Net-Leased Neighborhood Retail
1833 Deerfield Rd, Highland Park, IL 60035
New
Anchored by a long-tenured freestanding Starbucks with strong ingress/egress and a durable mix of net-leased tenants.
Type:Shopping Strip
Property size:
20,537 SFPrice / SF:
$389/SF- Added:
- Jun 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 3 at 2:19 am
Property Features for 1833 Deerfield Rd
General Information
- Standard status
- Active
- Size
- 20,537 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1988
Listing agent Adrian Mendoza License #License(s): IL: 475.147980 (630) 570-2163
Listing office Marcus & Millichap | Chicago Oak Brook (630) 570-2163
Listing date Jun 1, 2026
Source Marcusmillichap
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 Marcus & Millichap | Chicago Oak Brook
HighLights
- Neighborhood retail center built in 1988
- Anchored by a freestanding Starbucks operating since 2002 with nearly six years remaining on its lease term
- Long‑tenured mix of medical, service, and restaurant tenants operating under net leases
- Full ingress and egress off Deerfield Road with 21,700 vehicles per day
- Near Skokie Highway with 63,600 vehicles per day
- Trade area includes average household income of $214,881 within a 1‑mile radius and 92,917 employees within a 3‑mile radius
Overview
This neighborhood retail center is anchored by a freestanding Starbucks that has operated at the location since 2002 and has nearly six years of remaining lease term. The center includes a strong, long-tenured mix of medical, service, and restaurant tenants, all operating under net leases, supporting a stable income profile. In addition, the property is laid out to provide practical day-to-day customer access.
Full ingress and egress are available off Deerfield Road, which carries 21,700 vehicles per day, and the site also benefits from close proximity to Skokie Highway with 63,600 vehicles per day. The surrounding area includes multiple country clubs, schools, and retail destinations, all contributing to consistent local traffic demand.
The combination of an established coffee anchor, a diversified tenant mix, and net lease structures makes this property well-suited for investors seeking neighborhood-oriented retail exposure in an affluent, densely populated trade area. With the area’s reported average household income of $214,881 within a one-mile radius and 92,917 employees within a three-mile radius, the center is positioned to serve both everyday convenience needs and longer dwell-time shopping and service patterns.
Full ingress and egress are available off Deerfield Road, which carries 21,700 vehicles per day, and the site also benefits from close proximity to Skokie Highway with 63,600 vehicles per day. The surrounding area includes multiple country clubs, schools, and retail destinations, all contributing to consistent local traffic demand.
The combination of an established coffee anchor, a diversified tenant mix, and net lease structures makes this property well-suited for investors seeking neighborhood-oriented retail exposure in an affluent, densely populated trade area. With the area’s reported average household income of $214,881 within a one-mile radius and 92,917 employees within a three-mile radius, the center is positioned to serve both everyday convenience needs and longer dwell-time shopping and service patterns.
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Location Insight
- Map
- Local Demand
- City
- Highland Park
- County
- Lake
- State
- Illinois
- Longitude
- -87.8246114
- Latitude
- 42.1713914
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Anchored by a long-tenured freestanding Starbucks with strong ingress/egress and a durable mix of net-leased tenants.
Where is this strip mall located?
The property is located at 1833 Deerfield Rd Highland Park, IL.
What is the asking price?
The asking price for this property is $7,990,000.
What are key features of this property?
This property features: Neighborhood retail center built in 1988; Anchored by a freestanding Starbucks operating since 2002 with nearly six years remaining on its lease term; Long‑tenured mix of medical, service, and restaurant tenants operating under net leases
