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    OFF-MARKET
    Office Spaces

    0 Milwaukee Ave & Deerfield Rd, Riverwoods, IL 60015

    220,000 SF 37.32 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office Spaces
    Total area 220,000 SF
    Lot 37.32 ac (1,625,659 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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