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Conway Park Sale 2 Office Properties in Lake Forest, IL

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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.
Link to Auction Platform Page: https://rimarketplace.com/auction/2886/receiver-sale-225-000-class-a-office-chicago-msa

PROPERTY FACTS

Sale Conditions
Distress Sale
  • High Vacancy Property
Sale Type Investment
Status Active
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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  • Listing ID: 35324241

  • Date on Market: 2025-03-31

  • Last Updated:

  • Address: Conway Park Sale, Lake Forest, IL

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