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Lake Forest, IL Retail Properties & Spaces for Lease

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Lake Forest Retail/Office Space
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47,863 SF

Lake Forest Retail/Office Space

225 E Deerpath Road, Lake Forest, IL 60045

Class A retail/office space in affluent Lake Forest suburb.

  • 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.
Updated: Nov 21, 2025
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Renovated Retail/Office Space Available
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Renovated Retail/Office Space Available

820 S Waukegan Rd, Lake Forest, IL 60045

Newly renovated retail and office spaces near Lake Forest Metra.

  • Walking distance from the Lake Forest Metra Station
  • Newly renovated common areas (2023)
  • High visibility location
  • Nearby tenants include Lou Malnati's
  • Nearby tenants include Starbucks
Updated: Mar 7
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Storefront Retail Space For Rent
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1,218 SF

Storefront Retail Space For Rent

1,218 RSF storefront retail with high visibility.

840 S Waukegan Rd, Lake Forest, IL
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Downtown Lake Forest Retail/Office Space
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1,809 SF

Downtown Lake Forest Retail/Office Space

Class A retail/office space in affluent Lake Forest, Illinois.

225 E Deerpath Rd, Lake Forest, IL
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Prime Retail Space in Lake Forest
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2,462 SF

Prime Retail Space in Lake Forest

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

248 Market Sq, Lake Forest, IL
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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.

Explore 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
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3,000 SF

Former Bank Building in Bannockburn

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

2595 Waukegan Road, Bannockburn, IL 60015
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Grocery Anchored Retail Space Available
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160,114 SF

Grocery Anchored Retail Space Available

Retail spaces for lease in affluent Bannockburn near major transportation.

2501-2585 Waukegan Rd, Bannockburn, IL 60015
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Retail Space in Highland Park
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2,216 SF

Retail Space in Highland Park

Retail space for lease with high visibility and access.

2060-2090 Skokie Valley Rd, Highland Park, IL
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Retail Space with High Visibility
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Retail Space with High Visibility

Retail space with high traffic and income demographics.

2060 Skokie Valley Rd, Highland Park, IL 60035
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Explore Similar Spaces for Sale in Lake Forest, IL

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

Lake Forest Retail Investment Opportunity
$6,368,420
3,600 SF

Lake Forest Retail Investment Opportunity

Chase Bank retail property in affluent Lake Forest, Illinois.

884 S Waukegan Rd, Lake Forest, IL
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Libertyville Office/Flex Portfolio For Sale
$3,900,000
65,836 SF

Libertyville Office/Flex Portfolio For Sale

18-property office/flex portfolio in Libertyville's commercial corridor.

13975 W Polo Trail Dr, Lake Forest, IL 60045
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Retail
$6,368,420
3,600 SF

Retail

Banks · 3,600 SF

884 S Waukegan Rd, Lake Forest, IL 60045
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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.

Prime Land Near Transportation Hub
$3 SF/Yr
40,963 SF

Prime Land Near Transportation Hub

Commercial land available for lease near public transportation.

4101 S State St, Chicago, IL 60609
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Plainfield Commercial Land For Rent
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Plainfield Commercial Land For Rent

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

SW corner of Rte 59 & Fraser Road, Plainfield, IL 60586
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Retail Development Land Near Walmart
Contact for pricing
12,000 SF

Retail Development Land Near Walmart

Outlots and pad site available for ground lease near I-80.

333 W Stevenson Rd OUTLOTS, Ottawa, IL 61350
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Jackson Commercial Property with I-94 Access
$5,500/Mo
8,416 SF

Jackson Commercial Property with I-94 Access

5.341 acre property with easy I-94 access for lease.

201 Brookley Avenue, Jackson, MI 49202
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Lake Forest, IL Retail properties & Spaces Leasing Opportunities Market Analysis

Explore Retail properties & Spaces leasing options in Lake Forest, IL with 5 listings featured on our commercial real estate exchange. The current inventory includes 229,561,200 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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