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Lake Forest Retail/Office Space
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225 E Deerpath Road, Lake Forest, IL 60045

Class A retail/office space in affluent Lake Forest suburb.

Space Size688 SF - 2,060 SF
Property Size47,863 SF
Days on Market269

Property Features for 225 E Deerpath Road

General Information

Standard status Active
Size 688 SF - 2,060 SF
Property subtype Retail

Building Details

Building Size 47,863 SF
Year Built 1988

Spaces For Lease

at 225 E Deerpath Road Contact us

Suite 113

Size
688 SF
Term
Negotiable
Rate
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Contact us

Suite 124

Size
1,701 SF
Term
Negotiable
Rate
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Suite 137

Size
1,924 SF
Term
Negotiable
Rate
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Suite 208 (Office)

Size
2,060 SF
Term
Negotiable
Rate
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Suite 222 (Office)

Size
1,813 SF
Term
Negotiable
Rate
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Suite 223 (Office)

Size
1,568 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: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 17 at 5:42AM

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 at the corner of Deerpath Road and Oakwood Avenue in downtown Lake Forest, this Class A retail/office building offers leasing opportunities. The multi-tenant building provides up to 2,300 square feet of ground floor retail space and 1,250 to 4,300 square feet of second floor office space. The property features an atrium, an elevator, underground parking with 62 spaces, and signage fronting Deerpath Road. It is situated a few blocks from the Lake Forest Metra Station and just over one mile east of U.S. Route 41. The property is located along the south side of Deerpath Road at the intersection of Oakwood Avenue in Lake Forest, Lake County, Illinois, approximately 30 miles northwest of Chicago. The site is located one block west of the Deerpath Road and Western Avenue intersection. The surrounding area includes retail to the north and south, residential and Deer Path Middle School to the west, and Lake Forest College to the east. Neighboring retailers include Jewel-Osco, The Fresh Market, Walgreens, CVS/Pharmacy, Chase Bank, BMO Harris Bank, Bank of America, UPS Store, Lululemon, Egg Harbor Cafe, Rosati's Pizza, Starbucks and Dunkin'.

Key Highlights

  • Located in downtown Lake Forest, one of the top 50 wealthiest cities in the U.S.
  • Class A retail/office building offering flexible space options: up to 2,300 SF ground floor retail and 1,250 - 4,300 SF second floor office space.
  • Excellent accessibility: close to the Lake Forest Metra Station and U.S. Route 41.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Big Box & Wholesale Store Hair Salon Pharmacy

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

60
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60045, IL

21,026
Population
7,939
Households
2.6
Avg Household Size
46
Median Age
81%
College-Educated
99%
High-School Grad
21.3 sq mi
ZIP Area
987
Density / Sq Mi
$225,551
Median Household Income
$78,718
Median Earnings
$2,321
Median Rent
$899,200
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Class A retail/office space in affluent Lake Forest suburb.
Where is this shopping center located?
The property is located at 225 E Deerpath Road Lake Forest, IL.
What are key features of this property?
This property features: Located in downtown Lake Forest, one of the top 50 wealthiest cities in the U.S.; Class A retail/office building offering flexible space options: **up to 2,300 SF ground floor retail and 1,250 - 4,300 SF second floor office space.**; Excellent accessibility: close to the Lake Forest Metra Station and U.S. Route 41.
More about this property
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