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Conway Park Sale 2 Office Properties in Lake Forest, IL
Investment Highlights
- Class A Office Property in the affluent north suburbs with prominent tollway identity, directly off Interstate 94 (I-94)
- Three (3) of the five (5) largest Tenants in the building have lease term in 2030 and beyond
- Located in the heart of Lake Forest’s office community featuring multiple office buildings, which include corporations such as AbbVie and Pfizer
- The Property is 43% occupied and provides a unique opportunity to add value to a Class A property with positive cash flow already in-place
- All tenants are on NNN leases
Executive Summary
Conway Park features two (2) Class A Office buildings located at 100 & 150 N Field Drive in north suburban Lake Forest, Illinois (Chicago MSA). The buildings total 225,354 square feet and are approx. 43% leased. At the existing occupancy rate, the Property provides a unique opportunity to add-value via lease-up to an already cash flowing Property. The
Property is extremely well located, directly east of Interstate 94 (I-94), providing convenient access to O'Hare International Airport, downtown Chicago, and the neighboring suburbs. Auction Scheduled for 12/15 - 12/17. Starting bid is $1,750,000.
Property is extremely well located, directly east of Interstate 94 (I-94), providing convenient access to O'Hare International Airport, downtown Chicago, and the neighboring suburbs. Auction Scheduled for 12/15 - 12/17. Starting bid is $1,750,000.
Property Facts
| Sale Conditions | Individually For Sale | 0 | |
| Sale Type | Investment | Total Building Size | 228,901 SF |
| Status | Under Contract | Total Land Area | 18.15 AC |
| Number of Properties | 2 |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 228,901 SF |
| Total Land Area | 18.15 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Two Conway Park
150 N Field Dr, Lake Forest, IL 60045 |
Office | 121,000 SF | 1998 | - |
|
One Conway Park
100 N Field Dr, Lake Forest, IL 60045 |
Office | 107,901 SF | 1986 | - |
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Contacts
-
Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
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Conway Park Sale
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