101 Waukegan Rd, Lake Bluff, IL 60044-1686
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.