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32814285
32814284

28101 Ballard Drive, Lake Forest, IL 60045 For Sale

TS
IL IL 177869
Marcus & Millichap - Chicago Downtown
AZ
IL 475.212.760
AA
TX 661916
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Chicago Downtown, Marcus & Millichap - Dallas
Unpriced
57 days on market
Updated 15 days ago
Under Contract

Small-Bay Multi-Tenant Industrial

Details
APN 1124303004
Property Type Industrial
Sub Type Warehouse
Square Footage 32,003
Units 6
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class B
Year Built 1984
Buildings 1
Acreage 1.870
Zoning LI
Parking Spaces 72
Ground Lease No
Ceiling Height 15
Loading Docks 7
Dock High Doors 5

About This Property for Sale

Marketing description

The property is a fully occupied 32,003-square-foot six-unit shallow-bay industrial asset situated on 1.87 acres. The building features masonry construction, which provides a durable and low-maintenance exterior. With 15 feet of clear height, the property offers ample space for storage and operations. Seven grade-level doors and five dock-high doors provide easy access for loading and unloading. The property is zoned for limited industrial use, which allows for a range of tenants and uses, including contractors, manufacturing, warehousing, and distribution. The property's design and features make it an attractive option for businesses seeking a functional and efficient space.

Investment highlights

• Fully Occupied, 32,003-Square-Foot Six-Unit Shallow-Bay Industrial Asset Situated on 1.87 Acres

• Featuring Masonry Construction, 15’ Clear Height, Seven Grade-Level Doors, and Five Dock-High Doors

• Zoned for Limited Industrial Use, Ideal for Contractors, Small Businesses, and Light Manufacturing

• Located About One Mile from I-94 with Close Proximity to U.S. 41

• Outperforming South Lake Submarket: 5.9% Vacancy Rate & 4.3% Rent Growth in Q1 2026 vs. National Averages of 7.8% and 1.6%

Listing Contacts

TS
IL IL 177869
Marcus & Millichap - Chicago Downtown
AZ
IL 475.212.760
AA
TX 661916
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Chicago Downtown, Marcus & Millichap - Dallas

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$240,569.00
$20,047.42/mo

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Additional Information

Name
Steven Weinstock
License
IL 471.011175
Title
Broker of Record
Name
Tyler Sharp
License
IL 177869
Brokerage Address
333 West Wacker Drive
Name
Alexander Zlotnik
License
475.212.760
Brokerage
Marcus & Millichap
Title
Associate
Brokerage Address
333 West Wacker Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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