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$1,650,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 655 Rockland Rd
General
- Price: $1,650,000
- Taxes: $32,901 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12624770
- Updated: 4/21/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Inside Corridor(s), Janitorial Service, Multi-Tenant
- Flooring: Carpet, Tile
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: Lake Bluff
- County: Lake
- Township: Shields
- Driving Directions: From 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
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition, Membrane
- Sub-Flooring: Carpet, Tile
- Stories/Levels: 3
- Square Feet: 12,822
- Current Bldg. Use: Commercial, Office
- Year Built: 1989
Unit Information
- # Tenants: 24
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,363
- Lot Dimensions: 123 x 175 x 121 x 175
- Frontage: City Street
- Drainage: Drain Tiles, Storm Sewers
- Potential Use: Commercial, Office, Elderly Housing, Single Room Occupancy
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $63,833
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1989
- Tax Amount: $32,901.56
- Tax Year: 2024
- Tenant Pays: Electricity, Other
Disclosures and Reports
- Property ID: 12192030100000
Listed by E- Signature Realty
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Schools
Schools serving 655 Rockland Rd
School Districts:Lake Bluff Elementary School District 65, Lake Forest Community High School District 115
| Name | Grades | Distance |
|---|---|---|
Lake Bluff Elementary School, Lake Bluff, IL 350 West Washington Avenue, Lake Bluff, IL 60044 | K-5 | 1 mi |
Lake Bluff Middle School 31 East Sheridan Place, Lake Bluff, IL 60044 | 6-8 | 1.6 mi |
Lake Forest High School 1285 North McKinley Road, Lake Forest, IL 60045 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 655 Rockland Rd
Date
Details
Price
Change
Source
4/21/2026
Listed
$1,650,000
17.86%
MLS
10/29/2015
Sold
$1,400,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 655 Rockland Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,975
23%
$415,205
8%
2023
$21,892
2%
$382,748
20%
2022
$21,442
2%
$318,705
1%
2021
$21,010
4%
$315,956
-1%
2020
$20,270
—
$317,704
-35%
2019
$20,299
16%
$488,745
79%
2018
$17,522
2%
$273,117
2%
2017
$17,244
4%
$268,551
5%
2016
$16,642
1%
$255,617
6%
2015
$16,512
-2%
$240,694
—
2014
$16,853
3%
$240,694
—
2013
$16,418
7%
$240,677
-4%
2012
$15,328
—
$251,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 655 Rockland Rd
655 Rockland Road, Lake Bluff, IL 60044 (MLS# 12624770) is a Office property. 655 Rockland Road is currently listed for $1,650,000 and was received on April 21, 2026. Want to learn more about 655 Rockland Road? Do you have questions about finding other Office real estate for sale in Lake Bluff? You can browse all Lake Bluff real estate or contact a Coldwell Banker agent to request more information.

