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655 Rockland Road Lake Bluff, IL $ 1,650,000
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$ 1,650,000 Get more info
655 Rockland Road
$ 1,650,000
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655 Rockland Road

Lake Bluff, IL, 60044
$ 1,650,000
Bedrooms-- Baths-- Sq 12,822
655 Rockland Road, Lake Bluff, IL 60044 - Image 1

Property for Rent in Lake Bluff, IL

for $1,650,000. This 12,822 square foot property was built in 1989 on a lot size of 0.49.

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

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Rental Active

Price

$ 1,650,000

Taxes

$ 32,901

Style

Commercial,Office

Lot Size

0.49

Year Built

1989

Town/City

Lake Bluff

County/Region

Lake

MLS | Web ID

12624770
Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Roof Composition Membrane
Zoning COMMR
Construction Materials Brick
Year Built 1989
Electric Circuit Breakers
Tenant Pays Electricity Other
Stories Count 3
Township Shields
Property Subtype Office
Tax Year 2024
Current Use Commercial Office
Gross Income 166606
Additional Parcels Description 12192030110000 12192030120000 12192030130000
County Lake
Net Operating Income 90788
Operating Expense 63833
Property Type Commercial Sale Office/Tech
Possible Use Commercial Office Elderly Housing Single Room Occupancy
Status New
Directions From I-94 North Take Exit 20B for Route 176 East (Rockland Rd) toward Lake Bluff Stay on Rockland Rd heading east Continue for about 2-3 miles
City Lake Bluff
Number Of Units Total 31
MLS Area Lake Bluff
Lot Size Square Feet 21363
Tax Annual Amount 32901.56
Additional Parcels Y/N Y
Leasable Area 0
Lease Type N/A
Standard Status Active
Cap Rate 5.5
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Interior
Flooring Carpet Tile
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 12822
Lot Dimensions 123x175x121x175
Lot Size Acres 0.49
Frontage Type City Street
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* Excluded Features
List By
E- Signature Realty

Broker

michael@inventresults.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2026$1,650,000 Listed Price

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655 Rockland Road, Lake Bluff, IL, 60044 is a Property for Rent at $1,650,000 with 12,822 sqft and a lot size of 0.49. 655 Rockland Road was built in 1989. The property's zip code is 60044 which is in Lake Bluff, IL

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