Lake Bluff, IL 60044 49 Sherwood Drive
$2,295,000
2 more
Presented By: Kinzie Brokerage LLC
SQFT • 31,783
Home Details
Evergreen, located at 49-51 Sherwood Terrace, offers investors an excellent opportunity to own an historically high-occupancy, multi-tenant suburban office park in Lake Bluff, IL. Consisting of two, single-story buildings, on 2.83 acres, Evergreen includes 31,708 leasable square feet across 32 office suites. Individual unit sizes range from 400 to over 3,000 SF and are fully sprinklered. This building can be purchased as part of a 2-building portfolio. The other property is 2504 Washington St., Waukegan.
Presented By: Kinzie Brokerage LLC
Interior Features for 49 Sherwood Drive
Other Interior Features
Street SuffixDrive
General for 49 Sherwood Drive
Additional Parcels Y/NNo
CityLake Bluff
Construction MaterialsBrick
CoolingCentral Air
CountyLake
DirectionsE. Park Ave (IL Rte. 176) east or west to Waukegan Rd. then south on Waukegan Rd. to N. Shore Dr. Turn left on N. Shore Dr. then right on Sherwood Terrace to property.
ElectricService - 101 to 200 Amps
Gross Income362606
Leasable Area3916
Lot Size Square Feet123362
MLS AreaLake Bluff
Net Operating Income229548
Number Of Units Total32
Operating Expense133058
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount43535
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Year Built1960
ZoningOFFIC
Exterior for 49 Sherwood Drive
Building Area Total31783
Lot Dimensions291.1 X 441.3 X 296.9 X 422.8
Lot Size Acres2.83
Additional Details
Price History
