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    94 S Waukegan Rd Deerfield, IL 60015

    For Lease
    Contact for pricing

    Retail center with parking and apartments near major roadways.

    Property size:
    135,855 SF
    Lot size:
    25.12 Acres

    Property Features for 94 S Waukegan Rd

    General Information

    Size
    135,855 SF
    Lot size
    25.12 Acres

    Source: Mid-America Real Estate Group Agent Liz Krebs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center with Parking, Apartments

    This retail property is located approximately two miles east of the 294 Tri-State Tollway and two miles west of the Eden's 1-94/Route 41. The property features a proposed 1,850 parking spaces, which equates to approximately 4.1 spaces per 1,000 square feet. Plans include the addition of approximately 230 apartments or townhomes located behind the center. Traffic counts indicate significant vehicular presence, with Lake Cook Road recording 37,900 vehicles per day (VPD) and Waukegan Road recording 30,600 VPD. The property encompasses a total area of 135,855 square feet.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Deerbrook Shopping Center, Deerfield Park Plaza, Brookside Plaza, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield
    County
    Lake
    State
    Illinois
    Longitude
    -87.8360699
    Latitude
    42.150834

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    FAQs

    What type of property is this?
    Shopping center - Retail center with parking and apartments near major roadways.
    Where is this shopping center located?
    The property is located at 94 S Waukegan Rd Deerfield, IL.
    What are key features of this property?
    This property features: - Convenient location: Two miles from both the 294 Tri-State Tollway and the I-94/Route 41 (Eden's Expressway).; - Ample parking: Proposed **1,850 parking spaces (4.1/1,000 SF)**.; - Residential component: Proposed ± 230 apartments/townhomes behind the center.
    (630) 954-7300
    Request Owner's contact information
    94 S Waukegan Rd Deerfield, IL 60015
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    Deerfield, IL 60015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    94 S Waukegan Rd Deerfield, IL 60015
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