Technical
Financial
Distress signals
Property profile

1717 Deerfield Rd Deerfield, IL 60015

FOR LEASE
Office buildings
Property ID
US28-2375193
1,136 SF 5.81 ac lot Built 1985
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

1717 Deerfield Road, Deerfield, IL 60015 presents a significant opportunity for investors and businesses seeking office space in Lake County. This Class B office building, constructed in 1986, offers a total of 147,096 square feet across multiple tenancies. The property sits on a generous 8.91 acres of land and is zoned I-1, providing flexibility for various uses. Currently, there are 11 individual spaces available, ranging in size from 716 square feet to a substantial 47,810 square feet. This allows for businesses of all sizes to find a suitable space, from smaller executive offices to larger traditional office setups. The building's location in Deerfield, Illinois offers convenient access to major transportation routes and amenities. The contiguous office space available ranges from 716 to 99,000 square feet, providing significant scalability options for expanding businesses. This property represents a compelling investment opportunity in a well-established and desirable location. The building's size and flexible space options make it suitable for a variety of tenants and business models. Further details regarding lease terms and pricing are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction BRICK
Total area 1,136 SF
Lot 5.81 ac (253,084 SF)
APN 16-31-200-009
UPID US28-2375193

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Physician
  • Physician
  • Home Health Care Service
  • Accounting Firm Tax Preparation
  • Big Box & Wholesale Store

Location

1717 Deerfield Rd Deerfield, IL 60015
Deerfield metro Census 864802 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2026
5 recorded transactions
2026
Price N/A
2023
Price N/A
2019
$6.1M
2015
$11.1M
2005
$25.1M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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