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Former Therapy Day School
For Lease
$25 SF/Yr

1161 Lake Cook Rd, Deerfield, IL 60015

21,206 SF space ideal for educational, medical, community use.

Space SizeContact for details
Property Size21,206 SF
Days on Market155

Property Features for 1161 Lake Cook Rd

General Information

Standard status Active
Size 21,206 SF
Property subtype Office

Building Details

Year Built 1986
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Jason Wurtz · License #475213708
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 7 at 1:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Hiffman | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This 21,206 square foot space, divisible for flexible layouts, formerly housed a Therapy Day School. The premise is designed with ABA-focused therapy rooms, life skills education areas, and observation spaces, complemented by cosmetic upgrades tailored for age-appropriate services. An administrative business area is also included. The property is suited for educational, medical, or community-focused organizations. It features a parking ratio of 4 spaces per 1,000 square feet and an outdoor play area. Situated off Frontage Road, the location provides convenient access to Lake Cook Road and immediate access to I-294 and I-94. The property benefits from a prime location off Lake Cook Road, with convenient access to public transportation.

Key Highlights

  • 21,206 SF divisible space suitable for educational, medical, or community use.
  • ABA focused therapy rooms, life skills education area, and observation areas already in place.
  • Prime location off Lake Cook Road with easy access to public transportation.

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Pet Grooming Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60015, IL

28,013
Population
10,657
Households
2.6
Avg Household Size
43
Median Age
80%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$186,786
Median Household Income
$82,970
Median Earnings
$2,284
Median Rent
$602,700
Median Home Value

Market

Lease Benchmarks for Deerfield, IL

$23.25 /SF/Yr
Avg Asking Price
$20–$25 /SF/Yr
Price Range
55,226 SF
Avg Space Size

This space is priced 8% above the average of $23.25 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office space - 21,206 SF space ideal for educational, medical, community use.
Where is this office space located?
The property is located at 1161 Lake Cook Rd Deerfield, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 21,206 SF divisible space suitable for educational, medical, or community use.; ABA focused therapy rooms, life skills education area, and observation areas already in place.; Prime location off Lake Cook Road with easy access to public transportation.
More about this property
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