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    Waukegan Rd & Half Day Rd Deerfield, IL

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    For Lease
    Contact for pricing

    Grocery-anchored development opportunity in a dynamic North Shore location.

    Property size:
    6,950 SF
    Lot size:
    4.87 Acres

    Property Features for Waukegan Rd & Half Day Rd

    General Information

    Size
    6,950 SF
    Lot size
    4.87 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

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

    Overview

    North Shore Retail Development Opportunity

    This rare North Shore development is strategically positioned at a dynamic intersection, surrounded by two grocery stores and several hundred thousand square feet of retail space. Located at the signalized hard-corner of two critical North Shore arterials, the site links to Bannockburn, Lake Forest, Deerfield, Lincolnshire, and Highland Park. The property features a thoughtful site layout with multi-tenant shop space, drive-thrus, and medical office potential. The location benefits from significant daytime density due to a large office concentration, Deerfield High School, and Midtown Athletic Club. Multiple access points are available, including full access through Mariano’s. The property offers 250 parking spaces and large pylon signage opportunities on both Half Day Road and Waukegan Road. The available property size is 6,950 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Deerfield Square

    Map

    City
    Deerfield
    County
    Lake
    State
    Illinois
    Longitude
    -87.8445119
    Latitude
    42.1711365

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored development opportunity in a dynamic North Shore location.
    Where is this shopping center located?
    The property is located at Waukegan Rd & Half Day Rd Deerfield, IL.
    What are key features of this property?
    This property features: - Rare grocery-anchored development on the North Shore.; - Strategically positioned at a dynamic intersection with high retail density.; - Located at a signalized hard-corner of two critical North Shore arterials.
    (630) 954-7327
    Request Owner's contact information
    Waukegan Rd & Half Day Rd Deerfield, IL
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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
    Waukegan Rd & Half Day Rd Deerfield, IL
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