Retail

Lake Forest, IL Retail Properties & Spaces for Lease

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6 properties
Downtown Office Unit with Atrium
Updated: Aug 7
Downtown Office Unit with Atrium

225 E Deerpath Rd, Lake Forest, IL 60045

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688 sqft
1,813 SF Class A office unit in downtown Lake Forest
Atrium and elevator included
Underground parking with 62 spaces
Signage fronting Deerpath Road
A few blocks from the Lake Forest Metra Station
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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
Downtown Lake Forest Retail/Office Space

225 E Deerpath Rd, Lake Forest, IL

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1,809 sqft 0.89 AC lot

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

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Two-Story Retail Office Building
Two-Story Retail Office Building

225 E Deerpath Road, Lake Forest, IL 60045

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Multi-tenant two-story building with atrium, elevator service, and 62 underground parking spaces in downtown Lake Forest.

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Monument Signage Storefront Retail
Monument Signage Storefront Retail

840 S Waukegan Rd, Lake Forest, IL 60045

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1,218 sqft

Storefront retail space totaling 1,218 RSF with building monument features and walkable access to the Metra station.

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Class A Retail-Office Atrium Building
Class A Retail-Office Atrium Building

225 E Deerpath Rd, Lake Forest, IL 60045

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2,060 sqft

Class A retail/office space with an atrium, elevator access, and underground parking for 62 vehicles.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Lake Forest, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 4 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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Retail Space in Vernon Hills
Retail Space in Vernon Hills

325 North Milwaukee Avenue, Vernon Hills, IL 60061

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8,000 sqft

Retail space with high traffic and excellent visibility.

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Former Bank Retail or Medical
Former Bank Retail or Medical

2595 Waukegan Rd, Bannockburn, IL 60015

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3,000 sqft

Single-tenant building offers about 3,000 SF at the signalized corner of Half Day Road and Waukegan Road.

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Retail Space for Lease
Retail Space for Lease

325 N Milwaukee Ave, Vernon Hills, IL 60061

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Retail space available for lease in Vernon Hills, Illinois.

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Similar Spaces for Sale in Lake Forest, IL

Consider Similar Space for Sale. We found 4 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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Retail Investment Property with 5% Cap
Retail Investment Property with 5% Cap

990 S. Waukegan Rd., Lake Forest, IL 60045

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12,046 sqft

Retail property offered with stated 5% cap rate and 12,046-square-foot building for sale.

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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

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3,600 sqft

Banks · 3,600 SF

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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 6 listings featured on our commercial real estate exchange. The current inventory includes 53,638 square feet of properties.
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