Warehouse

Lake Forest, IL Warehouses for Sale

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Lake Bluff, IL Highland Park, IL Highwood, IL
Fully Occupied Industrial Asset
Updated: May 18
Fully Occupied Industrial Asset

28101 Ballard Dr, Lake Forest, IL 60045

$3,425,000
32,003 sqft · 1.87 AC lot
Located in the South Lake submarket, outperforming national averages.
Strategic location approximately one mile from Interstate 94 and close to U.S. Route 41.
Fully occupied 32,003‑square‑foot six‑unit shallow‑bay industrial asset.
Features seven grade‑level doors and five dock‑high doors.
Zoned for limited industrial use, allowing for a range of tenants.
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Renovated Industrial Buildings For Sale
Updated: Sep 15, 2025
Renovated Industrial Buildings For Sale

28041 N Bradley Rd, Lake Forest, IL

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35,482 sqft · 2.83 AC lot
Fully renovated 23,482 SF Building A (completed in 2025) with new roof, HVAC, lighting, epoxy floors, and rebuilt parking lot.
Immediate access to I‑94 and Route 41 in the Lake Forest business park.
Existing income from fully leased 12,000 SF Building B with four drive‑in doors.
Building A features 18' clear height, 1,200 AMP / 220V 3‑phase power, and a 1‑ton crane.
Two interior docks (one with leveler) and one drive‑in door (with another proposed) in Building A.
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Renovated Industrial Buildings with Income
Renovated Industrial Buildings with Income

28041 Bradley Rd, Lake Forest, IL 60045

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35,482 sqft

Two industrial buildings on 2.82 acres with income potential.

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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 3 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Waukegan Warehouse with Fenced Storage
Waukegan Warehouse with Fenced Storage

1445 11th St, Waukegan, IL 60085

$4,050,000
82,500 sqft

82,500 SF warehouse with 1.6 acres fenced storage.

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Waukegan Warehouse with Outdoor Storage
Waukegan Warehouse with Outdoor Storage

1445 11th St, Waukegan, IL 60085

$4,050,000
82,500 sqft

82,500 SF warehouse on 4.12 acres with fenced storage.

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Air-Conditioned Warehouse in Industrial Park
Air-Conditioned Warehouse in Industrial Park

1011 WOODLANDS PKWY, Vernon Hills, IL 60061

Contact for pricing
97,134 sqft

Fully air-conditioned warehouse with high visibility access on Route 45 and a generator for uninterrupted operations.

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Versatile Flex and Industrial Suites
Versatile Flex and Industrial Suites

Lakeview Pkwy and Fairway Drive, Vernon Hills, IL 60061

Contact for pricing
151,925 sqft

Office, flex, and industrial suites with expansion potential.

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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.

Industrial Land on Wheeling Road
Industrial Land on Wheeling Road

1033 S Wheeling Road, Wheeling, IL 60090

$750,000
0.98 AC lot

Nearly one acre of industrial land with frontage on Wheeling Road.

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Industrial Development Site in Glen Ellyn
Industrial Development Site in Glen Ellyn

1N450 Highland Avenue, Glen Ellyn, IL 60137

$2,500,000
6.00 AC lot

5.95-acre industrial development site in DuPage County.

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Vacant Land in Gilberts
Vacant Land in Gilberts

Lot1 And Lot1a Koppie Road, Gilberts, IL 60136

$982,488
8.52 AC lot

8.52 acres of land zoned I-1 and P.

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Industrial Land in Gilberts
Industrial Land in Gilberts

Lot 1 Koppie Road, Gilberts, IL 60136

$862,488
3.74 AC lot

3.74 acres of industrial land ready to build.

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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.

1440 Skokie Hwy
MINI-WAREHOUSE, STORAGE

1440 Skokie Hwy, Lake Forest, IL 60045-4322

$5,325,000
Estimated value
52,761 sqft · 0.60 AC lot
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1400 Skokie Hwy
MINI-WAREHOUSE, STORAGE

1400 Skokie Hwy, Lake Forest, IL 60045-4322

$5,175,000
Estimated value
47,550 sqft · 0.90 AC lot
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Lake Forest, IL Warehouses Market Trends and Statistics

Explore 5 warehouses for sale in Lake Forest, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 32,003 square feet of properties for sale, with an estimated market value of $3,425,000.

Sale prices for warehouse buildings in Lake Forest, IL start at $3,425,000, averaging $3,425,000, and reaching up to $3,425,000 — 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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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 $3.4M

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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