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    OFF-MARKET
    Retail properties & Spaces

    1355 Western Ave, Lake Forest, IL 60045

    10,032 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 1355 N. Western Avenue in Lake Forest, Illinois, within the highly desirable 1339-1363 Western Avenue retail strip center. The property boasts a total of 10,032 square feet, with 1,254 square feet currently available for lease. The space features a storefront design with a prominent glass facade, ensuring excellent visibility and attracting potential customers. Convenient street parking is available for customers, while tenants benefit from ample surface parking located at the rear of the building. The building is zoned B2 and is situated at the intersection of Western Avenue and Thomas Place in Lake County (zip code 60045). The property includes full basements and restrooms, providing added convenience and functionality for tenants. This multiple-tenancy building presents a fantastic opportunity for businesses seeking a high-traffic location with excellent visibility and ample parking. The available space is ideal for a variety of retail uses. The property's location in Lake Forest, Illinois offers a strong customer base and a vibrant commercial environment. This is a rare opportunity to secure a prime retail space in a thriving community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 10,032 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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