2501-2585 Waukegan Rd Bannockburn, IL 60015
Bannockburn Green, located at 2501-2585 Waukegan Rd, Bannockburn, IL 60015, offers exceptional retail space for lease. This 160,114 square foot, multi-tenant commercial center, built in 1985, boasts 14 available spaces ranging from 494 to 2,715 contiguous square feet, with a total of 22,245 square feet currently vacant. The property is strategically situated at the southeast corner of the signalized intersection of Half Day Road (Route 22) and Waukegan Road, providing excellent visibility and accessibility. Benefit from a strong anchor tenant, Heinen's grocery store, and a diverse mix of established businesses including McDonald's, Newport Coffee, Mattress Firm, Jersey Mike's, and Sports Clips. The center enjoys a prime location within two miles of Deerfield and Lake Forest High Schools, serving approximately 3,000 students and faculty. Ample parking is available with a 363-space surface lot. Two monument signs ensure high visibility to the approximately 30,200 vehicles passing daily. Convenient access to Interstate 94, Route 41, and the Lake Forest Metra station further enhances the property's appeal. This Lake County property presents a unique opportunity to establish or expand your business in a thriving, affluent community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.