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Lake Forest, IL Retail Properties & Spaces for Lease

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Lake Forest Retail/Office Space
Updated: Nov 21, 2025
Lake Forest Retail/Office Space

225 E Deerpath Road, Lake Forest, IL 60045

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47,863 sqft
Located in downtown Lake Forest, one of the top 50 wealthiest cities in the U.S.
Class A retail/office building offering flexible space options: up to 2,300 SF ground floor retail and 1,250 - 4,300 SF second floor office space.
Excellent accessibility: close to the Lake Forest Metra Station and U.S. Route 41.
Features desirable amenities: atrium, elevator, underground parking (62 spaces), and signage fronting Deerpath Road.
Surrounded by a strong mix of national and local retailers.
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Downtown Lake Forest Retail/Office Space
Updated: Nov 24, 2025
Downtown Lake Forest Retail/Office Space

225 E Deerpath Rd, Lake Forest, IL

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1,809 sqft
Class A retail/office space in downtown Lake Forest
Located in a top 50 wealthiest city with high average household income
Excellent accessibility to Metra and U.S. Route 41
Proximity to Lake Forest College and Lake Forest Hospital
Features underground parking with 62 spaces
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Storefront Retail Space For Rent
Storefront Retail Space For Rent

840 S Waukegan Rd, Lake Forest, IL

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1,218 sqft

1,218 RSF storefront retail with high visibility.

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Renovated Retail/Office Space Available
Renovated Retail/Office Space Available

820 S Waukegan Rd, Lake Forest, IL 60045

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Newly renovated retail and office spaces near Lake Forest Metra.

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Prime Retail Space in Lake Forest
Prime Retail Space in Lake Forest

248 Market Sq, Lake Forest, IL

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2,462 sqft

Retail space in a high-traffic shopping center near Metra.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Lake Forest, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 3 Properties for Sales.

Retail properties & Spaces for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Former Bank Building in Bannockburn
Former Bank Building in Bannockburn

2595 Waukegan Road, Bannockburn, IL 60015

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3,000 sqft

Freestanding building suitable for retail, medical, or office use.

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Grocery Anchored Retail Space Available
Grocery Anchored Retail Space Available

2501-2585 Waukegan Rd, Bannockburn, IL 60015

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160,114 sqft

Retail spaces for lease in affluent Bannockburn near major transportation.

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Retail Space in Highland Park
Retail Space in Highland Park

2060-2090 Skokie Valley Rd, Highland Park, IL

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2,216 sqft

Retail space for lease with high visibility and access.

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Retail Space with High Visibility
Retail Space with High Visibility

2060 Skokie Valley Rd, Highland Park, IL 60035

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Retail space with high traffic and income demographics.

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Similar Spaces for Sale in Lake Forest, IL

Consider Similar Space for Sale. We found 3 Spaces matching your search parameters.

Two-Story Mixed-Use Retail Office
Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

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47,863 sqft

Two-story mixed-use building with retail and office space at a downtown street-corner location.

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Two-Story Mixed-Use Retail Office Center
Two-Story Mixed-Use Retail Office Center

840 S Waukegan Rd, Lake Forest, IL 60045

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53,557 sqft

Forest Square is a two-story mixed-use community center with below-ground heated parking and space for retail and office tenants.

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Retail
Retail

884 S Waukegan Rd, Lake Forest, IL 60045

$6,368,420
3,600 sqft

Banks · 3,600 SF

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot on N Mohawk
Vacant Lot on N Mohawk

1301 N Mohawk St, Chicago, IL 60610

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2,402 sqft

Vacant lot available for lease in Chicago, IL.

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Asphalt Lot with Night Lighting
Asphalt Lot with Night Lighting

4810 173rd St, Country Club Hills, IL 60478

$48,000 SF/Yr

Commercial lot with lighting and easy highway access for rent.

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Plainfield Commercial Land For Rent
Plainfield Commercial Land For Rent

SW corner of Rte 59 & Fraser Road, Plainfield, IL 60586

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6.491 acre commercial land available for rent in Plainfield, IL.

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Commercial Land Lease Opportunity
Commercial Land Lease Opportunity

2960 Matson Drive, Chesterton, IN 46304

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Land parcels available for lease in high-traffic Chesterton area.

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Lake Forest, IL Retail properties & Spaces Market Trends and Statistics

Explore Retail properties & Spaces leasing options in Lake Forest, IL with 5 listings featured on our commercial real estate exchange. The current inventory includes 53,352 square feet of properties with an estimated lease value of $0.00 SF/Yr.

Estimated lease rates for Retail properties & Spaces in Lake Forest, IL begin at $0.00 SF/Yr, with an average of $0.00 SF/Yr and extend to $0.00 SF/Yr.
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