Lake Forest, IL
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    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
    $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 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.

    Highwood Retail Property For Sale
    $1,250,000
    6,400 SF

    Highwood Retail Property For Sale

    6,400 SF retail property in Highwood, Lake County.

    742 Sheridan Road, Highwood, IL 60040
    View details
    Retail Spaces on Grand Avenue
    Contact for pricing
    66,345 SF

    Retail Spaces on Grand Avenue

    Retail and office spaces available in Waukegan shopping center.

    2603-2709 Grand Ave, Waukegan, IL 60085
    View details
    Leased Office and Event Space
    $250,000

    Leased Office and Event Space

    Fully leased office suites and event space with parking lot.

    814 Washington Street, Waukegan, IL 60085
    View details
    Two-Story Retail Building For Sale
    $1,250,000
    16,400 SF

    Two-Story Retail Building For Sale

    Two-story retail building in Highwood entertainment corridor.

    210 Green Bay Rd, Highwood, IL
    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
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

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

    3229 State Road 207, Elkton, FL 32033
    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
    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
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    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
    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
    842 Western Ave

    842 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 8,250 SF
    Value Estimation
    $930,000
    842 Western Ave, Lake Forest, IL 60045-1703
    View details
    630 Washington Rd

    630 Washington Rd

    RETAIL STORES (PERSONAL SERVICES) • 4,560 SF
    Value Estimation by Request
    630 Washington Rd, Lake Forest, IL 60045-2208
    View details
    509 Deerpath

    509 Deerpath

    RETAIL STORES (PERSONAL SERVICES) • 4,258 SF
    Value Estimation by Request
    509 Deerpath, Lake Forest, IL 60045-2277
    View details
    828 Western Ave

    828 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
    Value Estimation by Request
    828 Western Ave, Lake Forest, IL 60045-1703
    View details
    732 Western Ave

    732 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 6,850 SF
    Value Estimation
    $605,000
    732 Western Ave, Lake Forest, IL 60045
    View details
    724 Western Ave

    724 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 5,709 SF
    Value Estimation by Request
    724 Western Ave, Lake Forest, IL 60045-1820
    View details
    720 Western Ave

    720 Western Ave

    RETAIL STORES (PERSONAL SERVICES) • 5,925 SF
    Value Estimation by Request
    720 Western Ave, Lake Forest, IL 60045-1820
    View details

    Lake Forest, IL Retail Space Investment Opportunities Market Analysis

    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

    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 $3.9M

    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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