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    OFF-MARKET
    Turn key restaurants

    101 Waukegan Rd, Lake Bluff, IL 60044-1686

    3,446 SF 0.67 ac lot Built 1994
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-1514817
    Property summary
    AI-generated overview

    This exceptional Lake Bluff, Illinois office property at 101 Waukegan Road offers a substantial 35,000 square feet of sublease space in a Class B building totaling 93,903 square feet. The property is ideally suited for both traditional office and medical office tenants, boasting a fully furnished unit complete with private offices, two conference rooms, and cubicles. A private entrance and prominent signage along Waukegan Road (14,100 vehicles per day) enhance visibility and accessibility. Ample on-site parking is provided at a ratio of 5 spaces per 1,000 square feet. Its strategic location in Lake County offers significant advantages, including proximity to major transportation arteries. The property is within two miles of Interstate 94 and the Lake Bluff Metra station, ensuring convenient commuting options. Furthermore, its location within two miles of Northwestern Medical and Lake Forest Hospital makes it particularly attractive to medical users. This unique opportunity presents a fully furnished, move-in ready space with excellent visibility and convenient access to key amenities and transportation. The building features a single suite and is classified as a multi-tenant property. The property's address is 101 Waukegan Road, Lake Bluff, IL 60044.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1994
    Construction BRICK
    Total area 3,446 SF
    Lot 0.67 ac (29,185 SF)
    APN 12-19-108-010
    UPID US28-1514817
    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
    MCESSY INV
    MCESSY INV
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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