Property summary
This exceptional commercial property, situated at the intersection of Milwaukee Ave and Deerfield Road in Riverwoods, Illinois (zip code 60015), presents a rare infill development opportunity. The site encompasses 37.32 acres and offers a substantial building footprint ranging from 220,000 to 320,000 square feet. The property boasts 497 parking spaces and two dock-high doors, catering to diverse logistical needs. High ceilings, measuring 32 feet, provide ample vertical space for various uses. Benefitting from low Lake County taxes, this location enjoys excellent access to major transportation arteries. It's approximately 3 miles from the four-way interchange at I-294 and Lake-Cook Road, and roughly 2.5 miles from the I-294/Deerfield Road interchange. All utilities are conveniently located on-site, simplifying development plans. This unique opportunity is ideal for developers seeking a large-scale project in a highly desirable location. The property is zoned for office, industrial, and land uses, offering significant flexibility for future development.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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