupy the full property or lease out part of the first floor.
Where is this office building located?
The property is located at 1500 Lakeside Dr Bannockburn, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 41,508‑square‑foot, two‑story office building constructed in 1998; 4.00‑acre site zoned O‑Office District; Four separate suites on the first floor
(630) 317-0729 Call to check price and availability
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