Property summary
This exceptional investment opportunity presents a two-building, 45,018 square foot Class B multi-tenant office complex situated on a 3.18-acre lot at 900 N Shore Dr, Lake Bluff, IL 60044. Built in 1978, the property boasts a 94% occupancy rate and generates a substantial Net Operating Income (NOI) of approximately $354,035.41. The property features 152 parking spaces (4.67 per 1,000 square feet), keycard security, 24-hour access, and a shared conference/lunch room. Its strategic location offers easy access to US Route 41, Interstate 94, and the Lake Bluff Metra station. The L-1 zoned property benefits from its proximity to a wealth of amenities, including Northwestern Medicine Lake Forest Hospital, several schools, and a wide array of national and local retailers such as Target, Heinen's Grocery Store, Walgreens, and numerous restaurants. The affluent Lake Bluff location, part of the North Shore, boasts an average household income exceeding $178,000 within a one-mile radius, ensuring strong tenant demand and long-term value. This property represents a compelling investment opportunity with significant upside potential due to its strong cash flow, prime location, and desirable amenities. Low Lake County taxes further enhance its attractiveness.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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