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Lake Forest, IL Office Buildings 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

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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Conway Park Office Building
Conway Park Office Building

500 N Field Dr, Lake Forest, IL 60045

Contact for pricing
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 39 Potential Opportunities for your consideration. Besides 4 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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Four-Story Multi-Tenant Office Building
Four-Story Multi-Tenant Office Building

75 N Fairway Dr, Vernon Hills, IL 60061

Contact for pricing
189,686 sqft

Full-service café, abundant surface parking, and 100% occupancy with two corporate tenants and lease commitments through 2031.

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

545 North Milwaukee Avenue, Libertyville, IL 60048

Contact for pricing
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.

Triangular Corner Commercial Land
Triangular Corner Commercial Land

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

Raw commercial parcel positioned near the Randall Road corridor and across from an elementary school.

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Office Building
Office Building

7314 Hancock Drive, Wonder Lake, IL 60097

$300,000
0.35 AC lot

The office property has its own city water and sewer service and may be purchased separately from the adjoining parcel.

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Commercial Land with Water Available
Commercial Land with Water Available

3918 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

Vacant commercial parcel with COMMR zoning and water available near Ogden Avenue and shopping centers.

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Westmont Commercial Land For Sale
Westmont Commercial Land For Sale

3920 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

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

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

222 Wisconsin Ave, Lake Forest, IL 60045-1735

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

1401 Western Ave, Lake Forest, IL 60045-1256

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

840 Waukegan Rd, Lake Forest, IL 60045-2608

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

560 Oakwood Ave, Lake Forest, IL 60045-1972

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

582 Oakwood Ave, Lake Forest, IL 60045-1974

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

596 Western Ave, Lake Forest, IL 60045

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

250 Illinois Rd, Lake Forest, IL 60045-1969

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

915 Waukegan Rd, Lake Forest, IL 60045-2654

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

191 Deerpath, Lake Forest, IL 60045-1967

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

570 Oakwood Ave, Lake Forest, IL 60045-5327

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

1025 Everett Rd, Lake Forest, IL 60045-2697

Estimated value:
$570,000
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
Estimated value:
$315,000
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
Estimated value:
$320,000
3,900 sqft 0.01 AC lot
View details
191 Deerpath
OFFICE BUILDING

191 Deerpath, Lake Forest, IL 60045-1967

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

181 Westminster, Lake Forest, IL 60045-1835

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

207 Westminster, Lake Forest, IL 60045-1881

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

700 Westmoreland Rd, Lake Forest, IL 60045-1679

Estimated value:
$415,000
9.46 AC lot
View details
210 Westminster
OFFICE BUILDING

210 Westminster, Lake Forest, IL 60045

Estimated value:
$745,000
24,623 sqft 0.16 AC lot
View details
585 Bank Ln
OFFICE BUILDING

585 Bank Ln, Lake Forest, IL 60045-5307

Estimated value:
$570,000
17,640 sqft 0.18 AC lot
View details

Lake Forest, IL Office Buildings Market Trends and Statistics

Explore 31 office buildings for sale in Lake Forest, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 305,617 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 Units 12
Office buildings 9
Coworking space 1
Medical Office 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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