Property profile

2121 WAUKEGAN RD Bannockburn, IL 60015

OFF-MARKET
Office Building
Property ID
US28-5846880
996 SF 9.46 ac lot Built 1998
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Property summary

AI-generated overview

The property is an office-flex campus set on approximately 50 acres and includes a tenant amenity center with lounge seating, TVs, complimentary Wi‑Fi, parlor games, food service options, two conference rooms, and a fitness center, along with an outdoor patio for meetings or meals. The building configuration supports multiple office suite sizes, including full-floor options of approximately 36,000 square feet, and is described as offering spec suites with new construction and furnishings. One identified suite (Suite 200E) is a fully furnished space with Cat 5 cabling and a window line offering views; it contains five private offices with exterior views, two shared office areas with carrel seating, 104 bench-style adjustable height desks, a soft seating/collaboration area, a kitchen/lounge/gaming room, conference rooms, and a large storage/work room. Tenant-facing services and programs referenced for the campus include Glenstar Connect, which provides community-building and engagement activities, and access to the adjacent Midtown Athletic Club. Additional suite layout details provided for the property include seven private offices, one private office with an adjoining work area, one large open office area, and a storage room.

Property profile

Verified
Property type Office Building
Year built 1998
Total area 996 SF
Lot 9.46 ac (411,903 SF)
APN 16-20-200-038
UPID US28-5846880

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Accounting Firm Tax Preparation
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank

Location

2121 WAUKEGAN RD Bannockburn, IL 60015
Bannockburn metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2025
Last sale
$500,000
3 recorded transactions
2025
$500,000
2017
$6.4M
2017
$6.3M
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