Property profile

1329 Waukegan Rd Deerfield, IL 60015

OFF-MARKET
Land
Property ID
US28-1474905
2 ac lot
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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 Land
Lot 2 ac (87,120 SF)
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

Location

1329 Waukegan Rd Deerfield, IL 60015
Deerfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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