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$1,800,000
31,783
square ft

49 Sherwood Drive
Lake Bluff, Illinois 60044

Closed / MLS #11492918 / Institutional or Developmental / Lake Bluff
Listing information updated 6/27/2025 at 12:23pm
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.
Acreage:
2.83
Built:
1960
Cooling System:
Central Air
Stories:
1
Zoning:
OFFIC
Rentable Square Feet:
3,916
Building Square Feet:
31,783
Current Net Income:
$229,548
Tax Amount:
$43,535
Tax Year:
2023
Zip Code:
60044
City:
Lake Bluff
County:
Lake

Listing Office: Kinzie Brokerage LLC

Listing Office Phone: 847.383.6778

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/27/2025 at 12:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Lake Bluff, IL

Lake Bluff is a rare gem. Set atop the string of North Shore communities, the village boasts a welcoming laid-back lifestyle, historic architecture, a thriving downtown, and a priceless sense of community. Each year, Lake Bluff hosts a number of special events – from art festivals and farmers mark...
$974,225
Average Sale Price
56
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 49 Sherwood Drive, Lake Bluff, IL 60044
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49 Sherwood Drive, Lake Bluff, IL 60044 is a institutional or developmental which sold for $1,800,000. This institutional or developmental has been listed on @properties Christie's International Real Estate since August 16th, 2022 and was built in 1960.

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