Forest Square 840 S Waukegan Rd 1,160 - 3,896 SF of Space Available in Lake Forest, IL 60045

HIGHLIGHTS

  • Perfect for medical, professional service and family office users!
  • Class A neighborhood center with newly renovated common areas in 2023.
  • Features 129 surface parking spaces and 51 underground reserved parking spaces.
  • Area tenants include Starbucks, Jimmy John's, Everett Farms Restaurant, Sunset Foods, North Shore Hospital Internal Medicine.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 103
  • 1,160 SF
  • Negotiable
  • Upon Request
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
2025-05-01

Storefront Retail Space in fully occupied Neighborhood Center (inline)

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Private Restrooms
  • After Hours HVAC Available
  • Display Window
  • 2nd Floor, Ste 222
  • 2,736 SF
  • Negotiable
  • Upon Request
  • TBD
Space Use
Office
Condition
Full Build-Out
Availability
Now

Perfect for medical, professional service, and family office users, featuring a modern design with construction completed in 2007. It encompasses both retail and office spaces, making it a versatile option for various business needs. The facility offers ample parking with 129 surface parking spaces and 51 underground reserved parking spaces, ensuring convenience for both clients and employees. Additionally, a common area renovation was completed in 2023, enhancing the overall aesthetic and functionality of the space.

  • Fully Built-Out as Standard Office
  • Fits 7 - 22 People
  • 4 Private Offices
  • 1 Conference Room
  • 8 Workstations
  • Space is in Excellent Condition
  • Central Air and Heating
Space Size Term Rental Rate Rent Type
1st Floor, Ste 103 1,160 SF Negotiable Upon Request TBD
2nd Floor, Ste 222 2,736 SF Negotiable Upon Request TBD

1st Floor, Ste 103

Size
1,160 SF
Term
Negotiable
Rental Rate
Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
2025-05-01

Storefront Retail Space in fully occupied Neighborhood Center (inline)

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Private Restrooms
  • After Hours HVAC Available
  • Display Window

2nd Floor, Ste 222

Size
2,736 SF
Term
Negotiable
Rental Rate
Upon Request
Rent Type
TBD
Space Use
Office
Condition
Full Build-Out
Availability
Now

Perfect for medical, professional service, and family office users, featuring a modern design with construction completed in 2007. It encompasses both retail and office spaces, making it a versatile option for various business needs. The facility offers ample parking with 129 surface parking spaces and 51 underground reserved parking spaces, ensuring convenience for both clients and employees. Additionally, a common area renovation was completed in 2023, enhancing the overall aesthetic and functionality of the space.

  • Fully Built-Out as Standard Office
  • Fits 7 - 22 People
  • 4 Private Offices
  • 1 Conference Room
  • 8 Workstations
  • Space is in Excellent Condition
  • Central Air and Heating

SELECT TENANTS AT FOREST SQUARE

  • Starbucks Coffee Company

PROPERTY FACTS

Total Space Available 3,896 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 53,327 SF
Year Built 2008
Parking Ratio 3.39/1,000 SF

ABOUT THE PROPERTY

Welcome to Forest Square, a premier retail and office destination situated in the heart of Lake Forest, IL. This dynamic development, completed in 2007, offers 53,000 square feet of modern commercial space in a B1-zoned area, catering to a diverse range of businesses within the vibrant Chicago market. Strategically positioned at the northwest corner of Waukegan Road and Settlers Square/Gloucester Crossing, Forest Square provides high visibility and accessibility, thanks to a nearby traffic light at Gloucester Crossing. It’s just steps from the Lake Forest Train Station (Metra) and directly across the street from the popular Sunset Foods, making it convenient for both tenants and visitors alike. In addition, Forest Square offers the luxury of underground parking, a rare amenity in the area, ensuring ease of access for employees and customers. Whether you're a retailer seeking a bustling environment or a business professional looking for a prestigious office location, Forest Square is the perfect space to grow and thrive.

  • Commuter Rail
  • Restaurant
  • Signage
  • Accent Lighting
  • Monument Signage

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
2,989
27,908
108,910
284,615
2029 Population
2,968
27,732
108,296
282,361
2024-2029 Projected Population Growth
-0.7%
-0.6%
-0.6%
-0.8%
Median Age
49.3
46.8
44.8
41.2
College Degree + Higher
75%
76%
70%
33%
Daytime Employees
1,215
35,610
136,577
254,630
Total Businesses
225
2,835
10,445
22,893
Average Household Income
$216,717
$198,327
$171,798
$148,497
Median Household Income
$207,890
$188,279
$145,152
$114,348
Total Consumer Spending
$57M
$479.3M
$1.8B
$4.1B
2024 Households
1,044
9,616
40,508
102,357
Average Home Value
$876,759
$782,980
$646,033
$549,232
$ values in USD

NEARBY MAJOR RETAILERS

Starbucks
Fifth Third Bank
CIBC
Chase
Noodles & Company
  • Listing ID: 4178896

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 840 S Waukegan Rd, Lake Forest, IL 60045