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Executive Summary

Located in a highly accessible Lake Bluff corridor, 655 Rockland Rd is a well-maintained multi-tenant office property featuring 31 professional suites with only 3 current vacancies-offering strong in-place occupancy and immediate income stability. The building presents beautifully with a tree-lined frontage that creates an inviting, professional setting for tenants and visitors alike. The property includes 41 on-site parking spaces, providing ample convenience for tenants and guests. Ideally situated just moments from both I-94 and Route 41, it offers exceptional regional accessibility. A turnkey asset in a desirable location, this is an outstanding investment opportunity with additional upside potential, including future redevelopment possibilities. Four PINS - 12-19-203-010, 12-19-203-011, 12-19-203-012, 12-19-203-013

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Building Size
14,000 SF
Building Class
B
Year Built
1989
Price
$1,650,000
Price Per SF
$117.86
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,666 SF
Building FAR
0.66
Lot Size
0.49 AC
Zoning
B
Parking
38 Spaces (2.71 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -
  • -

American Family Insurance began serving customers in 1927 and grew into a mutual insurance business in Madison, Wisconsin. The company offers property, casualty, auto, home, renters, umbrella, life, health, commercial, and retirement-related products, with additional offerings that include investment and retirement-planning services. American Family Insurance Group operates as a large property and casualty insurer in the United States and includes brands such as Homesite and Main Street America Insurance. The company supports customers through digital account access, claims help, and an agent-based distribution model.

  • Computer Help Key
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Coswold Builders
  • Construction
  • -
  • -
  • -
  • -
  • Cps Financial Inc
  • Finance and Insurance
  • -
  • -
  • -
  • -
  • Design
  • Real Estate
  • -
  • -
  • -
  • -
  • Educational Services
  • -
  • -
  • Modified Gross
  • -

Dynamic Tutoring Solutions builds a unique strategy for each student so they can learn to compensate for their challenges. The team teaches skills and strategies to help students manage their learning difficulties—not only to improve schoolwork, but also to build confidence and independence. They get to know each student as a whole person: how they think, what their strengths are, what they struggle with, and what makes them laugh. To achieve this, they collaborate with the student’s entire support system, including parents, teachers, and specialists. Their team of specialists supports and grows with students throughout their academic journey. With expertise across all academic domains, from elementary through high school, each specialist brings knowledge tailored to different learning challenges. They strive to work themselves out of a job—because their students are completing work independently, implementing learned strategies, and gaining autonomy.

  • Fit For Life Rehab & Fitness
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Iron Real Estate, LLC
  • Real Estate
  • -
  • -
  • -
  • -
  • Keller Williams Real Estate
  • -
  • -
  • $12.00
  • Modified Gross
  • Feb 2022
  • Protection Resources International LLC
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance - - - -
Computer Help Key Professional, Scientific, and Technical Services - - - -
Coswold Builders Construction - - - -
Cps Financial Inc Finance and Insurance - - - -
Design Real Estate - - - -
Educational Services - - Modified Gross -
Fit For Life Rehab & Fitness Health Care and Social Assistance - - - -
Iron Real Estate, LLC Real Estate - - - -
Keller Williams Real Estate - - $12.00 Modified Gross Feb 2022
Protection Resources International LLC Professional, Scientific, and Technical Services - - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 12-19-203-010
  • 12-19-203-011
  • 12-19-203-013
  • 12-19-203-012
Land Assessment
$198,894
Improvements Assessment
$205,334
Total Assessment
$404,228
  • Listing ID: 40641022

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 655 Rockland Rd, Lake Bluff, IL 60044

Contact the Sale Advisor

655 Rockland Rd

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