Lake Forest IL Real Estate & Commercial for Sale

The median home value in Lake Forest, IL is $1,150,000. This is higher than the county median home value of $300,000. The national median home value is $308,980. The average price of homes sold in Lake Forest, IL is $1,150,000. Approximately 80% of Lake Forest homes are owned, compared to 12% rented, while 8% are vacant. Lake Forest real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lake Forest real estate agent to arrange a tour today!
Learn more about Lake Forest.


Showing Homes Nearby Lake Forest, IL
Beds:
n/a
Baths:
Sq.Ft.:
31,783
Status:
Active
MLS#:
11492918
Type:
Office, Business Opportunities
Lot size:
2.83 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Kinzie Brokerage LLC
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Evergreen, located at 49-51 Sherwood Terrace, offers investors an excellent opportunity to own an historically high-occupancy, multi-tenant suburban office park in Lake Bluff, IL. Consisting of two, single-story buildings, on 2.83 acres, Evergreen includes 31,783 net leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. The property is currently 92.56% leased. This building can be purchased as part of a 3-building portfolio. The other properties are: 2504 Washington St., Waukegan & 325 Washington St., Waukegan.

Beds:
n/a
Baths:
Sq.Ft.:
5,729
Status:
Active
MLS#:
11392402
Type:
Multi-Family, Business Opportunities
Lot size:
0.5 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Coldwell Banker Realty
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Value is in the land for redevelopment. The Sunset Motel is located at 511 Rockland Road. 8 Skokie Valley Road Office Building and one single family home located at 11 Shagbark Road is being sold separately under MLS #'s 11392405 and 11392412 . Seller will sell this four parcel lot package with a total of 62,624 sq foot combined parcel at $5,900,000. Sunset Motel is currently open and operating. Office building at 8 Skokie BLVD has a few month to month tenants in place. SFH at 11 Shagbark is rented with a month to month lease in place. Rare North Shore commercial redevelopment land acquisition opportunity available in Lake Bluff, IL. Major market areas include Lake Bluff, Lake Forest, Green Oaks and Libertyville, IL. General Commercial and Residential Zoning currently in place. Located in unincorporated Lake Bluff - Current Lake County Zoning. Buyer could voluntarily annex into the Village of Lake Bluff - Lake Bluff willing to offer financial incentives! Recent developments include new Target & Chase Bank plus retail strip malls directly across the street on Route 176 (Rockland Road) Adjacent to the brand new Northwestern Medicine building that just sold for $8,150,000 in 2021, which is located directly across the street on Route 176. Sold in May of 2020 for $3,700,000 for 41,040 sq ft parcel. This sales comparable sold for $90.16 per sq ft. Thriving commercial corridor serving Lake Bluff & Lake Forest residents plus large daytime employment from Abbott Labs and many surrounding businesses. Value is in the land! This offering is part of a larger eight-parcel assembly of contiguous properties that total 2.75 acres of commercial and residential land. Possible rezoning of all parcels to be either commercial or residential. Future use for new retail, medical, multi-family, drive-thru etc. Contact John Josephitis for full Offering Memorandum and complete details on the overall development opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
6,632
Status:
Active
MLS#:
11392405
Type:
Office, Business Opportunities
Lot size:
0.33 Acres
Year built:
1975
A broker reciprocity listing Courtesy: Coldwell Banker Realty
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Value is in the land for redevelopment. Consists of 8 Skokie Valley Road Office Building, the Sunset Motel located at 511 Rockland Road and one single family home located at 11 Shagbark Road. 62,624 sq ft parcel at $5,900,000. is being sold separately under MLS #'s 11392402 and 11392412 . Seller will sell this four parcel lot package with a total of 62,624 sq foot combined parcel at $5,900,000. Sunset Motel is currently open and operating. Office building at 8 Skokie BLVD has a few month to month tenants in place. SFH at 11 Shagbark is rented with a month to month lease in place. Rare North Shore commercial redevelopment land acquisition opportunity available in Lake Bluff, IL. Major market areas include Lake Bluff, Lake Forest, Green Oaks and Libertyville, IL. General Commercial and Residential Zoning currently in place. Located in unincorporated Lake Bluff - Current Lake County Zoning. Buyer could voluntarily annex into the Village of Lake Bluff - Lake Bluff willing to offer financial incentives! Recent developments include new Target & Chase Bank plus retail strip malls directly across the street on Route 176 (Rockland Road) Adjacent to the brand new Northwestern Medicine building that just sold for $8,150,000 in 2021, which is located directly across the street on Route 176. Sold in May of 2020 for $3,700,000 for 41,040 sq ft parcel. This sales comparable sold for $90.16 per sq ft. Thriving commercial corridor serving Lake Bluff & Lake Forest residents plus large daytime employment from Abbott Labs and many surrounding businesses. Value is in the land! This offering is part of a larger eight-parcel assembly of contiguous properties that total 2.75 acres of commercial and residential land. Possible rezoning of all parcels to be either commercial or residential. Future use for new retail, medical, multi-family, drive-thru etc. Contact John Josephitis for full Offering Memorandum and complete details on the overall development opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
20,000
Status:
Active
MLS#:
11975153
Type:
Office, Business Opportunities
Lot size:
1 Acres
Year built:
1999
A broker reciprocity listing Courtesy: @properties Christie's International Real Estate
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Your Next Business Venture Awaits. Discover Viking Park professional suites, where unparalleled opportunity meets strategic convenience. These suites, nestled within a vibrant business hub, offer serene pond views-a perfect retreat for those seeking balance between work and relaxation. Enjoy nature walks and peaceful moments by the water, just steps from your office. The property has been recently updated with a new flat roof and new windows, ensuring style, durability, and a fresh, move-in-ready space. Its prime location near the highway offers a strategic advantage for seamless commutes. The interior boasts a spacious, sunlit conference room with a skylight, ideal for meetings and collaboration. Two bathrooms, a kitchen, and the potential for additional square footage cater to all your business needs. Designed with the modern professional in mind, Viking Park provides a comfortable, inviting environment. It's the perfect setting for those who bring companions to work or seek a welcoming workspace. For a personal tour and more information, consult the listing agent. Seize the opportunity to elevate your business in a space that inspires excellence daily.

Beds:
n/a
Baths:
Sq.Ft.:
7,800
Status:
Active
MLS#:
11405854
Type:
Mixed Use, Business Opportunities
Lot size:
0.83 Acres
Year built:
1920
A broker reciprocity listing Courtesy: United Real Estate-Chicago
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Proud to introduce an opportunity to develop a 36,438 SF mixed-use development site. Currently consisting of 4 parcels, the site has not been offered for sale in generations. This is a prime opportunity to develop an iconic property next to downtown Highwood IL. Currently in Highland Park, the property borders Highwood. 2 parcels on Temple Ave consisting of 21,902 SF, have favorable zoning in the B1A Waukegan-Bloom Neighborhood District and have 100' of frontage on Temple. The additional 2 parcels which connect in the rear of the lot and have frontage on Walker Ave are zoned RM1 Medium to High Density Multi-family and adds an additional 14,626 SF bringing the total for all 4 parcels to 36,438 SF. Currently at 429 Temple Ave sits a brick commercial building that is built out for restaurant use. Large seating room and bar along with large kitchen and cooler are on the first floor. On the 2nd floor is another dining room and 2 private rooms. There is also a 2nd kitchen, butler pantry, and office space. Property has hoods and black iron. At 417 Temple sits a frame single family home in need of repairs currently used for storage. The property has 4 bedrooms 1.5 baths, large living room, formal dining room, and kitchen. The Temple property also has a large gravel parking lot, driveway, and 4 car garage. On the Walker property sits a single family home, tenant paying under market rents. PIN #s: 423 Temple (429 Temple) 16143010190000, 417 Temple 16143010140000, 376 Walker 16143010040000 + 16143010030000

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11722168
Type:
Mixed Use, Business Opportunities
Lot size:
0.45 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Coldwell Banker Realty
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
1,032
Status:
Active
MLS#:
11960743
Type:
Office, Business Opportunities
Lot size:
0.29 Acres
Year built:
1940
A broker reciprocity listing Courtesy: RE/MAX Showcase
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Open office space with extra storage and plenty of parking. Great location right on Green Bay Road. Office has bath on first floor and a supply room with laminate wood floor. Upstairs is another bathroom and bedroom/office/storage room. Double lot offers extra parking. Property will be sold 'AS IS'.

Beds:
n/a
Baths:
Sq.Ft.:
12,904
Status:
Active
MLS#:
11926077
Type:
Office, Business Opportunities
Lot size:
0.14 Acres
Year built:
1929
A broker reciprocity listing Courtesy: @properties Commercial
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Unique Masonry Commercial mixed use, office, Retail building in Highland Park, Extremely rare offering here, Elevator Building, prime Location, excellent Exposure Right near the Intersection of first street and Greenbay road, Cement Flexicore construction, Just north of the Downtown highland park shopping district. The building sits between First street and great bay road, The Parking garage has a Curb cut to green bay Rd, 14,500 Cars pass this location a Day On green bay Rd (VPD) Full fire alarm Full sprinkler System, 12,904 SQ FT 2.5 Stories, Land site is 6194 sq ft, Lot Dimensions are 55.08X111.55X50.00X135.70 A 2,355 SQ FT Indoor parking garage for 8 cars with Triple catch basins, Ceiling height of approx. 16 FT, 1 Drive in Door (DID) Measuring 12x12 Building is currently built out as a high-end dance school, 3 Offices, 3 large dance rehearsal rooms, 4 ADA bathrooms, Very bright, Lots of natural light. A large 2,312 SQ FT Show and production hall on the second floor with Ceiling height of 25 ft, Locker room, 10 Rooms total, An additional storage mezzanine, The Building has a Great signage area, classic facade, Great demographics. 200 Amp electric, Zoning is B4-5, High security Entrance doors, and cameras. The property presents the unique opportunity to acquire a stand-alone Commercial building in Highland park. Ideal for a variety of commercial uses, Owner user or Investment, Office or professional use, Atty, Architect Accountant, Medical, Podiatrist, Physiatrist, real estate, Mortgage, insurance Possible contractor Use, retail, School, Or you can redevelop, Surrounding Area companies and business include. Taqueria Los Mogotes de Michoacan, La Casa De Isaac & Moishe, Dunkin doughnuts, subway, McDonald's, The BBQ Pit, Michaels, Bella via, once upon a bagel, Walgreens Sheman Williams Ownership is flexible and will look at all offers within reason. Near the Highland Park Metra train stop, Bus, Close access to area highways, Route 41 and 94 Pin number - 1623114002 Do not bother tenant, Call Listing broker for all showings

Beds:
n/a
Baths:
Sq.Ft.:
9,600
Status:
Active
MLS#:
11861992
Type:
Office, Business Opportunities
Lot size:
0.23 Acres
Year built:
1984
A broker reciprocity listing Courtesy: Millennium Properties RE, Inc.
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Available for sale is a 6,400 square foot two-story office building with full finished basement on a 10,000 square foot site. Situated at the corner of Central and McGovern Avenues, the property has excellent visibility and benefits from its location on the main thoroughfare in Highland Park. The first floor is currently occupied by Trans World Travel and the second floor is occupied by Chausow Shafer P.C, a long-term tenant currently on a month-to-month lease. The property also has the potential for residential redevelopment with city approval. This location benefits from its proximity to the central business district as well as the numerous shops, restaurants and public transportation. Area features significant barriers to entry, with few available sites for purchase. The first floor is occupied by current owner. The second floor occupied by a long-term tenant who has a month-to-month lease.

Beds:
n/a
Baths:
Sq.Ft.:
5,928
Status:
Active
MLS#:
11839324
Type:
Office, Business Opportunities
Lot size:
0.94 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Midwest America Realty, Inc.
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Prime location in the central business district of North Chicago close to Great Lakes Recruit Command, VA Medical Center, zoned commercial B2 (5928 sq. ft) (1,756 basement) 2 story white building for multiple uses, store front, doctor's office, restaurant (pls check with the City of North Chicago for your needs) building can be renovated or can be totally demolished

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11991364
Type:
Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Year built:
1950
A broker reciprocity listing Courtesy: 1st Choice Real Property
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Attractive Mixed Use Investment Opportunity. Property located in the developing downtown North Chicago Area. Currently 100% occupied and generating $4300 of rental income monthly. Each unit has a gas forced air furnace and central air. 3 apartments and 2 store fronts (long term tenants) Down the street from the planned Sheridan Crossing Development. Could be the steal of the century! Plenty of Room for increased rent in both the commercial and residential.

Beds:
n/a
Baths:
Sq.Ft.:
17,864
Status:
Active
MLS#:
11988310
Type:
Office, Business Opportunities
Lot size:
1.03 Acres
Year built:
2009
A broker reciprocity listing Courtesy: Keller Williams North Shore West
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**Prime Location Office Condo - Ideal for Medical or Professional Practice** Discover the functionality in this remarkable Office Condo, strategically situated in a prime location. Previously utilized as a Medical Office, this space is expertly designed to cater to various professional purposes. **Key Features:** ****Owner Financing Available**** - Explore flexible ownership options. **Charming Fireplace** - Welcoming waiting room. **Spacious Reception Area** - Seamlessly manage incoming clients and administrative tasks. **Three Well-Appointed Examination/Office Rooms** - Designed for optimal patient care and comfort. Front Desk admin area ** 2nd work station area in back * Work are in Basement **1,200 SF Medical/Professional Office Space** - Equipped to meet diverse needs, ensuring efficient consultations and treatments. **1,200 SF Basement Area** - Versatile space perfect for conferences, team meetings, or presentations. **Contemporary Design** - Constructed in 2007, blending modern aesthetics with functionality for a conducive work environment. Whether you're a healthcare professional seeking an ideal practice space or a business owner in search of a versatile office setting, this property offers unparalleled potential. Don't miss the opportunity to elevate your business operations in this prime location. Schedule a viewing today!

Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
Active
MLS#:
11163181
Type:
Retail, Business Opportunities
Lot size:
0.24 Acres
Year built:
2001
A broker reciprocity listing Courtesy: @properties Commercial
View additional info

Great Newer Construction! Turnkey Professional/Retail/ Office/Mixed-use building on Park Ave (RT 176) In Libertyville. Just east of Milwaukee Avenue, 13,100 vehicles per day (VPD) pass this location, Excellent demographics, Prime high traffic location, Outstanding frontage and visibility along Rt 176. Great signage area with electrical, Exceptionally bright space with Large window line, Old Chicago Brick gas fireplace, Building Size -2000 SQ FT, LAND SITE - 10,352 SQ FT, Lot Dimensions: 50' X 174', Roof well maintained, 200 Amp Electric, C-Zoning, Front and Rear Parking Lots, parking for 10 cars, 20' Vaulted ceilings with Ceiling fans and Skylights, Modern decor, Open Floor Plan with Multiple desk layout areas, Kitchenette with Rear storage area, Outdoor Rear Deck, Second floor Mezzanine with Steel Spiral Staircase Access. Expansive clean open basement for additional storage. Close to public transportation and Tollways/Expressways, Locate your business here. Move-in ready. Handicap Accessible, Sprinkler System, Connected Police/Fire Alarm. Great for Retail, Restaurant, Office/Professional use, Attorney, Insurance Agency, Accountant, Medical, Dental, Podiatrist or Psychiatrist. Area businesses include - Mil Park Plaza retail center, Top Tec Heating/Cooling, School of Rock, Zengeler Cleaners, Perfect Brewing, Green Tree Animal Hospital and AutoExpo. Call Listing broker for showing

Beds:
n/a
Baths:
Sq.Ft.:
4,000
Status:
Active
MLS#:
11892775
Type:
Retail, Business Opportunities
Lot size:
0.24 Acres
Year built:
1982
A broker reciprocity listing Courtesy: US Homes Inc.
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Land scaper ,contractor ,day care center neighborhood market lots of possibilities to own this commercial building, over 4000 Sq. Ft. (excellent for mechanic shop and/ or storage) many possible uses, Buyer to due their own diligence with city of North Chicago for the type of business they wish to do A must see. great opportunity .

Beds:
n/a
Baths:
Sq.Ft.:
1,660
Status:
Active
MLS#:
11753179
Type:
Retail, Business Opportunities
Lot size:
1.4 Acres
A broker reciprocity listing Courtesy: Netgar Investments Inc
View additional info

Exceptional opportunity for a Mechanic, dealer, or similar business. Great location with high traffic and near shopping and newer residential development. Additional Pin # 0832201013. Antenna not included. Over one Acre of Land in a great location. Do not disturb tenants. call listing broker for a showing.

Beds:
n/a
Baths:
Sq.Ft.:
86,597
Status:
Active
MLS#:
11985218
Type:
Industrial, Business Opportunities
Lot size:
5.7 Acres
Year built:
1985
A broker reciprocity listing Courtesy: Entre Commercial Realty, LLC
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11753175
Type:
Business Opportunities
Year built:
1920
A broker reciprocity listing Courtesy: Netgar Investments Inc
View additional info

Exceptional opportunity for a Mechanic shop or similar business. Long time business owner ready to lease this location. Terms negotiable and subject to contract agreement. Tenant to pay taxes and insurance.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11989865
Type:
Mixed Use, Business Opportunities
Lot size:
0.71 Acres
Year built:
2024
A broker reciprocity listing Courtesy: Blue Fence Real Estate Inc.
View additional info

RARE OPPORTUNITY TO OWN A 2,000+ SQ FT FIRST FLOOR UNIT IN A NEW CUSTOM BUILT BUILDING DOWNTOWN LIBERTYVILLE. ACROSS FROM COOK PARK WITH VILLAGE PARKING GARAGE IMMEDIATELY NEXT TO THE PROPERTY. CUSTOM DESIGN YOUR SPACE FROM SCRATCH. POSSIBILITIES ARE ENDLESS!

Beds:
n/a
Baths:
Sq.Ft.:
12,000
Status:
Active
MLS#:
11954558
Type:
Office, Business Opportunities
Lot size:
0.04 Acres
Year built:
2008
A broker reciprocity listing Courtesy: Jameson Commercial
View additional info

New building with free abundant parking. Bus stop nearby at Lake Cook and Skokie.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11811616
Type:
Industrial
Year built:
1956
A broker reciprocity listing Courtesy: My Realty Chicago Inc
View additional info

Proximate 86090 sq ft building with lots of offices, break rooms and parking lot for 240 cars in the beautiful north lake suburb Waukegan. Building is fully conditioned with heath and gives endless possibilities for any business.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12015913
Type:
Multi-Family, Business Opportunities
Lot size:
0.29 Acres
Year built:
2000
A broker reciprocity listing Courtesy: Coldwell Banker Realty
View additional info

Great Investment Opportunity! 6 Units, 100% Occupancy, most units feature 1bed 1bath. Both buildings have coin laundry and parking for a total of 10 cars. Don't miss this opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
5,924
Status:
Active
MLS#:
11900436
Type:
Mixed Use, Business Opportunities
Lot size:
0.29 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Century 21 Integra
View additional info

This prime location boasts a thriving business with a track record of over 17 years. The property being offered for sale exclusively pertains to the real estate component of an auto/truck repair shop. This package encompasses an all-brick building and a secure, well-lit, paved lot complete with security cameras, providing parking space for approximately 30-35 vehicles. The building itself is equipped with two overhead service doors, three lifts, one ramp, an oil container, window air conditioning, a customer waiting area, a front desk, a private office, and 2.5 bathrooms. Prospective buyers are strongly advised to conduct their due diligence, as the property is being sold "As Is." The negotiation of equipment and tools is also a possibility!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
09513504
Type:
Business Opportunities
Year built:
1951
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate
View additional info

Butterfield Road corridor of Mundelein/Vernon Hills/Libertyville. 900 S Butterfield lies in Mundelein and can be combined with 950 S Butterfield for approximately 2 acres of commercial land. Single family home on lot can be repurposed or demolished for new office/retail/medical/contractor building. Mundelein may offer incentives for new commercial development. Existing curb cut shared by both sites. Adjoins Butterfield Plaza. Please do not disturb tenants. Call LO for showings.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
09607205
Type:
Business Opportunities
Year built:
1946
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate
View additional info

Butterfield Road corridor of Mundelein/Vernon Hills/Libertyville. 950 S Butterfield lies in Mundelein and can be combined with 900 S Butterfield for approximately 2 acres of commercial land. Single family home on lot can be repurposed or demolished for new office/retail/medical/contractor building. Mundelein may offer incentives for new commercial development. Existing curb cut shared by both sites. Please do not disturb tenants. Call LO for showings.

Beds:
n/a
Baths:
Sq.Ft.:
31,600
Status:
Active
MLS#:
12013968
Type:
Industrial, Business Opportunities
Lot size:
2.38 Acres
Year built:
1976
A broker reciprocity listing Courtesy: Sperry Van Ness
View additional info

SALE INFO: 404 Washington Blvd is a 31,600 SF well-maintained industrial building featuring a large parking lot approved for outside storage and truck parking. The building consists of 21% office and the remainder warehouse with a loading dock (depressed with leveler), drive-in-door (10'), and heavy power. The property is conveniently 4.5 Miles from the I-94 & Townline Road four-way interchange. Strong access via local thoroughfares such as Hawley / Route 176, Lake Street, Route 45, Route 60, and Route 83. The building can be fully occupied by an owner-user or divided into smaller units for additional income. LEASE INFO: The property is under new ownership and underwent a full renovation. The building consists of 21% office and the remainder warehouse with a loading dock (depressed with leveler), drive-in-door (10') and heavy power. Column spacing is 28'. The building can be subdivided.

Listings courtesy of MRED as distributed by MLS GRID

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