Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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