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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2501-2585 Waukegan Rd Bannockburn, IL 60015

160,114 SF Built 1985
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1985
Total area 160,114 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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