Lake Bluff, IL 60044 655 Rockland Road
$1,650,000



1 more

Presented By: E- Signature Realty
Home Details
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
Presented By: E- Signature Realty
Interior Features for 655 Rockland Road
Other Interior Features
FlooringCarpet, Tile
General for 655 Rockland Road
Additional Parcels Description12192030110000, 12192030120000, 12192030130000
Additional Parcels Y/NYes
Cap Rate5.5
CityLake Bluff
Construction MaterialsBrick
CoolingCentral Air
CountyLake
Current UseCommercial, Office
DirectionsFrom 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
ElectricCircuit Breakers
Gross Income166606
Leasable Area
Lease TypeN/A
Lot Size Square Feet21363
MLS AreaLake Bluff
Net Operating Income90788
Number Of Units Total31
Operating Expense63833
PossessionClosing
Possible UseCommercial, Office, Elderly Housing, Single Room Occupancy
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofComposition, Membrane
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount32901.56
Tax Year2024
Tenant PaysElectricity, Other
TownshipShields
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
Year Built1989
ZoningCOMMR
Exterior for 655 Rockland Road
Building Area Total12822
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions123x175x121x175
Lot Size Acres0.49
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 12,822