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Lake Forest Flex/Industrial Space
For Lease
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28457 Ballard Drive, Lake Forest, IL 60045

69,539 SF building with flexible units for lease.

Space Size5,066 SF - 8,582 SF
Property Size69,539 SF
Days on Market289

Property Features for 28457 Ballard Drive

General Information

Standard status Active
Size 5,066 SF - 8,582 SF
Property subtype Industrial

Building Details

Building Size 69,539 SF

Spaces For Lease

at 28457 Ballard Drive Contact us

Unit B

Size
8,582 SF
Term
Negotiable
Contact us

Unit F

Size
5,066 SF
Term
Negotiable
Contact us
Listing Agency: Brown Commercial Group Inc
Listed By: Collin Tyrrell
Source: Browncommercialgroup
Added: Nov 24, 2025 Changed: Sep 8 Last Checked: Aug 8 at 2:33AM

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 Brown Commercial Group Inc

Investment Insights

Based on property information with market context.

This 69,539 square foot building offers flexible units available for lease. Office space varies per unit. The building features 14-foot clear ceilings. Loading is facilitated by 3 shared docks and 1 shared drive-in door; some units have direct drive-in door access. Electrical capacity includes 200-400 Amp, 3 Phase power. Most units are equipped with 100% air conditioning. The lease price is subject to offer.

Key Highlights

  • Large 69,539 SF Building with Units Available For Lease
  • Most Units Feature 100% A/C
  • 14' Clear Ceilings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Real Estate Agency Bakery Cafe & Coffee Shop Butcher

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

518
Businesses Nearby
Well-served
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 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 - 69,539 SF building with flexible units for lease.
Where is this flex space located?
The property is located at 28457 Ballard Drive Lake Forest, IL.
What are key features of this property?
This property features: Large 69,539 SF Building with Units Available For Lease; Most Units Feature 100% A/C; 14' Clear Ceilings
More about this property
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