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Property profile & analytics

111 Deer Lake Rd Deerfield, IL 60015

  • Industrial properties
  • 61,225 SF
  • 5.08 lot acres
Value Estimation
$995,000
Location Intelligence
Property ID
US28-1841686
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 111 Deer Lake Rd

Year built
1987
Construction
BRICK
Lot size
5.08 lot acres
Property size
61,225 SF
Property type
Industrial properties
APN
16-33-303-033
APU
1633303033

Description

This exceptional single-story office building, totaling 60,000 square feet, is situated on a 3-acre lot in Deerfield, Illinois, within the Central North submarket. Constructed in 1988 and renovated in 2001, the Class B property offers a blend of traditional and executive office spaces, perfect for a variety of businesses. The building is comprised of one structure and features multiple tenancy options. Currently, there are several suites available for lease, ranging in size from 4,414 to 7,500 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable office space in a desirable location. The property's location in Lake County, Illinois, zip code 60015, provides easy access to major transportation routes and amenities. The address is 111 Deer Lake Road, Deerfield, IL. This is an excellent opportunity to establish or expand your business in a well-maintained and conveniently located office building. The building's single-story design offers ease of access and efficient workflow. The 2001 renovation ensures modern amenities and functionality. Interested parties are encouraged to inquire about available suite sizes and lease terms.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,035,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,130,000
    6.5%
    $960,000
    7%
    $965,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $945,000
    Geo Method
    $1,120,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $920,000
    Retail
    $855,000
    Mixed-Use
    $1,070,000
    Hospitality
    $1,080,000
    Educational
    $1,110,000
    Residential Income
    $965,000
    Energy
    $815,000
    Income-Based Land
    $1,135,000
    Food Service
    $1,070,000

Location Insight

  • Map
  • Local Demand
City
Deerfield
County
Lake
State
Illinois
Longitude
-87.8442
Latitude
42.1554
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$110,797
$556,133
$792,488
$1,348,621
-
$1,668,566
$2,377,702
$4,046,268
More about this property
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