111 Pfingsten Rd, Deerfield, IL 60015-5616
Deerfield Centre, a Class A, four-story office building (124,210 square feet) in Deerfield, IL, offers multiple tenancy options. Built in 1990 and renovated in 2023, this property boasts 31,829 square feet of immediately available space, with a maximum contiguous space of 31,829 square feet. The building features 496 parking spaces, including indoor executive heated parking with EV charging stations, four elevators, and on-site management and maintenance. Located at 111 Pfingsten Rd, Deerfield, IL 60015, it sits on a 6.2-acre lot and is zoned commercial. Its prime location offers easy access to I-94 (Edens Spur) and Waukegan Road (Rt 43), and is a short walk from the Lake Cook Metra Train Station, providing convenient access to Chicago's Union Station. The area offers abundant amenities, including numerous restaurants, hotels (Marriott Chicago across the street), and the Deerbrook Shopping Center. The property benefits from high visibility, with over 51,000 vehicles passing daily on Pfingsten and Lake Cook Roads, and nearly 54,000 VPD along I-94. The surrounding area boasts a strong demographic profile, with a population of 177,162 within a 5-mile radius, 66,559 households, and an average household income of $151,599. Pace Bus Route 626 also serves the property. The building caters to various office needs, including medical, traditional, executive, and creative office spaces.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.