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Lake Forest, IL Office Buildings for Sale

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Lake Bluff, IL Highland Park, IL Highwood, IL Libertyville, IL North Chicago, IL Bannockburn, IL Lincolnshire, IL Green Oaks, IL
6 properties
Two-Story Mixed-Use Retail Office
Updated: Jul 8
Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

Contact for pricing
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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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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Mixed-Use Day Care and Cafe
Mixed-Use Day Care and Cafe

600 N Field Dr, Lake Forest, IL 60045

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137,498 sqft

Day care and an on-site cafe share an outdoor plaza with seating.

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Three-Story Office Building
Three-Story Office Building

191 E Deerpath Rd, Lake Forest, IL 60045

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16,428 sqft

Three-story office building with sizable floor plates designed for flexible office layouts.

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Two-Story Mixed-Use Retail Office Center
Two-Story Mixed-Use Retail Office Center

840 S Waukegan Rd, Lake Forest, IL 60045

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53,557 sqft

Forest Square is a two-story mixed-use community center with below-ground heated parking and space for retail and office tenants.

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Conway Park Office Building
Conway Park Office Building

500 N Field Dr, Lake Forest, IL 60045

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103,828 sqft

Office building in Conway Park offering 103,828 square feet of space within a North Suburban office development.

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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 6 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.

Office-Warehouse with Overhead Door
Office-Warehouse with Overhead Door

Libertyville, IL 60048

Contact for pricing
2,622 sqft

Freshly built-out office-warehouse includes office improvements and a 1020 overhead loading door.

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Vernon Hills Single-Story Office Building
Vernon Hills Single-Story Office Building

565 Lakeview, Vernon Hills, IL 60061

Contact for pricing
86,122 sqft

86,122 SF office building suitable for general and medical use.

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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 Business Park Campus
Mixed-Use Business Park Campus

1000 Corporate Woods Pkwy, Vernon Hills, IL 60061

Contact for pricing

A largely developed mixed-use campus with office and light industrial/distribution space and multiple major tenants.

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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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Office Building with Central Air
Office Building with Central Air

7314 Hancock Drive, Wonder Lake, IL 60097

$250,000
0.35 AC lot

Commercially zoned office property with concrete, wood, and aluminum siding construction in Wonder Lake.

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Westmont Commercial Land For Sale
Westmont Commercial Land For Sale

3918 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

Versatile vacant lot suitable for commercial or residential development.

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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
View details
222 Wisconsin Ave
OFFICE BUILDING

222 Wisconsin Ave, Lake Forest, IL 60045-1735

$2,700,000
Estimated value
27,176 sqft 0.79 AC lot
View details
1401 Western Ave
OFFICE BUILDING

1401 Western Ave, Lake Forest, IL 60045-1256

$955,000
Estimated value
9,600 sqft 0.32 AC lot
View details
840 Waukegan Rd
OFFICE BUILDING

840 Waukegan Rd, Lake Forest, IL 60045-2608

$20,990,000
Estimated value
55,072 sqft 2.19 AC lot
View details
560 Oakwood Ave
OFFICE BUILDING

560 Oakwood Ave, Lake Forest, IL 60045-1972

$2,050,000
Estimated value
11,330 sqft 0.22 AC lot
View details
582 Oakwood Ave
OFFICE BUILDING

582 Oakwood Ave, Lake Forest, IL 60045-1974

$1,380,000
Estimated value
7,696 sqft 0.16 AC lot
View details
596 Western Ave
OFFICE BUILDING

596 Western Ave, Lake Forest, IL 60045

$335,000
Estimated value
5,190 sqft 0.06 AC lot
View details
250 Illinois Rd
OFFICE BUILDING

250 Illinois Rd, Lake Forest, IL 60045-1969

$445,000
Estimated value
6,612 sqft 0.07 AC lot
View details
915 Waukegan Rd
OFFICE BUILDING

915 Waukegan Rd, Lake Forest, IL 60045-2654

$395,000
Estimated value
17,342 sqft 1.10 AC lot
View details
191 Deerpath
OFFICE BUILDING

191 Deerpath, Lake Forest, IL 60045-1967

$395,000
Estimated value
5,678 sqft 0.06 AC lot
View details
570 Oakwood Ave
OFFICE BUILDING

570 Oakwood Ave, Lake Forest, IL 60045-5327

$380,000
Estimated value
6,656 sqft 0.23 AC lot
View details
1025 Everett Rd
OFFICE BUILDING

1025 Everett Rd, Lake Forest, IL 60045-2697

$570,000
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
$315,000
Estimated value
3,900 sqft 0.01 AC lot
View details
1022 Western Ave, Unit 22
OFFICE BUILDING

1022 Western Ave, Lake Forest, IL 60045-1207

Unit 22
$320,000
Estimated value
3,900 sqft 0.01 AC lot
View details
191 Deerpath
OFFICE BUILDING

191 Deerpath, Lake Forest, IL 60045-1967

$490,000
Estimated value
11,330 sqft 0.06 AC lot
View details
181 Westminster
OFFICE BUILDING

181 Westminster, Lake Forest, IL 60045-1835

$310,000
Estimated value
1,392 sqft 0.07 AC lot
View details
207 Westminster
OFFICE BUILDING

207 Westminster, Lake Forest, IL 60045-1881

$710,000
Estimated value
24,892 sqft 0.16 AC lot
View details
700 Westmoreland Rd
OFFICE BUILDING

700 Westmoreland Rd, Lake Forest, IL 60045-1679

$415,000
Estimated value
9.46 AC lot
View details

Lake Forest, IL Office Buildings Market Trends and Statistics

Explore 33 office buildings for sale in Lake Forest, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 375,602 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 18
Office Units 11
Coworking space 1

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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