Lake Forest, IL Shopping centers for sale

Updated: Jul 8

Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

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47,863 sqft

Deerpath Plaza: 47,863 SF, two‑story mixed‑use retail and office building
Street‑corner location at Deerpath Road and Oakwood Avenue in downtown Lake Forest
In‑place NOI of approximately $592,000 at 74% occupancy
Diversified tenant mix including retail, medical, wellness, service, and professional office users
Built in 1988

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Updated: Apr 12

Two-Story Mixed-Use Retail Office Center

840 S Waukegan Rd, Lake Forest, IL 60045

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53,557 sqft

Constructed in 2008: Class A, two‑story mixed‑use community center with below‑ground heated parking
Approximately 53,122 RSF plus 435 SF of storage, occupied by 21 retail and office tenants
Currently 89.83% occupied with a 4.11‑year Weighted Average Lease Term (WALT) remaining
Located at 840 S. Waukegan Road, adjacent to the Metra Train Station
Ownership has invested $421,000+ in capital improvements since 2016, including modernized HVAC upgrades and asphalt/concrete replacements

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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 13 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 3 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.

Skokie Retail Plaza Opportunity

3718-3724 Dempster Street, Skokie, IL 60076

$799,000

7,500 sqft 0.27 AC lot

Six-unit retail plaza with upside potential in Skokie, Illinois.

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Multi-Tenant Retail Building in Libertyville

211 S Milwaukee Ave, Libertyville, IL 60048

$1,900,000

17,620 sqft 1.09 AC lot

Multi-tenant retail building with redevelopment potential in a prime location.

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Mini Strip Center with Three Stores

3406 MAIN Street, Skokie, IL 60076

$429,000

0.14 AC lot

Three-store retail mini strip center with 11 parking spaces and existing salon and bakery leases.

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Retail Center Restaurant and Stores

1742-1768 North Milwaukee Avenue, Libertyville, IL 60048

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2003-built retail center offers contiguous storefront space and a second-generation restaurant suite with FF&E available.

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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.

Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000

1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000

0.91 AC lot

Six lots on Madison Street, ideal for development.

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Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000

40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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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.

WHOLESALE OUTLET, DISCOUNT STORE

890 Western Ave, Lake Forest, IL 60045-1739

$4,000,000

Estimated value

57,450 sqft 1.08 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

825 Waukegan Rd, Lake Forest, IL 60045-2696

$5,050,000

Estimated value

43,277 sqft 1.11 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

850 Western Ave, Lake Forest, IL 60045-1703

$1,655,000

Estimated value

19,436 sqft 0.68 AC lot

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Lake Forest, IL Shopping Centers Market Trends and Statistics

Explore 5 shopping centers for sale in Lake Forest, IL on our real estate platform. These investment opportunities span a total of 101,420 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for plazas in Lake Forest, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.