Property profile

28835 Herky Dr Lake Bluff, IL 60044

OFF-MARKET
Warehouses
3,800 SF 3 ac lot
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Property summary

AI-generated overview

This exceptional Lake Bluff investment opportunity presents two combined, side-by-side flex/warehouse units totaling 3,800 square feet, ideally suited for owner-occupiers. Located at 28835 N Herky Dr, Units 211 & 212, in Lake County, Illinois (zip code 60044), this Class B property sits on a 3-acre lot and offers a compelling price per square foot of $111.84. The asking price for both units is $425,000, or $212,500 per unit. The space boasts a desirable mix of office and warehouse areas. Approximately 1,800 square feet are dedicated to office space, featuring high-end finishes, six private offices, two restrooms, hardwood floors, an upscale entry with French doors, a windowed conference room, and a full kitchen. The remaining 2,000 square feet comprise the warehouse area, equipped with two overhead doors. The units are in excellent condition and benefit from convenient access to I-94. The ceiling height ranges from 9 to 12 feet. The property is zoned L-1 and offers a multi-tenant configuration. This is a rare opportunity to acquire a well-maintained, versatile property in a prime location.

Property profile

Verified
Property type Warehouses
Total area 3,800 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28835 Herky Dr Lake Bluff, IL 60044
Lake Bluff metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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