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    Milwaukee Ave & Deerfield Rd Riverwoods, IL 60015

    Sponsored
    For Lease
    Contact for pricing

    540,000 SF Executive Office Space

    Lot size:
    540,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 37.32-acre Lake County office campus presents a rare opportunity for businesses seeking substantial space in a prime location. The property boasts a total of 540,000 square feet of executive office space, currently entirely vacant and available for lease. The flexible layout allows for multiple tenants, with minimum divisible space of 220,000 square feet and a maximum contiguous space of 320,000 square feet, catering to a variety of business needs and expansion plans. Ample parking is provided with 564 spaces, ensuring convenient access for employees and clients. Situated at the intersection of Milwaukee Avenue and Deerfield Road in Riverwoods, Illinois (zip code 60015), this property offers unparalleled visibility and accessibility. The property is classified as an Executive Office building and is ideally suited for large corporations or organizations requiring significant space in a prestigious location within Lake County. This is a unique opportunity to secure a substantial and highly visible office presence in a thriving business community. The property's size and location make it an exceptional investment for long-term growth and stability. Contact us today to learn more about this remarkable opportunity.

    Property Features for 0 Milwaukee Ave & Deerfield Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    540,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    220,000 SF
    Space
    Available Space 2
    Size
    320,000 SF

    HighLights

    • 540,000 SF executive office campus on 37.32 acres in Riverwoods, IL (60015).
    • Rare infill location at Milwaukee Ave & Deerfield Rd intersection.
    • Low Lake County taxes.
    • 3 miles to I‑294/Lake Cook Rd interchange.
    • 2.5 miles to I‑294/Deerfield Rd interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Riverwoods
    County
    Lake
    State
    Illinois
    Longitude
    -87.9217001
    Latitude
    42.1676837

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    FAQs

    What type of property is this?
    Office Property / Space - 540,000 SF Executive Office Space
    Where is this office property / space located?
    The property is located at Milwaukee Ave & Deerfield Rd Riverwoods, IL.
    What are key features of this property?
    This property features: 540,000 SF executive office campus on 37.32 acres in Riverwoods, IL (60015).; Rare infill location at Milwaukee Ave & Deerfield Rd intersection.; Low Lake County taxes.
    Request Owner's contact information
    Milwaukee Ave & Deerfield Rd Riverwoods, IL 60015
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    Riverwoods, 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
    Milwaukee Ave & Deerfield Rd Riverwoods, IL 60015
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