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    OFF-MARKET
    Office buildings

    133 Laurel Ave, Lake Forest, IL 60045-1326

    6,492 SF 0.14 ac lot Built 1990
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US28-1810803
    Property summary
    AI-generated overview

    This exceptional two-story office building, constructed in 1993, offers a fantastic opportunity to lease a beautifully appointed first-floor space. Located in a tranquil neighborhood, this property boasts convenient proximity to downtown Lake Forest and the train station, ensuring easy access for both employees and clients. The available space totals 650 square feet, perfect for a small business or satellite office. The entire building comprises 3,400 square feet, currently featuring multiple tenants. The building sits on a 0.3-acre lot and includes two parking spaces for added convenience. The building is equipped with an elevator, enhancing accessibility. Large windows throughout the available space provide ample natural light and pleasant views of the surrounding area. The quiet neighborhood offers a peaceful work environment, while the central location provides easy access to all that downtown Lake Forest has to offer. The 600 square feet of vacant space presents a unique opportunity to customize the space to meet your specific business needs. This is an ideal location for businesses seeking a professional and convenient office space in a desirable Lake Forest setting. Don't miss this chance to secure a prime location in a well-maintained building.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1990
    Construction BRICK
    Total area 6,492 SF
    Lot 0.14 ac (5,998 SF)
    APN 12-28-307-008
    UPID US28-1810803
    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
    Laniel Razdolsky & Monika Tinc · 10 yrs held
    Laniel Razdolsky & Monika Tinc
    since 2015
    3 recorded transactions
    2021
    2015
    $850,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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