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$2,295,000

Est. payment - /mo

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31,783 SqFt

Active Under Contract

49 Sherwood DR Lake Bluff, IL 60044

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Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

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Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 31,783 sqft

Price per Sqft $72

MLS Listing ID 11492918

Year Built 1960

Annual Tax Amount $43,535

Tax Year 2023

Lot Size 2.830 Acres

Lot Dimensions 291.1 X 441.3 X 296.9 X 422.8

Property Sub-Type Office/Tech

Property Description

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 31,708 leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. This building can be purchased as part of a 2-building portfolio. The other property is 2504 Washington St., Waukegan.

Location

State IL

County Lake

Area Lake Bluff

Zoning OFFIC

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Level or Stories 1

Structure Type Brick

Listed by Steven Maher • Kinzie Brokerage LLC