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Highlights
- Freestanding single-tenant building with drive-thru just east of the signalized intersection at Route 22 and Waukegan Rd in the affluent North Shore
- Excellent visibility and monument signage along Route 22 with approximately 34,100 VPD
- Situated in an affluent trade area with average household incomes exceeding $183,000 within three miles
- Located as an outlot to Bannockburn Green Shopping Center with strong national co-tenancy
- Convenient access to I-94 and Route 41, serving Deerfield, Highland Park, and Lake Forest
- Ample on-site parking and adaptable layout for multiple retail or service uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Freestanding former Bank building for sale or lease near the signalized intersection of Half Day Road (Route 22) and Waukegan Road in Bannockburn, Lake County, Illinois. The property is located as an out lot building to the Bannockburn Green Shopping Center, anchored by Heinen's and Walgreens. Other retailers in the development include McDonald's, Starbucks (opening Q4 2026), Rosati's Pizza, Jersey Mike's, Sports Clips, Barre 3, Studio 18, H&R Block, and Montessori Kids Universe, among many others. The building features drive-thru lanes, excellent natural lighting, vaulting ceilings, monument signage along Route 22 (~20,000 VPD) and ample parking on-site. The property is conveniently accessible located within one (1) mile of Interstate-94 and Route-41 and is situated between Deerfield, Highland Park, Lake Forest, and Riverwoods, offering an opportunity to join one of the most affluent areas in all of Chicagoland, with an average household income of $183,000+ within three (3) miles of the property.
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Drive Thru
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at PNC Bank
- Tenant
- Description
- US Locations
- Reach
- PNC Bank
- Bank
- 3,674
- International
| Tenant | Description | US Locations | Reach |
| PNC Bank | Bank | 3,674 | International |
Property Facts
| Total Space Available | 3,000 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 1986 |
| Property Subtype | Bank | Parking Ratio | 4.33/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1986 |
| Parking Ratio | 4.33/1,000 SF |
About the Property
2595 Waukegan Road offers a highly visible retail opportunity in Bannockburn, IL, ideal for tenants seeking a premier location in an affluent trade area. The property is strategically positioned at the intersection of Half Day Road (Route 22) and Waukegan Road, with monument signage and a traffic count of approximately 34,100 vehicles per day. As an outlot to Bannockburn Green Shopping Center, tenants will benefit from strong co-tenancy with Heinen’s, Walgreens, and other national brands including McDonald’s, Starbucks, and Jersey Mike’s. The building includes drive-thru lanes, abundant natural light, and convenient on-site parking, making it suitable for financial institutions, quick-service restaurants, or specialty retail. Located just one mile from I-94 and Route 41, the site offers excellent accessibility to surrounding communities such as Deerfield, Highland Park, and Lake Forest. The area’s demographics are exceptional, with an average household income of $183,000 within three miles and a highly educated population base. This is an outstanding opportunity to establish a presence in one of Chicago’s most desirable suburban markets.
- Banking
- Corner Lot
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
PNC Bank | 2595 Waukegan Rd
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