Mixed-Use

Lake Forest, IL Mixed-use Properties for Sale

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Two-Story Mixed-Use Retail Office
Updated: Jul 8
Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

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47,863 sqft
Deerpath Plaza: 47,863 SF, two‑story mixed‑use retail and office building
Street‑corner location at Deerpath Road and Oakwood Avenue in downtown Lake Forest
In‑place NOI of approximately $592,000 at 74% occupancy
Diversified tenant mix including retail, medical, wellness, service, and professional office users
Built in 1988
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See what stands out in Lake County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Mixed-Use Building
Brick Mixed-Use Building

818 10th St, Waukegan, IL 60085

$449,900
4,538 sqft

Two upper-level apartments accompany a first-floor Mexican restaurant and additional commercial area.

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Four-Unit Mixed-Use Building
Four-Unit Mixed-Use Building

406-408 N Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing
6,800 sqft

Fully leased commercial property combines ground-floor retail with second-level office suites and a full basement.

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Mixed-Use Building with Mezzanine
Mixed-Use Building with Mezzanine

401 E Park Ave, Libertyville, IL 60048

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Bright, move-in-ready commercial space with an open layout, parking, and C zoning.

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Mixed-Use Brick Building
Mixed-Use Brick Building

818 10th Street, Waukegan, IL 60085

$449,900
0.16 AC lot

Two-level property combines a Mexican restaurant with two upstairs apartments and additional commercial space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Downtown Libertyville Lot
Prime Downtown Libertyville Lot

121 W Church St Unit 2, Libertyville, IL 60048

$1,500,000
4,500 sqft

Rare opportunity to own a lot in downtown Libertyville.

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Commercial Land with Street Frontage
Commercial Land with Street Frontage

1213 Grand Avenue, Waukegan, IL 60085

$559,000

Vacant commercial parcel with B-2 and B-3 zoning at a signalized intersection near retail, transit, and established neighborhoods.

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Downtown Commercial Land Site
Downtown Commercial Land Site

206 N Cook Street, Barrington, IL 60010

$3,495,000
2.01 AC lot

Commercial land in downtown Barrington with COMMR zoning and natural gas availability.

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Downtown Commercial Land
Downtown Commercial Land

206 N Cook Street, Barrington, IL 60010

$3,495,000
2.01 AC lot

Commercial land in downtown Barrington with COMMR zoning.

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Off-Market Properties in Lake Forest, IL

Consider similar Off-Market properties in Lake Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

730 Chalmers Ct
OFFICE/RESIDENTIAL (MIXED USE)

730 Chalmers Ct, Lake Forest, IL 60045-1142

$685,000
Estimated value
2,058 sqft 1.83 AC lot
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660 Westmoreland Rd
OFFICE/RESIDENTIAL (MIXED USE)

660 Westmoreland Rd, Lake Forest, IL 60045-1659

$500,000
Estimated value
1,728 sqft 48.98 AC lot
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801 Mckinley Rd
OFFICE/RESIDENTIAL (MIXED USE)

801 Mckinley Rd, Lake Forest, IL 60045-1730

$315,000
Estimated value
2,978 sqft 0.23 AC lot
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Lake Forest, IL Mixed-Use Properties Market Trends and Statistics

Explore 4 mixed-use properties for sale in Lake Forest, IL on our real estate platform. These investment opportunities span a total of 47,863 square feet of properties for sale.

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Demographics Overview

Population 21K
Population Growth (5Y) -0.8%
Median Household Income $225,551

Taxes & Financing

Tax Rate (average for all types) 6.70%
Property Tax per SF $18.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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