401 Lake Cook RdDeerfield, IL 60015

Property Details for 401 Lake Cook Rd

Year built

2006

Lot size

1.10 AC

Property type

Retail properties

Property subtype

Banks

APN

04-04-101-030

APU

404101030

Description

Deerfield Park Plaza, located at 401 Lake Cook Rd, Deerfield, IL 60015, offers exceptional executive office and retail space for lease. This 225,000 square foot property sits on a 15-acre lot and is comprised of a shopping center and executive office spaces. The property currently has 12,800 square feet of vacant space available, divisible into units ranging from a minimum of 600 square feet to a maximum contiguous space of 3,600 square feet. Nine individual spaces are currently available for lease. The property's convenient location in Deerfield, Illinois, provides easy access to major transportation routes and amenities. The building is ideal for businesses seeking flexible and modern office space in a vibrant commercial setting. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a dynamic and collaborative environment. This is a unique opportunity to secure high-quality commercial space in a desirable location. Inquire today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $12,718,150

  6.5%

  $11,739,831

  7%

  $10,901,271

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,258,754

  Geo Method

  $15,727,469

• Alternative Use

  Use

  Valuation

  Residential

  $9,902,986

  Hospitality

  $9,071,082

  Educational

  $7,547,034

  Medical

  $7,806,588

  Retail

  $11,739,831

Location Insight

City

Deerfield

County

Cook

State

Illinois

Latitude

42.1523

Longitude

-87.8385

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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