111 Deer Lake Rd Deerfield, IL 60015
Property profile & analytics
111 Deer Lake Rd Deerfield, IL 60015
- Industrial properties
- 61,225 SF
- 5.08 lot acres
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.
Location Intelligence
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 Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,395,000
- 6.5%
- $4,055,000
- 7%
- $3,765,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,355,000
- AI Estimate
- $5,632,000
Market price range: $3.85M - $6.45MMarket price range: $1.91M - $8.75M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $4,735,000 Current use
- RETAIL STORES
- $7,790,000 Change: +65% Conversion: Moderate
- OFFICE BUILDING
- $7,410,000 Change: +57% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $6,855,000 Change: +45% Conversion: Difficult
- WAREHOUSE, STORAGE
- $5,180,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
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
