Conway Park Sale - CALL FOR OFFERS 5/2 Office FOR SALE
Lake Forest, IL |
847-780-8063
Conway Park Sale - CALL FOR OFFERS 5/2
Lake Forest, IL
HIGHLIGHTS
- Class A Office Property in the affluent north suburbs with prominent tollway identity, directly off Interstate 94 (I-94)
- In-place NOI of approximately $605,495 at 45%, providing opportunity to add value to a Class A property with positive cash flow already in-place
- All tenants are on NNN leases
- Several smaller footprints available, providing an easier path to lease-up and stabilization
- Three of the five largest Tenants in the building have lease term in 2030 and beyond
OVERVIEW
Conway Park features two (2) Class A Office buildings located at 100 & 150 N Field Drive in north suburban Lake Forest, Illinois (Chicago MSA). The buildings total 225,354 square feet and are approx. 45% leased. At the 45% occupancy rate, the Property's NOI is approx. $605,495 (2025 budget), providing a unique opportunity to add-value via lease-up to an already cash flowing Property. The Property is extremely well located, directly east of Interstate 94 (I-94), providing convenient access to O'Hare International Airport, downtown Chicago, and the neighboring suburbs. CALL FOR OFFER DEADLINE FRIDAY, 5/2.
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
847-780-8063
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
847-780-8063
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
