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    OFF-MARKET
    Commercial real estate

    1329 Waukegan Rd, Deerfield, IL 60015

    2 ac lot
    Property ID
    US28-1474905
    Property summary
    AI-generated overview

    This exceptional 2.1-acre lot in prestigious Deerfield, IL, presents a unique investment opportunity for developers and builders. Located at 1329 Waukegan Rd, this R-1 zoned property offers the potential for subdivision into 2-3 lots, allowing for the construction of large single-family homes. Alternatively, the existing single-family home could be expanded upon, or demolished to create a single, expansive residence. The property's prime location provides easy access to Interstate highways, the Metra station (a 13-minute walk), award-winning schools (Walden Elementary, Shepard Middle School, and Deerfield High School are within walking distance), and the vibrant downtown Deerfield area, including shopping, dining, parks, and a pool. A plat of survey is available, demonstrating the lot's suitability for subdivision, meeting all City of Deerfield requirements using a private cul-de-sac road. This rare offering in an established community represents a truly exceptional opportunity to acquire a substantial lot in a highly desirable location. The asking price is $950,000, and the property is offered fee simple. The APN is 16292000110000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2 ac (87,120 SF)
    APN 16292000110000
    UPID US28-1474905
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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