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    Lake Forest, IL
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    Lake Forest, IL Retail Properties & Spaces for Sale

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    Lake Bluff, IL Highland Park, IL Highwood, IL
    Lake Forest Retail Investment Opportunity
    $6,368,420
    3,600 SF

    Lake Forest Retail Investment Opportunity

    884 S Waukegan Rd, Lake Forest, IL

    Chase Bank retail property in affluent Lake Forest, Illinois.

    • Chase Bank 20‑year lease commenced in December 2018.
    • 10% rent increases every 5 years provide an inflation hedge.
    • Located in Lake Forest, one of the wealthiest towns in America (average household income exceeds $384,000).
    • Adjacent to the METRA North line for convenient access to downtown Chicago.
    • Chase branch serves high net worth individuals, family offices, and businesses.
    Updated: Jul 26, 2023
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    Libertyville Office/Flex Portfolio For Sale
    $3,900,000
    65,836 SF

    Libertyville Office/Flex Portfolio For Sale

    13975 W Polo Trail Dr, Lake Forest, IL 60045

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

    • Excellent accessibility due to proximity (1 mile) to I‑94, connecting the North Shore to Chicago.
    • Significant value‑add opportunity through increased occupancy.
    • Stable positive cash flow from current 63% occupancy.
    • Long‑term value due to low rent and price per square foot (PSF).
    • Located in a dense commercial corridor of Libertyville.
    Updated: Jun 7, 2024
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    Based on your search, we've compiled 89 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 79 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Established Nail Salon Opportunity
    $100,000
    1,200 SF

    Established Nail Salon Opportunity

    Thriving nail salon in prime location with no competition.

    2314 Green Bay Road, North Chicago, IL 60064
    View details
    North Chicago Commercial Building For Sale
    $180,000
    5,928 SF

    North Chicago Commercial Building For Sale

    Two-story commercial building in North Chicago's central business district.

    2030 Greenbay Road, North Chicago, IL 60064
    View details
    Retail Space in Vernon Hills
    Contact for pricing
    13,885 SF

    Retail Space in Vernon Hills

    Multi-tenant outlot building with high visibility and redevelopment potential.

    850 N Milwaukee Avenue |, Vernon Hills, IL 60061
    View details
    Mariano's Fresh Market Investment Opportunity
    Contact for pricing
    71,248 SF

    Mariano's Fresh Market Investment Opportunity

    Single-tenant NNN leased grocery asset with long-term lease.

    1720 N Milwaukee Ave, Vernon Hills, IL 60061
    View details

    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.

    Land in North Chicago, IL
    $89,900

    Land in North Chicago, IL

    Commercial land available for sale in North Chicago, Illinois.

    1718 Martin Luther King Jr Drive, North Chicago, IL 60064
    View details
    Mixed-Use Development Site Opportunity
    $1,600,000
    0.84 Acres

    Mixed-Use Development Site Opportunity

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details
    Highland Park Mixed-Use Development Site
    $1,600,000
    0.83 Acres

    Highland Park Mixed-Use Development Site

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details
    Land Available Near I-94
    $999,500

    Land Available Near I-94

    Land for sale near I-94 and Belvidere Rd Exit.

    601 Lakehurst Road, Waukegan, IL 60085
    View details

    Off-Market Properties in Lake Forest, IL

    Consider similar Off-Market properties in Lake Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    293 Deerpath

    293 Deerpath

    RETAIL STORES (PERSONAL SERVICES) • 14,722 SF
    Value Estimation
    $1,365,000
    293 Deerpath, Lake Forest, IL 60045-5309
    View details
    225 Deerpath

    225 Deerpath

    RETAIL STORES (PERSONAL SERVICES) • 85,494 SF
    Value Estimation
    $6,065,000
    225 Deerpath, Lake Forest, IL 60045-1952
    View details
    188 Westminster

    188 Westminster

    RETAIL STORES (PERSONAL SERVICES) • 18,397 SF
    Value Estimation
    $3,275,000
    188 Westminster, Lake Forest, IL 60045-1840
    View details
    246 Deerpath

    246 Deerpath

    RETAIL STORES (PERSONAL SERVICES) • 7,700 SF
    Value Estimation
    $750,000
    246 Deerpath, Lake Forest, IL 60045-1939
    View details
    1005 Mckinley Rd

    1005 Mckinley Rd

    RETAIL STORES (PERSONAL SERVICES) • 3,384 SF
    Value Estimation by Request
    1005 Mckinley Rd, Lake Forest, IL 60045-1731
    View details
    202 Wisconsin Ave

    202 Wisconsin Ave

    RETAIL STORES (PERSONAL SERVICES) • 4,084 SF
    Value Estimation by Request
    202 Wisconsin Ave, Lake Forest, IL 60045-1706
    View details
    104 Washington Rd

    104 Washington Rd

    RETAIL STORES (PERSONAL SERVICES) • 3,432 SF
    Value Estimation by Request
    104 Washington Rd, Lake Forest, IL 60045-2498
    View details
    197 Westminster

    197 Westminster

    RETAIL STORES (PERSONAL SERVICES) • 8,800 SF
    Value Estimation
    $905,000
    197 Westminster, Lake Forest, IL 60045-1801
    View details
    1407 Western Ave

    1407 Western Ave

    PARKING GARAGE, PARKING STRUCTURE • 8,806 SF
    Value Estimation
    $970,000
    1407 Western Ave, Lake Forest, IL 60045-1228
    View details
    890 Western Ave

    890 Western Ave

    WHOLESALE OUTLET, DISCOUNT STORE • 57,450 SF
    Value Estimation
    $4,000,000
    890 Western Ave, Lake Forest, IL 60045-1739
    View details
    824 Western Ave

    824 Western Ave

    FINANCIAL BUILDING • 10,000 SF
    Value Estimation
    $865,000
    824 Western Ave, Lake Forest, IL 60045-1703
    View details
    866 Western Ave

    866 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 3,992 SF
    Value Estimation
    $900,000
    866 Western Ave, Lake Forest, IL 60045-1703
    View details
    655 Frst Ave

    655 Frst Ave

    RESTAURANT • 14,787 SF
    Value Estimation
    $2,860,000
    655 Frst Ave, Lake Forest, IL 60045-1819
    View details
    145 Morris Ln

    145 Morris Ln

    RETAIL STORES (PERSONAL SERVICES) • 78,088 SF
    Value Estimation
    $11,825,000
    145 Morris Ln, Lake Forest, IL 60045-1388
    View details
    140 Morris Ln

    140 Morris Ln

    RETAIL STORES (PERSONAL SERVICES) • 68,100 SF
    Value Estimation
    $7,945,000
    140 Morris Ln, Lake Forest, IL 60045-1390
    View details
    950 Western Ave

    950 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 66,279 SF
    Value Estimation
    $1,915,000
    950 Western Ave, Lake Forest, IL 60045-1742
    View details
    193 Deerpath

    193 Deerpath

    CONVENIENCE STORE • 1,800 SF
    Value Estimation by Request
    193 Deerpath, Lake Forest, IL 60045-1911
    View details
    596 Western Ave

    596 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 5,190 SF
    Value Estimation by Request
    596 Western Ave, Lake Forest, IL 60045
    View details
    1085 Conway Rd

    1085 Conway Rd

    RETAIL STORES (PERSONAL SERVICES) • 28,565 SF
    Value Estimation
    $2,950,000
    1085 Conway Rd, Lake Forest, IL 60045
    View details
    291 Illinois Rd

    291 Illinois Rd

    RETAIL STORES (PERSONAL SERVICES) • 6,921 SF
    Value Estimation
    $730,000
    291 Illinois Rd, Lake Forest, IL 60045-1992
    View details
    224 Westminster

    224 Westminster

    RETAIL STORES (PERSONAL SERVICES) • 12,600 SF
    Value Estimation
    $1,135,000
    224 Westminster, Lake Forest, IL 60045-1840
    View details
    265 Deerpath

    265 Deerpath

    FINANCIAL BUILDING • 41,736 SF
    Value Estimation
    $1,940,000
    265 Deerpath, Lake Forest, IL 60045-1938
    View details

    Lake Forest, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 81 retail properties & spaces for sale in Lake Forest, IL on our real estate platform. These investment opportunities span a total of 69,436 square feet of properties for sale, with an estimated market value of $10,268,420.

    Sale prices for stores in Lake Forest, IL start at $3,900,000, averaging $5,134,210, and reaching up to $6,368,420 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 2
    Banks 1
    Storefront properties 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -0.8%
    Median Household Income $225,551

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake Forest submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60045 $5.1M

    Taxes & Financing

    Tax Rate (average for all types) 6.70%
    Property Tax per SF $18.26 per sq ft
    Average Loan-to-Value 65.0%

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