900 N Shore Dr - Office FOR SALE


Lake Bluff, IL 60044
$3,250,000 USD
224-504-1355
900 N Shore Dr, Lake Bluff, IL for Sale
$3,250,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

900 N Shore Dr
Lake Bluff, IL 60044


HIGHLIGHTS

  • Lake Bluff Office Center is a 46,036-square-foot office property on 3.24 acres in the heart of the sought-after North Shore area of Chicagoland.
  • High occupancy rate of 89% with 27 tenants that include lawyers, insurance agencies, health & wellness, and therapy practices, among others.
  • Immaculately maintained office building benefitting from recent renovations and beautifully kept landscaping providing outstanding curb appeal.
  • Affluent community base with an average household income of $151,893 within a 3-mile radius of the property.
  • Easily accessible location adjacent to US Route 41, 35 minutes from Downtown Chicago, with 146 surface parking spaces.
  • Real Estate Auction March 19, 2025 | On-site inspections: Noon to 2 pm on March 6 and March 13 and by appointment.

OVERVIEW

Lake Bluff Office Center offers an exceptional opportunity to own a prosperous office building at 900 North Shore Drive in an affluent Northern Chicago suburb. This recently renovated, multi-tenant office property comprises 46,036 square feet across two floors with several private offices, a conference room, and a shared kitchen area. Each floor is highlighted by eye-catching floor-to-ceiling windows, allowing abundant natural light. The property is 89% leased with 27 tenants, including lawyers, insurance agencies, health and wellness businesses, and therapy practices, among others. Situated on 3.24 acres, Lake Bluff Office Center boasts meticulously maintained grounds that present excellent curb appeal and ample surface parking with 146 spaces. Benefitting from a desirable North Shore location, Lake Bluff Office Center provides quick highway connectivity and proximity to surrounding neighborhood conveniences. Traveling to and from the property is easy. US Route 41 is immediately accessible, and Interstate 94 is less than 2 miles away. Additionally, the Lake Bluff Metra Station is less than a mile away. Lake Bluff Office Center is surrounded by a wealth of shopping and dining options with neighboring retailers like Target, Heinen’s Grocery Store, Walgreens, Chase Bank, Sherwin-Williams, Anytime Fitness, Starbucks, Dunkin’, Poke Bros, Panera Bread, Chipotle, Potbelly, McDonald’s, and so much more. Nestled on the western shore of Lake Michigan, north of Downtown Chicago, Lake Bluff is a scenic suburb in the North Shore. Numerous magazines and publications consistently recognize Lake Bluff as a great place to live for its New England charm, rich heritage, and vibrant community. Lake Bluff is convenient to a host of parks and golf courses, where residents and visitors alike enjoy stunning views of Lake Michigan and various outdoor recreation options. Lake Bluff Office Center is primed to offer an ideal investment, benefitting from a strategic location, flourishing community, and value-add opportunities. Auction Deadline: March 19, 2025 On-site inspections: Noon to 2 pm on March 6 and March 13 and by appointment. Replacement Value: Over $8,000,000 Suggested Opening Bid: $3,250,000 In conjunction with Berkson & Sons Ltd

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Bluff Office Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

152

LAND DETAILS

LAND ACRES

3.18 AC

LAND SF

138,521 SF

ZONING

L-I

APN/PARCEL ID

12-19-401-009

ASK ABOUT THIS PROPERTY

Rick LevinRick Levin & Associates, Inc.More Info
224-504-1355

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Rick LevinRick Levin & Associates, Inc.More Info
224-504-1355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.