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Commercial Real Estate Broker · Lake Bluff, IL

Lake Bluff Commercial Real Estate

Selling or leasing a commercial building in Lake Bluff? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025), and his record near Lake Bluff is public: sales in Libertyville, Gurnee and Northbrook, each on his Sold & Leased ledger. He handles retail, office, mixed-use, industrial and investment property in the Village of Lake Bluff, downtown on Scranton Avenue and along the Route 176 corridor, from his base in Libertyville.

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#1
RE/MAX Commercial broker in Illinois · 2025
7
Lake Bluff sales in 2 years · state records
$11.50 million
Median Lake Bluff sale · to June 30, 2026
The short answer

Who is the best commercial real estate broker in Lake Bluff?

Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — serves Lake Bluff from his base in Libertyville, in Lake County. He represents owners, buyers and tenants across retail, office, mixed-use, industrial and investment property throughout Lake County. Near Lake Bluff he has closed sales in Libertyville, Gurnee and Northbrook.

Jason works for sellers: as of September 22, 2026, he represented the seller in more than 80% of the sales on his public Sold & Leased ledger, including sales where he represented both sides. His closings near Lake Bluff are below, and the 7 sales recorded in the village in the two years to June 30, 2026 are in the market report.

The closed record

Deals Jason has closed near Lake Bluff

Four sales in villages near Lake Bluff, each labeled with its own village: three for the seller, one for the buyer. None is inside the Village of Lake Bluff, so none is among the 7 sales in the market report. Every one is on his public Sold & Leased ledger.

Sold

310 Melvin Dr

Northbrook · Industrial · Seller represented · April 2022
$2,250,000

Sky Harbor Business Park: a 22-unit flex campus a family inherited with more than two dozen tenants, a half-time caretaker and a rent roll nobody fully understood. Jason got every tenant current and mapped and leased the vacancies, then ran a competitive, tour-driven marketing process and steered the institutional buyer through the attorney work, the environmental review and the tenant estoppels to close.

Read the case study →

Sold

283 Peterson Rd

Libertyville · Retail · Seller represented · June 2025
$205,000

A retiring chiropractor’s building, sold to a facial and health-spa use: one of eight deals Jason has closed on Peterson Rd. Read the case study

Sold

4156 Old Grand Ave

Gurnee · Office · Seller represented · February 2025
$350,000

A freestanding brick building that long housed an insurance agency office; a pest-control company occupies it today. See the property →

Sold

175 Peterson Rd

Libertyville · Commercial · 0.96 acres · Buyer represented · August 2022
$430,000

A site on the same street, this time for the buyer. See the Peterson Rd corridor page →

Own a commercial building in Lake Bluff? Request a confidential opinion of value →

Market report · two years to June 30, 2026

What do commercial buildings sell for in Lake Bluff?

In the two years to June 30, 2026, the Village of Lake Bluff recorded 7 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $11.50 million — 4 in the latest 12 months and 3 in the year before.

7sales · median $11.50 million · two years to June 30, 2026
By property type
Property typeSalesMedian price
Retail & commercial5—
Office2—
Industrial0—
All7$11.50 million

A group median appears only where enough sales qualify, so each property type shows a count only. No industrial sale was recorded.

By year, to June 30
PeriodSales
Latest 12 months4
The year before3

Counts only. The report does not compare prices year to year.

Read the median with care. Seven sales is a small sample, and the median is simply the middle one: it describes the sales that closed in these two years, not what any one Lake Bluff building is worth.

The report gives no price per square foot. No industrial sale was recorded, and in retail, commercial and office sales the land and the tenant often set the price as much as the building does, so a per-square-foot median would mislead.

Time to sell · two years to June 30, 2026

How long does it take to sell a commercial building in Lake Bluff?

The state record is too thin to say. All 7 sellers reported a marketing time, and 5 of them had put the building on the market: too few for a median.

Jason keeps a live board of buyers and tenants who are looking now. See who is looking →  ·  Ask what your building would sell for →  ·  Compare with other towns →

Source: Jason Bitton RE/MAX Commercial’s database from public records: arm’s-length sales of office, retail, commercial and industrial property in Lake Bluff, dated July 1, 2024 to June 30, 2026; updated September 24, 2026. Sales are counted per transaction; one sale may cover several parcels, and a building resold on the same day is counted once, at the final price. Price excludes personal property. Marketing time is the seller’s own estimate (7 of the 7 sales report it). A group median appears only where enough sales qualify. Filings can trail a sale by weeks, so the latest quarter may still rise slightly. Aggregates only. Next update: late November 2026, for sales through September 30.

For sellers

Why Lake Bluff sellers hire Jason

Beyond pricing, marketing and negotiating, a seller gets the bench Jason has built over years of closings. Across the Chicago area, Jason has closed deals from 1,500 to 98,905 square feet and has sold contractor units, mixed-use, multifamily, medical and office buildings, manufacturing warehouses and national retail stores.

What a Lake Bluff sale has to answer

What the price rests on

Lake Bluff recorded 7 arm’s-length commercial sales in two years, 4 of them in the latest 12 months. With that few, the comparable sales a buyer leans on are thin, and the building’s own rent and condition carry more of the price.

Like for like

Of the 7 sales, 5 were retail and commercial buildings and 2 were office; none was industrial, though Lake County parcel records list 28 industrial parcels with a recorded building in the village. An office or industrial building in Lake Bluff has few or no sales of its own kind to price against, so its comparable sales have to come from a wider area than the village.

A rent roll a buyer can underwrite

Institutional buyers discount for every unknown. Before Sky Harbor Business Park in Northbrook went to market, Jason got every tenant current and mapped and leased the vacancies, so the rent roll answered a buyer’s questions before they were asked.

Which buyer

A downtown building with a storefront and an apartment upstairs has two buyer pools: an owner-user who takes the storefront and lets the apartment help carry the mortgage, and an investor who holds both incomes. The marketing has to reach both.

People and tools Jason can bring to your sale

  • A tested starting point — Mainstreet commercial contract forms, reviewed and revised by many attorneys over the years, give your attorney an established starting point and can reduce drafting time.
  • Flat-fee counsel — real estate counsel who works on a flat rate, when you want one.
  • Fast environmental — environmental consultants who turn time-sensitive reports around quickly.
  • Lenders who answer — lenders who pick up Jason’s call directly and get a buyer’s financing moving.
  • Village zoning, handled — Jason works zoning and use questions directly with the village.
  • Honest trades — roofers, window contractors and other trades with fair pricing, to get a building ready to sell.
  • No competing portfolio — Jason doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer.

Before you decide, read what selling a commercial building involves, start to finish.

What clients say

Trusted by commercial owners & investors

★★★★★ 5.0 · 17 Google reviews
★★★★★

“Jason was professional and went above and beyond helping us to sell our property. He was prompt in responding and helpful with our questions. He shows up and follows through.”

— Anna S.
★★★★★

“Jason recently sold one of my commercial condo properties. His communication is great, very responsive. Jason utilized multiple platforms to get eyes on my listing. I’m very happy with how Jason handled the sale of my unit!”

— Bryan S.
★★★★★

“Jason’s been a huge asset in our commercial real estate deals. He’s quick, professional, and detail oriented. Highly recommend him!”

— Tina G.
Read all 17 five-star reviews on Google →
Meet your broker

Jason Bitton

Commercial Real Estate Broker · RE/MAX Commercial

Jason Bitton is a commercial-only broker based in Libertyville, ranked #1 by commercial production among RE/MAX brokers in Illinois in 2022, 2024, and 2025 and a 2025 RE/MAX Hall of Fame inductee. With more than a decade working exclusively in commercial property, he represents buyers, sellers, landlords, and tenants across retail, industrial, office, multifamily, mixed-use, NNN, and land throughout Lake County, the North Shore, and the O’Hare corridor.

Market Overview

Lake Bluff Commercial Real Estate Market

Lake Bluff is a North Shore village in Lake County. Its commercial market centers on the Scranton Avenue downtown district and the Route 176 corridor, serving both the local residential base and the broader Lake Forest and North Shore market.

Market Highlights

  • ✓ Walkable downtown — Scranton Avenue district
  • ✓ Route 176 commercial corridor
  • ✓ Metra commuter rail — Union Pacific North Line
  • ✓ Proximity to Lake Forest and Great Lakes Naval Station
  • ✓ 52 commercial and 28 industrial parcels with a recorded building, in Lake County parcel records
  • ✓ 7 commercial sales in the two years to June 30, 2026

Retail

Downtown storefronts, restaurant spaces, and neighborhood retail.

Office

Professional and boutique office suites.

Mixed-Use

Upper-floor residential with ground-floor retail in the village center.

Investment Sales

Retail, office and mixed-use buildings bought as investments.

What the county record shows

Lake County parcel records list 52 commercial parcels with a recorded building inside the Village of Lake Bluff, about 1,219,107 square feet of building area, and 28 industrial parcels with a recorded building, about 1,017,027 square feet. These are recorded entries, not a market rate. The market report above recorded no industrial sale in the two years to June 30, 2026.

Source: Lake County parcel records (the county’s parcel map: parcels in the Village of Lake Bluff classed commercial or industrial, with a recorded building area), queried September 25, 2026.

Commercial Zoning

What Can You Open in Lake Bluff?

Lake Bluff zoning by address

Look up a Lake Bluff address

Street number and street; add the town if it is not Lake Bluff. The lookup starts on its own when you pause.

Lake Bluff’s zoning code (Title 10 of the Municipal Code) sorts commercial property into the CBD Central Business district downtown, an O&R Office and Research district, the AP-1 Automotive Park district, three industrial districts (L-1 Light Industry, L-2 Limited Light Industry and S Service) and an R Railroad district. One use table covers them all, and it allows a broad range of retail, service and office uses by right in L-1. Since June 2025, screened outdoor storage approved by the Architectural Board of Review is allowed in L-1 north of Route 176 and east of U.S. 41; elsewhere in L-1, storage and loading stay inside. In L-2, retail needs a special use and a tract of at least 5 acres.

Lake Bluff Zoning Districts

The commercial, office and industrial districts in Lake Bluff, with the uses allowed by right and the uses that need special-use approval — 7 districts, 404 listed uses. Open any district for its full list.

CBD Central Business District — 70 permitted, 34 by special use+

Downtown business district; the code gives it no separate purpose clause, and its uses come from the zoning use table at 10-13-3. Residential use of the first floor, or of any combination of the first three floors, is allowed only in CBD block one; eating places, drinking places accessory to them, and breweries and brewpubs are special uses with set hours of operation. (Title 10, Sections 10-6A-1, 10-6A-13; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Advertising services, Apparel and accessory stores, Arrangement of passenger transportation, Auto and home supply stores without service bays, Barbershops, Beauty shops, Bookstores, Business and secretarial schools, Camera and photographic supply stores, Computer and data processing services, Credit reporting and collection, Data processing schools, Depository institutions without drive-in or drive-through facilities, or drive-up auto teller machines, Drugstores, Electrical repair shops, Engineering and management services, First, second, third floor residential uses, including, without limitation, townhomes, apartments, and condominiums (CBD block one only, 10-6A-1.B), Florists, Food stores, Furniture and home furnishings stores, Garment pressing, and cleaners' agents, General merchandise stores, General offices, not elsewhere classified, Gift, novelty, and souvenir shops, Hardware stores, Health and allied services, Hobby, toy, and game shops, Holding and other investment offices, Individual and family social services, Insurance agents, brokers, and service, Insurance carriers, Jewelry stores, Job training and related services, Legal services, Luggage and leather goods stores, Mailing, reproduction, stenographic services, Medical and dental laboratories, Miscellaneous business services, Motion picture distribution and services, Motion picture production and services, Museums and art galleries, Nondepository institutions, Offices, Offices and clinics of dentists, Offices and clinics of medical doctors, Offices of osteopathic physicians, Offices of other health practitioners, Optical goods stores, Paint, glass and wallpaper stores, Personnel supply services, Photographic studios, portrait, Physical fitness facility less than 2,000 square feet, Real estate, Retail nurseries and garden stores without open yards, Second floor residential apartments or condominiums, Security and commodity brokers, Services to buildings services, Sewing, needlework and piece goods, Shoe repair shops and shoeshine parlors, Short-term rental, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained, Sporting goods and bicycle shops, Stationery stores, Tax return preparation services, Third floor residential apartments or condominiums, Used merchandise stores, Videotape rental, Watch, clock, jewelry repair services

Special use approval required: Airport, Bowling center, Breweries and brewpubs, Building/structure for railroad uses, Buildings for public utilities, Cellular, digital, paging, or other antenna or dish installation or facility, Child daycare services, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Dance schools, studios, and halls, Depository institutions with drive-in facilities or drive-up auto teller machines, Drinking places accessory to permitted eating places, Drive-in or drive-through facilities accessory to any retail trade facility listed as a permitted use, Drive-in or drive-through facilities accessory to any service use listed as a permitted use, Eating places without drive-in or drive-through facilities, Freestanding automatic teller machines, Gasoline service stations, Hospital or clinic, Hotel, Membership sports and recreation clubs, Miscellaneous transportation and public utilities, not elsewhere classified, Motion picture theaters, excluding drive-ins, Personal wireless service antenna facilities and equipment, Physical fitness facility 10,000 square feet or greater, Physical fitness facility 2,000 to 9,999 square feet or greater, Planned mixed-use developments, Schools, Solar energy systems: ground mounted, Stand alone and underground parking facilities or lots, public or private, Swimming pools for organizations, clubs, and multiple-family dwellings, United States Postal Service, Veterinary services for animal specialties

Read the CBD district in the official code

O&R Office and Research District — 20 permitted, 13 by special use+

Administrative and research organizations that do not detract from residential desirability, located next to certain residential districts. All operations must be wholly inside buildings with no offensive emissions, no merchandise sold or serviced except as incidental, and no open or unenclosed storage. (Title 10, Sections 10-6B-1, 10-6B-2; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Computer and data processing services, General offices, not elsewhere classified, Holding and other investment offices, Individual and family social services, Insurance agents, brokers, and service, Insurance carriers, Job training and related services, Legal services, Medical and dental laboratories, Offices, Offices and clinics of dentists, Offices and clinics of medical doctors, Offices of osteopathic physicians, Offices of other health practitioners, Real estate, Research laboratories, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained, Tax return preparation services

Special use approval required: Airport, Building/structure for railroad uses, Buildings for public utilities, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Hospital or clinic, Hotel, Personal wireless service antenna facilities and equipment, Schools, Solar energy systems: ground mounted, Swimming pools for organizations, clubs, and multiple-family dwellings

Read the O&R district in the official code

AP-1 Automotive Park District — 29 permitted, 15 by special use+

Automotive and vehicular sales, service and related activities on large, specially planned sites; a district must be at least 7 acres and any tract must be in an approved subdivision before building. Outdoor display areas stay out of front and corner side yards and 25 feet from rights of way, nothing is stored outside an enclosed structure except screened service vehicles, and all repairs are done indoors. (Title 10, Sections 10-6C-1, 10-6C-3, 10-6C-12; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Automotive, aircraft and marine upholstery shops, Automotive, aircraft, and marine detail shops, Automotive/aircraft/marine accessory stores, New aircraft dealership, New automobiles dealership, New boats and personal watercraft dealership, New motorcycles dealership, New recreational vehicles dealership, New snowmobiles dealership, New trucks and vans dealership, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained, Used aircraft dealerships, Used automobiles dealerships, Used boats and personal watercraft dealerships, Used motorcycles dealerships, Used recreational vehicles dealerships, Used snowmobiles dealerships, Used trucks and vans dealerships, Vehicle body shops, Vehicle muffler shops, Vehicle oil change facilities, Vehicle painting facilities, Vehicle radio/stereo, cellular telephone and communications stores, Vehicle service and repair centers, Vehicle service stations, including fuel and minimart services, Vehicle tire, battery, accessory stores, Vehicle washing facilities

Special use approval required: Aboveground fuel storage tanks, Airport, Building mounted wind energy systems, Building/structure for railroad uses, Buildings for public utilities, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Hospital or clinic, Hotel, Personal wireless service antenna facilities and equipment, Schools, Solar energy systems: ground mounted, Swimming pools for organizations, clubs, and multiple-family dwellings

Read the AP-1 district in the official code

L-1 Light Industry District — 76 permitted, 44 by special use+

Light industrial operations in suitable locations, with rules against offensive noise, smoke, odor and glare and no residential development; the use table also allows a broad range of retail, service and office uses by right. Storage and loading must be inside a building, except north of Route 176 and east of U.S. 41, where screened outdoor storage approved by the Architectural Board of Review is allowed (Ord. 2025-17). Cannabis businesses are banned village-wide except medical dispensaries. (Title 10, Sections 10-7A-1, 10-7A-6, 10-4B-4; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Advertising services, Apparel and accessory stores, Arrangement of passenger transportation, Assembly of goods, Auto and home supply stores without service bays, Barbershops, Beauty shops, Bookstores, Business and secretarial schools, Camera and photographic supply stores, Commercial printing not elsewhere classified, Computer and data processing services, Credit reporting and collection, Data processing schools, Depository institutions without drive-in or drive-through facilities, or drive-up auto teller machines, Drugstores, Electrical repair shops, Engineering and management services, Fabrication of goods, Floor covering stores, Florists, Food stores, Freestanding automatic teller machines, Furniture and home furnishings stores, Garment pressing, and cleaners' agents, General merchandise stores, General offices, not elsewhere classified, Gift, novelty, and souvenir shops, Hardware stores, Health and allied services, Hobby, toy, and game shops, Holding and other investment offices, Individual and family social services, Insurance agents, brokers, and service, Insurance carriers, Jewelry stores, Job training and related services, Legal services, Light industrial manufacturing, Linen supply, Luggage and leather goods stores, Mailing, reproduction, stenographic services, Manufacturing of small electric generators, Manufacturing of small electric motors, Medical and dental laboratories, Miscellaneous business services, Motion picture distribution and services, Motion picture production and services, Museums and art galleries, Nondepository institutions, Offices, Offices and clinics of dentists, Offices and clinics of medical doctors, Offices of osteopathic physicians, Offices of other health practitioners, Optical goods stores, Packing of goods, Paint, glass and wallpaper stores, Personnel supply services, Photographic studios, portrait, Physical fitness facility 2,000 to 9,999 square feet or greater, Physical fitness facility less than 2,000 square feet, Processing of goods, Radio and television repair shops, Real estate, Research laboratories, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained, Sporting goods and bicycle shops, Stationery stores, Storage of goods (wholly enclosed), Tax return preparation services, Used merchandise stores, Videotape rental, Watch, clock, jewelry repair services

Special use approval required: Aboveground fuel storage tanks, Airport, Automotive repair, Bowling center, Breweries and brewpubs, Building mounted wind energy systems, Building/structure for railroad uses, Buildings for public utilities, Carpet and upholstery cleaning, Cellular, digital, paging, or other antenna or dish installation or facility, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Dance schools, studios, and halls, Depository institutions with drive-in facilities or drive-up auto teller machines, Dog daycare, boarding, grooming, and training, Drinking places accessory to permitted eating places, Drive-in or drive-through facilities accessory to any retail trade facility listed as a permitted use, Drive-in or drive-through facilities accessory to any service use listed as a permitted use, Eating places without drive-in or drive-through facilities, Gasoline service stations, Hospital or clinic, Hotel, Liquor stores, Medical cannabis dispensary (conditions in 10-4B-6), Membership sports and recreation clubs, Motion picture theaters, excluding drive-ins, Motorcycle service and repair facility, New automobiles dealership, Personal wireless service antenna facilities and equipment, Physical fitness facility 10,000 square feet or greater, Planned commercial developments, Schools, Solar energy systems: ground mounted, Stand alone and underground parking facilities or lots, public or private, Swimming pools for organizations, clubs, and multiple-family dwellings, Used automobiles dealerships, Vehicle body shops, Vehicle muffler shops, Vehicle oil change facilities, Vehicle painting facilities, Vehicle service and repair centers, Veterinary services for animal specialties

Read the L-1 district in the official code

L-2 Limited Light Industry District — 32 permitted, 26 by special use+

Light industrial operations that need larger tracts than L-1, and certain industrial operations unsuited to the downtown; no building until the tract is in an approved subdivision. Retail commercial operations are special uses only on tracts of 5 acres or more, and auto sales, service and repair only on tracts of 7 acres or more, with a 100-foot open setback along U.S. 41 and no access from it. (Title 10, Sections 10-7B-1, 10-7B-3; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Assembly of goods, Computer and data processing services, Fabrication of goods, General offices, not elsewhere classified, Holding and other investment offices, Individual and family social services, Insurance agents, brokers, and service, Insurance carriers, Job training and related services, Legal services, Light industrial manufacturing, Manufacturing of small electric generators, Manufacturing of small electric motors, Medical and dental laboratories, Offices, Offices and clinics of dentists, Offices and clinics of medical doctors, Offices of osteopathic physicians, Offices of other health practitioners, Packing of goods, Processing of goods, Real estate, Research laboratories, Retail nurseries and garden stores without open yards, Security and commodity brokers, Services to buildings services, Sewing, needlework and piece goods, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained, Storage of goods (wholly enclosed), Tax return preparation services

Special use approval required: Aboveground fuel storage tanks, Adult entertainment establishments, Airport, Building mounted wind energy systems, Building/structure for railroad uses, Buildings for public utilities, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Hospital or clinic, Hotel, Mortuary uses, New automobiles dealership (tracts of 7 acres or more, 10-7B-3), Personal wireless service antenna facilities and equipment, Planned commercial developments, Retail commercial operations (tracts of 5 acres or more, 10-7B-3), Schools, Solar energy systems: ground mounted, Swimming pools for organizations, clubs, and multiple-family dwellings, Used automobiles dealerships (tracts of 7 acres or more, 10-7B-3), Vehicle body shops (tracts of 7 acres or more, 10-7B-3), Vehicle muffler shops (tracts of 7 acres or more, 10-7B-3), Vehicle oil change facilities (tracts of 7 acres or more, 10-7B-3), Vehicle painting facilities (tracts of 7 acres or more, 10-7B-3), Vehicle service and repair centers (tracts of 7 acres or more, 10-7B-3)

Read the L-2 district in the official code

S Service District — 12 permitted, 14 by special use+

Light industrial activities that cannot be carried on wholly inside buildings, such as material and equipment yards, subject to the performance standards. Buildings plus outdoor loading and storage may cover no more than 50% of the lot, stored materials may not exceed 12 feet, and storage areas need an opaque fence at least 8 feet high. (Title 10, Sections 10-7C-1, 10-7C-6; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Building equipment, Building material, Building/structure for public agency, Coal yards, Contracting equipment yards, Lumberyards, Maintenance yards or operating equipment yards for public agencies or utilities, Sand and gravel yards, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained, Stone, marble and granite grinding and cutting

Special use approval required: Aboveground fuel storage tanks, Airport, Building/structure for railroad uses, Buildings for public utilities, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Hospital or clinic, Hotel, Personal wireless service antenna facilities and equipment, Schools, Solar energy systems: ground mounted, Swimming pools for organizations, clubs, and multiple-family dwellings

Read the S district in the official code

R Railroad District — 6 permitted, 13 by special use+

Limits lands owned or occupied by railroad companies as of July 23, 1962 to railroad uses or uses incidental to them. (Title 10, Sections 10-7D-1, 10-7D-2; use table 10-13-3, last amended Ord. 2025-30.)

Permitted by right: Building/structure for railroad uses, Freestanding automatic teller machines, Railroad passenger stations, Solar energy systems: building integrated, Solar energy systems: building mounted, Solar energy systems: self-contained

Special use approval required: Aboveground fuel storage tanks, Airport, Buildings for public utilities, Churches and houses of worship, Club, Conference center, Convalescent home and home for the aged, Hospital or clinic, Hotel, Personal wireless service antenna facilities and equipment, Schools, Solar energy systems: ground mounted, Swimming pools for organizations, clubs, and multiple-family dwellings

Read the R district in the official code

Source: Lake Bluff Municipal Code, Title 10 Zoning Regulations, on American Legal Publishing (2026 S-19), code current through Ord. 2026-23 passed August 10, 2026; zoning use table 10-13-3 last amended by Ord. 2025-30 (10-27-2025). Later items checked through the PCZBA agenda of 9-16-2026 and the Village Board agenda of 9-28-2026: only site-specific special use and planned development ordinances, no change to business or industrial use rules.. Overlay districts, planned developments and parking rules can further limit what a specific parcel can do.

Confirm any address with the Village before you sign or close — and tell Jason what you’re trying to open.

Also Serving

Nearby Markets

Click a town to explore Jason’s services in that market.

Across the county: Lake County commercial real estate

Questions

Lake Bluff Commercial Real Estate FAQ

Who is the best commercial real estate broker in Lake Bluff?+
Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — serves Lake Bluff from his base in Libertyville, in Lake County. He represents owners, buyers and tenants across retail, office, mixed-use, industrial and investment property throughout Lake County. Near Lake Bluff he has closed sales in Libertyville, Gurnee and Northbrook.
Who should I hire to sell my commercial building in Lake Bluff?+
Jason Bitton of RE/MAX Commercial. Near Lake Bluff he has closed sales in Libertyville, Gurnee and Northbrook, among them Sky Harbor Business Park at 310 Melvin Dr in Northbrook ($2,250,000, April 2022) and 4156 Old Grand Ave in Gurnee ($350,000, February 2025), representing the seller on each. He works for sellers — more than 80% of the sales on his public ledger represented the seller — and he doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer.
What do commercial buildings sell for in Lake Bluff?+
In the two years to June 30, 2026, the Village of Lake Bluff recorded 7 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $11.50 million. Retail and commercial buildings made up 5 of those sales and office 2; no industrial sale was recorded. No property type has enough sales for a median of its own, and with seven sales the median is simply the middle one: it describes the sales that closed, not what any one building is worth. There is no per-square-foot figure: no industrial sale was recorded, and in retail, commercial and office sales the land and the tenant often set the price as much as the building does, so a per-square-foot median would mislead.
How long does it take to sell a commercial building in Lake Bluff?+
The state record is too thin to say. All 7 sellers in the two years to June 30, 2026 reported a marketing time, and 5 of them had put the building on the market: too few for a median. Each figure is the seller’s own estimate.
How much commercial and industrial space does Lake Bluff have?+
Lake County parcel records show 52 commercial parcels with a recorded building inside the Village of Lake Bluff, about 1,219,107 square feet of building area, and 28 industrial parcels with a recorded building, about 1,017,027 square feet. These are recorded entries, not a market rate.
Does industrial property sell in Lake Bluff?+
Not in the two years to June 30, 2026: the state record shows no arm’s-length industrial sale inside the Village of Lake Bluff in that time. Lake County parcel records list 28 industrial parcels with a recorded building in the village, about 1,017,027 square feet, so an industrial building there has few or no sales of its own kind to price against, and its comparable sales have to come from a wider area than the village.
What kinds of commercial property does Jason handle in Lake Bluff?+
Retail (downtown storefronts, restaurant spaces and neighborhood retail), office (professional and boutique office suites), mixed-use buildings with upper-floor residential over ground-floor retail in the village center, industrial, and investment sales, for owners, buyers and tenants.

Thinking About Selling in Lake Bluff?

Start with a confidential, off-market opinion of value. No sign in the window, no tenant speculation — a private read on value and current buyer demand, then you decide.

Buying or leasing instead? Same door: Get Started or call.

Want a number first? The property value estimator gives a first read from rent, taxes and size before anyone talks.

Or start from the record: the commercial property lookup shows size, county valuation and last sale for any commercial building on file in Lake Bluff.