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    OFF-MARKET
    Retail properties & Spaces

    225 Deerpath Rd, Lake Forest, IL 60045

    47,863 SF Built 1988
    Property ID
    Property summary
    AI-generated overview

    Deerpath Plaza, a Class A, multi-tenant retail and office building in downtown Lake Forest, Illinois, offers exceptional leasing opportunities. This 47,863 square foot building, constructed in 1988, boasts 18,708 square feet of immediately available space, divisible into units ranging from 688 to 4,000 contiguous square feet. The property features an attractive atrium, a convenient elevator, and ample underground parking with 62 spaces. Its prime location at the corner of Deerpath Road and Oakwood Avenue provides excellent visibility and signage opportunities. The building is strategically situated within walking distance of the Lake Forest Metra Station and just over a mile from US Route 41, providing easy access to Interstate 94. This thriving location is surrounded by a wealth of established businesses, including Jewel-Osco, The Fresh Market, Walgreens, and numerous banks and restaurants, ensuring high foot traffic and visibility for tenants. The building's executive office spaces offer a sophisticated and productive work environment. The property is situated in Lake Forest, a highly affluent community with an average household income of approximately $265,000, making it an ideal location for businesses seeking a prestigious address and a strong customer base.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1988
    Total area 47,863 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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