Bannockburn, IL Commercial Real Estate for Lease and Sale

Explore 10 listings of Bannockburn commercial real estate to find the best space for your business.

1000 Lakeside Drive

1000 Lakeside Drive, Bannockburn, IL
Property

Office

56,732 SF
Availability

1 Space

56,732 SF
Year Built

1996
For Lease Contact for pricing
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Bannockburn Lake Office Plaza II

2345 Waukegan Road, Bannockburn, IL
Property

Office

104,214 SF
Availability

1 Space

36,358 SF
Year Built

1983
For Lease Contact for pricing
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Bannockburn Green

2501-2585 Waukegan Rd, Bannockburn, IL
Property

Retail

160,114 SF
Availability

14 Spaces

22,245 SF
Year Built

1985
For Lease Contact for pricing
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Bannockburn Corporate Center

3000 Lakeside Drive, Bannockburn, IL
Property

Office

209,225 SF
Availability

6 Spaces

93,491 SF
Year Built

1999
For Lease Contact for pricing
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Waukegan Road & Half Day Road

Waukegan Road & Half Day Road, Bannockburn, IL
Property

Retail
Availability

3 Spaces

13,250 SF
For Lease Contact for pricing
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1888-1898 1st Ave, Highland Park, IL

1888-1898 1st Ave, Bannockburn, Highland Park, IL
Property

Retail

25,468 SF
Availability

1 Space

1,593 SF
Year Built

1988
For Lease

$18.00/SF/YR
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2801 Lakeside Drive

2801 Lakeside Drive, Bannockburn, IL
Property

Office

98,680 SF
Availability

1 Space

5,091 SF
Year Built

1984
For Lease

$19.00/SF/YR
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1500 Lakeside Drive

1500 Lakeside Drive, Bannockburn, IL
Property

Office

41,426 SF
Availability

2 Spaces

42,506 SF
Year Built

1998
For Lease Contact for pricing
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Bannockburn Atrium

2275 Half Day Road, Bannockburn, IL
Property

Office

127,300 SF
Availability

7 Spaces

45,266 SF
Year Built

1978
For Lease Contact for pricing
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1000 Lakeside Drive

1000 Lakeside Drive, Bannockburn, IL
Property

Office

56,732 SF
Year Built

1996
For Sale Contact for pricing
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Bannockburn commercial real estate market incorporates 581,925 square feet of office space across 6 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Bannockburn commercial real estate market includes 185,582 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.
The listing inventory in Bannockburn incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Bannockburn is represented by Office space, which accounts for 222,712 square feet of available listings. Retail space available in Bannockburn adds up to 37,088 square feet.

Meanwhile, most of the listings of commercial property for sale in Bannockburn are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Bannockburn, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19 per square foot.

Conversely, the highest sale price last year was $28,550,000 that is located at 3000 Lakeside Drive.
The average size of a commercial property in Bannockburn depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Bannockburn, the average size of an office property is 116,385 square feet.
- Retail properties here incorporate an average of 92,791 square feet.

Bannockburn, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Bannockburn currently add up to 259,800 square feet. The market offers 6 active office listing(s), which amount to 222,712 square feet and account for 66% of commercial spaces on the market. Local retail availability includes 37,088 square feet across 3 retail space(s).

Property Type	Count of Listings	Total SF
Office	6	222,712
Retail	3	37,088

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Bannockburn, IL Commercial Real Estate for Lease and Sale

1000 Lakeside Drive

Bannockburn Lake Office Plaza II

Bannockburn Green

Bannockburn Corporate Center

Waukegan Road & Half Day Road

1888-1898 1st Ave, Highland Park, IL

2801 Lakeside Drive

1500 Lakeside Drive

Bannockburn Atrium

1000 Lakeside Drive

Frequently Asked Questions

Bannockburn, IL Currently Available Listings

Commercial Space for Lease Breakdown

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