111 Deer Lake Rd Deerfield, IL 60015
- Industrial properties
- 61,225 SF
- 5.08 lot acres
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
-
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