Retail
Prime Lake Forest Development Site
1015 S Waukegan Rd, Lake Forest, IL 60085
Listing Price: Request For Offer
Investment Overview
This prime 1.65-acre redevelopment opportunity is located in an affluent, high-density area with an average household income of $240,117. The site offers exceptional visibility at a signalized intersection, with 415 feet of frontage along Waukegan Road and over 22,000 vehicles passing daily. It provides convenient ingress/egress and easy access to major thoroughfares, including Route 41 and Interstate-94, and Lake Forest Metra Station. The property is adjacent to a multi-tenant center housing Lake Forest Acute Care, Lake Forest Dental, Lake County Animal Control, and more. It also benefits from strong nearby traffic drivers, including Sunset Corners and Forest Square shopping centers, which together attract nearly 1 million annual visitors, as well as three banks — Chase Bank, Fifth Third Bank & ATM, and Lake Forest Bank & Trust — all located within a 0.3-mile radius. Additionally, over 29,000 residents and 43,000 employees are within a three-mile radius, providing a robust customer base.
Prime Lake Forest Development Site
Investment Highlights
- Prime redevelopment opportunity | 1.65 acres of developable land with convenient access
- Average household income of $240,117 within a one-mile radius of the subject property
- Signalized intersection of West Everett Road and South Waukegan Road which sees a combined traffic volume of over 22,000 vehicles per day
- 0.3 miles from Lake Forest Metra Station | The MD-N Line had 3,394,586 passengers in 2024, up 19.47% from 2023
- 1.8 miles from Interstate-94, which sees 156,800 vehicles per day
- 29,783 people live and 43,511 people work within a three mile radius of the subject property
- CALL FOR OFFERS BY OCTOBER 15TH
Investment Highlights
- Prime redevelopment opportunity | 1.65 acres of developable land with convenient access
- Average household income of $240,117 within a one-mile radius of the subject property
- Signalized intersection of West Everett Road and South Waukegan Road which sees a combined traffic volume of over 22,000 vehicles per day
- 0.3 miles from Lake Forest Metra Station | The MD-N Line had 3,394,586 passengers in 2024, up 19.47% from 2023
- 1.8 miles from Interstate-94, which sees 156,800 vehicles per day
- 29,783 people live and 43,511 people work within a three mile radius of the subject property
- CALL FOR OFFERS BY OCTOBER 15TH
Investment Overview
This prime 1.65-acre redevelopment opportunity is located in an affluent, high-density area with an average household income of $240,117. The site offers exceptional visibility at a signalized intersection, with 415 feet of frontage along Waukegan Road and over 22,000 vehicles passing daily. It provides convenient ingress/egress and easy access to major thoroughfares, including Route 41 and Interstate-94, and Lake Forest Metra Station. The property is adjacent to a multi-tenant center housing Lake Forest Acute Care, Lake Forest Dental, Lake County Animal Control, and more. It also benefits from strong nearby traffic drivers, including Sunset Corners and Forest Square shopping centers, which together attract nearly 1 million annual visitors, as well as three banks — Chase Bank, Fifth Third Bank & ATM, and Lake Forest Bank & Trust — all located within a 0.3-mile radius. Additionally, over 29,000 residents and 43,000 employees are within a three-mile radius, providing a robust customer base.
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