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Multi-Tenant Office Building
For Sale
$1,650,000

655 Rockland Road, Lake Bluff, IL 60044

Well-maintained multi-tenant office property with 31 professional suites and 41 on-site parking spaces.

Property Size12,822 SF
Days on Market125

Property Features for 655 Rockland Road

General Information

Standard status Active
Size 12,822 SF
Total Parking Spaces 41
Property subtype Commercial
Zoning COMMR
Occupancy 90%

Additional Details

Highway Access Yes
Office Units 31

Taxes and HOA fees

Annual Taxes $32,901

Building Details

Building Size 12,822 SF
Year Built 1989
Stories 3
Units 31
Tenancy Multi
Listing Agency: E- Signature Realty
Listed By: Michael Crawford · License #471022784
Source: Birdrealtysells
Added: Apr 21 Changed: Aug 23 Last Checked: Aug 21 at 10:19PM

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 E- Signature Realty

Investment Insights

Based on property information with market context.

655 Rockland Rd is a well-maintained multi-tenant office building featuring 31 professional suites with only 3 current vacancies, supporting strong in-place occupancy. The property is presented for tenant and visitor access with tree-lined frontage and convenient on-site parking.

Located in a highly accessible Lake Bluff corridor, the building is just moments from both I-94 and Route 41, offering regional connectivity. The site includes 41 on-site parking spaces.

Presented as a turnkey investment, the property may offer additional upside potential, including future redevelopment possibilities, based on the owner’s stated plans.

Key Highlights

  • Well‑maintained multi‑tenant office building built in 1989
  • 31 professional suites with 3 current vacancies (28 occupied)
  • 41 on‑site parking spaces for tenants and visitors

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Locksmith Daycare Center Carpet & Flooring 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

31
Office units
90.3%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby

Demographics for 60044, IL

10,244
Population
4,599
Households
2.2
Avg Household Size
43
Median Age
67%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
1,506
Density / Sq Mi
$127,546
Median Household Income
$81,694
Median Earnings
$1,672
Median Rent
$568,500
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?
Office units - Well-maintained multi-tenant office property with 31 professional suites and 41 on-site parking spaces.
Where is this office units located?
The property is located at 655 Rockland Road Lake Bluff, IL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Well‑maintained multi‑tenant office building built in 1989; 31 professional suites with 3 current vacancies (28 occupied); 41 on‑site parking spaces for tenants and visitors
More about this property
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