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New Flex and Distribution Building
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990 Deerfield Pkwy, Buffalo Grove, IL 60089

New spec full building on a high-profile corner with strong access via Deerfield Parkway and nearby I-94.

Property Size50,000 SF
Days on Market1280

Property Features for 990 Deerfield Pkwy

General Information

Standard status Active
Size 50,000 SF
Property subtype INDUSTRIAL

Site & Location

Traffic Count 18,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: NAI Hiffman | Oakbrook Terrace
Listed By: Dennis Hiffman
Source: Moodyscre
Added: Jan 30, 2023 Changed: Jul 27 Last Checked: Aug 1 at 12:38PM

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 is a full-building new spec flex and distribution property positioned within the Covington Corporate Center business campus. The surrounding mixed-use campus includes office research, high tech, light industrial, and distribution space, supporting a broad range of operational needs.

990 Deerfield Parkway sits on a high-profile corner with easy access to I-94 via Deerfield Parkway, as well as access to Milwaukee Avenue and Lake Cook Road. Deerfield Parkway is described as carrying traffic counts in excess of 18,000 cars per day. The property is also noted as being near the Metra rail transit station and multiple PACE bus stops, providing additional transit connectivity.

The building is offered for rent as a complete standalone option within the established business campus setting.

Key Highlights

  • New spec full building in the Covington Corporate Center business campus
  • Highly visible high‑profile corner location on Deerfield Parkway
  • Easy access to I‑94 via Deerfield Parkway and also accessible via Milwaukee Avenue and Lake Cook Road

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Pharmacy Auto Repair Shop Storage Facility Restaurant Grocery & Convenience Store

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

18,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60089, IL

43,227
Population
16,551
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
4,411
Density / Sq Mi
$129,932
Median Household Income
$70,514
Median Earnings
$2,042
Median Rent
$393,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Spiced Indian Catering — 352 Lexington Dr, Buffalo Grove, IL 60089

Frequently Asked Questions

What type of property is this?
Flex space - New spec full building on a high-profile corner with strong access via Deerfield Parkway and nearby I-94.
Where is this flex space located?
The property is located at 990 Deerfield Pkwy Buffalo Grove, IL.
What are key features of this property?
This property features: New spec full building in the Covington Corporate Center business campus; Highly visible high‑profile corner location on Deerfield Parkway; Easy access to I‑94 via Deerfield Parkway and also accessible via Milwaukee Avenue and Lake Cook Road
(630) 691-0616 Call to check price and availability
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