Receiver Sale: 225,000+ Class A Office | Chicago MSA

Investment Highlights

• Class A North Suburban Office with Exceptional Visibility and Access – Premier property located in the affluent Lake Forest market, featuring high-profile tollway identity and direct access to I-94 and Route 60, with exposure to over 23,000 vehicles per day.
• Value-Add Opportunity – Currently 43% occupied, offering investors a chance to add value through lease-up while benefiting from positive in-place cash flow.
• Strong Tenant Base – Three of the five largest tenants have lease terms extending to 2030 and beyond, all on NNN leases.
• Amenity-Rich Environment – Flexible floor plans supported by on-site food service, fitness center, conference facilities, executive parking, and outdoor amenity and meeting space.
• Prime Corporate Location – Situated within Lake Forest’s established office corridor, home to major employers including AbbVie, Pfizer, Grainger, The Chicago Bears, and Concordia University.
• Walkable Hospitality Options – Within walking distance to The Hyatt, Hilton Garden Inn, and Residence Inn, enhancing corporate convenience for tenants and visitors.
• Attractive Market Fundamentals – Surrounded by affluent demographics with average household incomes exceeding $225,000 within a three-mile radius, supporting long-term office demand.

Offering Summary

Frontline Real Estate Partners, in conjunction with, RealINSIGHT Marketplace, are pleased to present for sale the Class A Office Property, Conway Park, in Lake Forest, IL.  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 43% 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.

Conway Park is located along the west side of Field Drive, just north of Route 60 and west of Interstate-94 (I-94) in Lake Forest, Lake County, Illinois. The Property features excellent demographics with over 19,000 people and an average household income of more than $225,000 within three miles. It is conveniently located just east of the Tri-State Tollway with frontage along Townline Road (Route 60), providing exposure to over 23,000 vehicles per day. The Property sits in the heart of Lake Forest’s office community, surrounded by multiple office buildings and major corporations including AbbVie, Pfizer, and Concordia University. Additionally, it is located across the highway from Costco and less than three miles east of Hawthorne Mall and Melody Farms, offering numerous dining and retail options.

Lake Forest, Illinois, a North Shore suburb of Chicago, is known for its affluent residential areas, natural beauty, and historic architecture. Located along Lake Michigan about 30 miles north of downtown Chicago, the city was founded around Lake Forest College and laid out as a town in 1857, making it one of the first planned suburban communities in the United States. The area is renowned for its high-end homes and estates and is home to Lake Forest College, ranked among the top liberal arts colleges in the Midwest. Lake Forest also features a vibrant downtown business district and two Metra train stations providing convenient access to Chicago and neighboring suburbs.