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Lake Forest, IL Office Buildings for Sale

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Lake Bluff, IL Highland Park, IL Highwood, IL
Class A Office Buildings For Sale
Updated: Jan 27
Class A Office Buildings For Sale

100 & 150 North Field Drive, Lake Forest, IL 60045

Contact for pricing
225,354 sqft
Opportunity to add value through lease‑up of a Class A office property with existing cash flow.
Strategic location directly off Interstate 94 (I‑94) providing convenient access to O'Hare Airport, downtown Chicago, and surrounding suburbs.
Located in the heart of Lake Forest's office community, surrounded by multiple office buildings and major corporations.
Three of the five largest tenants have lease terms extending beyond 2030.
Strong demographics with high average household income in the surrounding area.
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Class B Downtown Office Building
Updated: May 28
Class B Downtown Office Building

191 E Deerpath Rd, Lake Forest, IL 60045

Contact for pricing
16,428 sqft
Class B office space in Downtown Lake Forest, available from 1,413 SF to 4,262 SF (full‑floor, full build‑out option).
Abundant natural light throughout the space.
Full‑floor or suite‑sized office layouts available.
Located about two blocks from the Lake Forest Metra Station on the Union Pacific North Line.
Ample parking available directly across the street in the city lot.
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Libertyville Office/Flex Portfolio For Sale
Libertyville Office/Flex Portfolio For Sale

13975 W Polo Trail Dr, Lake Forest, IL 60045

$3,900,000
65,836 sqft

18-property office/flex portfolio in Libertyville's commercial corridor.

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Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 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.

Turnkey Office Building with Parking
Turnkey Office Building with Parking

1477 Barclay Boulevard, Buffalo Grove, IL 60089

$1,350,000
15,020 sqft · 1.00 AC lot

Move-in-ready office building with flexible single or two-suite configuration and ample on-site parking.

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Freestanding Office Building
Freestanding Office Building

1477 Barclay Boulevard, Buffalo Grove, IL 60089

$1,350,000

For sale freestanding office building on the east side, suited for owner-occupiers or office tenants.

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Contemporary Office Building with Parking
Contemporary Office Building with Parking

326 S Milwaukee Avenue, Libertyville, IL 60048

$750,000
2,200 sqft

Free-standing office building with parking in a high-visibility location.

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Mixed-Use Trophy Asset in Libertyville
Mixed-Use Trophy Asset in Libertyville

545 North Milwaukee Avenue, Libertyville, IL 60048

$6,995,000
16,621 sqft

Premier mixed-use property in Libertyville's vibrant Downtown Core.

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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.

Corner Development Site For Sale
Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Contact for pricing

Prime corner development site with high traffic counts.

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Prime Corner Lot in Carpentersville
Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Wonder Lake Commercial Block
Wonder Lake Commercial Block

7314 Hancock Drive, Wonder Lake, IL 60097

$250,000
0.35 AC lot

Commercial block with office building and land for sale.

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Commercial Land in St. Charles
Commercial Land in St. Charles

St Charles, IL 60174

$999,999
2.05 AC lot

2.05 acre commercial lot near transportation and retail centers.

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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.

194 Westminster
OFFICE BUILDING

194 Westminster, Lake Forest, IL 60045-1840

$3,275,000
Estimated value
9,832 sqft · 0.17 AC lot
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222 Wisconsin Ave
OFFICE BUILDING

222 Wisconsin Ave, Lake Forest, IL 60045-1735

$2,320,000
Estimated value
27,176 sqft · 0.79 AC lot
View details
1401 Western Ave
OFFICE BUILDING

1401 Western Ave, Lake Forest, IL 60045-1256

$930,000
Estimated value
9,600 sqft · 0.32 AC lot
View details
840 Waukegan Rd
OFFICE BUILDING

840 Waukegan Rd, Lake Forest, IL 60045-2608

Value Estimation by Request
55,072 sqft · 2.19 AC lot
View details
560 Oakwood Ave
OFFICE BUILDING

560 Oakwood Ave, Lake Forest, IL 60045-1972

$1,905,000
Estimated value
11,330 sqft · 0.22 AC lot
View details
582 Oakwood Ave
OFFICE BUILDING

582 Oakwood Ave, Lake Forest, IL 60045-1974

$1,245,000
Estimated value
7,696 sqft · 0.16 AC lot
View details
596 Western Ave
OFFICE BUILDING

596 Western Ave, Lake Forest, IL 60045

Value Estimation by Request
5,190 sqft · 0.06 AC lot
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250 Illinois Rd
OFFICE BUILDING

250 Illinois Rd, Lake Forest, IL 60045-1969

$945,000
Estimated value
6,612 sqft · 0.07 AC lot
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915 Waukegan Rd
OFFICE BUILDING

915 Waukegan Rd, Lake Forest, IL 60045-2654

$1,715,000
Estimated value
17,342 sqft · 1.10 AC lot
View details
191 Deerpath
OFFICE BUILDING

191 Deerpath, Lake Forest, IL 60045-1967

$795,000
Estimated value
5,678 sqft · 0.06 AC lot
View details
570 Oakwood Ave
OFFICE BUILDING

570 Oakwood Ave, Lake Forest, IL 60045-5327

Value Estimation by Request
6,656 sqft · 0.23 AC lot
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1025 Everett Rd
OFFICE BUILDING

1025 Everett Rd, Lake Forest, IL 60045-2697

$1,840,000
Estimated value
15,738 sqft · 0.62 AC lot
View details
1000 Western Ave, Unit 21
OFFICE BUILDING

1000 Western Ave, Lake Forest, IL 60045-1207

Unit 21
Value Estimation by Request
3,900 sqft · 0.01 AC lot
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1022 Western Ave, Unit 22
OFFICE BUILDING

1022 Western Ave, Lake Forest, IL 60045-1207

Unit 22
Value Estimation by Request
3,900 sqft · 0.01 AC lot
View details
191 Deerpath
OFFICE BUILDING

191 Deerpath, Lake Forest, IL 60045-1967

$1,460,000
Estimated value
11,330 sqft · 0.06 AC lot
View details
181 Westminster
OFFICE BUILDING

181 Westminster, Lake Forest, IL 60045-1835

Value Estimation by Request
1,392 sqft · 0.07 AC lot
View details
207 Westminster
OFFICE BUILDING

207 Westminster, Lake Forest, IL 60045-1881

$2,935,000
Estimated value
24,892 sqft · 0.16 AC lot
View details
700 Westmoreland Rd
OFFICE BUILDING

700 Westmoreland Rd, Lake Forest, IL 60045-1679

Value Estimation by Request
9.46 AC lot
View details
210 Westminster
OFFICE BUILDING

210 Westminster, Lake Forest, IL 60045

$3,125,000
Estimated value
24,623 sqft · 0.16 AC lot
View details
585 Bank Ln
OFFICE BUILDING

585 Bank Ln, Lake Forest, IL 60045-5307

$1,030,000
Estimated value
17,640 sqft · 0.18 AC lot
View details
1100 Westmoreland Rd
OFFICE BUILDING

1100 Westmoreland Rd, Lake Forest, IL 60045-1695

$1,575,000
Estimated value
12,211 sqft · 6.08 AC lot
View details

Lake Forest, IL Office Buildings Market Trends and Statistics

Explore 30 office buildings for sale in Lake Forest, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 65,836 square feet of properties for sale, with an estimated market value of $3,900,000.

Sale prices for office properties in Lake Forest, IL start at $3,900,000, averaging $3,900,000, and reaching up to $3,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 14
Office Units 10
Coworking space 1
Medical Office Space 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Lake Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60045 $3.9M

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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