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Lake Forest, IL Office Spaces for Sale

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Lake Bluff, IL Highwood, IL Libertyville, IL Mettawa, IL Deerfield, IL North Chicago, IL Bannockburn, IL Highland Park, IL
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 41 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 29 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.

Versatile Office Space For Sale
Versatile Office Space For Sale

101 Waukegan Road, Lake Bluff, IL 60044

Contact for pricing
93,903 sqft

15,034 SF divisible office space suitable for medical use.

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Viking Office Park Office Suite
Viking Office Park Office Suite

28045 N Ashley Cir, Libertyville, IL 60048

Contact for pricing
1,920 sqft

Bright office space in Libertyville's Viking Office Park.

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Move-In Ready Office Condominium Suite
Move-In Ready Office Condominium Suite

28045 Ashley Cir, Libertyville, IL 60048

Contact for pricing
20,000 sqft

Updated office suite with seven private offices, a skylit conference room, kitchenette, and two restrooms.

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Versatile Retail and Office Building
Versatile Retail and Office Building

33 N. Waukegan Road, Lake Bluff, IL 60044

Contact for pricing

Freestanding commercial property with strong visibility and easy access on a major Lake County thoroughfare.

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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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Land in Prime Deer Park Location
Land in Prime Deer Park Location

20406 N Rand Road, Deer Park, IL 60047

$1,000,000
1.79 AC lot

1.79 acres of commercial land in Deer Park, Illinois.

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Corner Commercial Land
Corner Commercial Land

21 Hillside Drive, Fox Lake, IL 60020

$299,900
2.10 AC lot

Level commercial land with existing curb cuts and water and sewer available to the site.

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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
View details
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
1400 Western Ave
MEDICAL CLINIC

1400 Western Ave, Lake Forest, IL 60045-5404

Estimated value:
$400,000
7,325 sqft 0.48 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

Lake Forest, IL Office Spaces Market Trends and Statistics

Explore 33 office spaces 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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