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    Lake Forest, IL
    Retail

    Lake Forest, IL Retail Space for Sale

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    Lake Bluff, IL Highland Park, IL Highwood, IL
    Libertyville Office/Flex Portfolio For Sale
    Updated: Jun 7, 2024
    Libertyville Office/Flex Portfolio For Sale

    13975 W Polo Trail Dr, Lake Forest, IL 60045

    $3,900,000
    65,836 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads, plus 1 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.

    Retail Space in Downtown Libertyville
    Retail Space in Downtown Libertyville

    121 W Church Street, Libertyville, IL 60048

    $1,500,000
    0.71 AC lot

    2,000+ sq ft retail space in new building.

    View details
    Prime Libertyville Commercial Property
    Prime Libertyville Commercial Property

    134 S Milwaukee Avenue, Libertyville, IL 60048

    $375,000
    0.10 AC lot

    High-visibility commercial property ideal for office or retail use.

    View details
    Retail Spaces on Grand Avenue
    Retail Spaces on Grand Avenue

    2603-2709 Grand Ave, Waukegan, IL 60085

    Contact for pricing
    66,345 sqft

    Retail and office spaces available in Waukegan shopping center.

    View details
    Leased Office and Event Space
    Leased Office and Event Space

    814 Washington Street, Waukegan, IL 60085

    $250,000

    Fully leased office suites and event space with parking lot.

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft · 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    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
    RETAIL STORES (PERSONAL SERVICES)

    293 Deerpath, Lake Forest, IL 60045-5309

    $1,365,000
    Estimated value
    14,722 sqft · 0.19 AC lot
    View details
    225 Deerpath
    RETAIL STORES (PERSONAL SERVICES)

    225 Deerpath, Lake Forest, IL 60045-1952

    $6,065,000
    Estimated value
    85,494 sqft · 0.48 AC lot
    View details
    188 Westminster
    RETAIL STORES (PERSONAL SERVICES)

    188 Westminster, Lake Forest, IL 60045-1840

    $3,275,000
    Estimated value
    18,397 sqft · 0.26 AC lot
    View details
    246 Deerpath
    RETAIL STORES (PERSONAL SERVICES)

    246 Deerpath, Lake Forest, IL 60045-1939

    $750,000
    Estimated value
    7,700 sqft · 0.16 AC lot
    View details
    1005 Mckinley Rd
    RETAIL STORES (PERSONAL SERVICES)

    1005 Mckinley Rd, Lake Forest, IL 60045-1731

    Value Estimation by Request
    3,384 sqft · 0.17 AC lot
    View details
    202 Wisconsin Ave
    RETAIL STORES (PERSONAL SERVICES)

    202 Wisconsin Ave, Lake Forest, IL 60045-1706

    Value Estimation by Request
    4,084 sqft · 0.16 AC lot
    View details
    104 Washington Rd
    RETAIL STORES (PERSONAL SERVICES)

    104 Washington Rd, Lake Forest, IL 60045-2498

    Value Estimation by Request
    3,432 sqft · 0.16 AC lot
    View details
    197 Westminster
    RETAIL STORES (PERSONAL SERVICES)

    197 Westminster, Lake Forest, IL 60045-1801

    $905,000
    Estimated value
    8,800 sqft · 0.12 AC lot
    View details
    866 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    866 Western Ave, Lake Forest, IL 60045-1703

    $900,000
    Estimated value
    3,992 sqft · 0.21 AC lot
    View details
    145 Morris Ln
    RETAIL STORES (PERSONAL SERVICES)

    145 Morris Ln, Lake Forest, IL 60045-1388

    $11,825,000
    Estimated value
    78,088 sqft · 2.88 AC lot
    View details
    140 Morris Ln
    RETAIL STORES (PERSONAL SERVICES)

    140 Morris Ln, Lake Forest, IL 60045-1390

    $7,945,000
    Estimated value
    68,100 sqft · 1.28 AC lot
    View details
    950 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    950 Western Ave, Lake Forest, IL 60045-1742

    $1,915,000
    Estimated value
    66,279 sqft · 0.91 AC lot
    View details
    596 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    596 Western Ave, Lake Forest, IL 60045

    Value Estimation by Request
    5,190 sqft · 0.05 AC lot
    View details
    1085 Conway Rd
    RETAIL STORES (PERSONAL SERVICES)

    1085 Conway Rd, Lake Forest, IL 60045

    $2,950,000
    Estimated value
    28,565 sqft · 1.81 AC lot
    View details
    291 Illinois Rd
    RETAIL STORES (PERSONAL SERVICES)

    291 Illinois Rd, Lake Forest, IL 60045-1992

    $730,000
    Estimated value
    6,921 sqft · 0.15 AC lot
    View details
    224 Westminster
    RETAIL STORES (PERSONAL SERVICES)

    224 Westminster, Lake Forest, IL 60045-1840

    $1,135,000
    Estimated value
    12,600 sqft · 0.25 AC lot
    View details
    842 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    842 Western Ave, Lake Forest, IL 60045-1703

    $930,000
    Estimated value
    8,250 sqft · 0.45 AC lot
    View details
    630 Washington Rd
    RETAIL STORES (PERSONAL SERVICES)

    630 Washington Rd, Lake Forest, IL 60045-2208

    Value Estimation by Request
    4,560 sqft · 0.62 AC lot
    View details
    509 Deerpath
    RETAIL STORES (PERSONAL SERVICES)

    509 Deerpath, Lake Forest, IL 60045-2277

    Value Estimation by Request
    4,258 sqft · 0.54 AC lot
    View details
    828 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    828 Western Ave, Lake Forest, IL 60045-1703

    Value Estimation by Request
    2,700 sqft · 0.09 AC lot
    View details
    732 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    732 Western Ave, Lake Forest, IL 60045

    $605,000
    Estimated value
    6,850 sqft · 0.14 AC lot
    View details
    724 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    724 Western Ave, Lake Forest, IL 60045-1820

    Value Estimation by Request
    5,709 sqft · 0.10 AC lot
    View details
    720 Western Ave
    RETAIL STORES (PERSONAL SERVICES)

    720 Western Ave, Lake Forest, IL 60045-1820

    Value Estimation by Request
    5,925 sqft · 0.05 AC lot
    View details

    Lake Forest, IL Retail Space Market Trends and Statistics

    Explore 53 retail space for sale in Lake Forest, IL on our real estate platform. These investment opportunities span a total of 65,836 square feet of properties for sale, with an estimated market value of $3,900,000.

    Sale prices for retail space in Lake Forest, IL start at $3,900,000, averaging $3,900,000, and reaching up to $3,900,000 — 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

    Commercial property segments ranked by active listings on the market

    Banks 2
    Shopping centers 2
    Storefront properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60045 $3.9M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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