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    Property profile & analytics

    40 Waukegan Rd Deerfield, IL 60015-4902

    • Banks
    • 2,636 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2517874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 40 Waukegan Rd

    Year built
    1979
    Construction
    BRICK
    Lot size
    0.51 lot acres
    Property size
    2,636 SF
    Property type
    Banks
    APN
    16-33-400-018
    APU
    1633400018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield
    County
    Lake
    State
    Illinois
    Longitude
    -87.8365
    Latitude
    42.1535
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,685
    $114,013
    $94,779
    $208,792
    -
    $342,073
    $284,365
    $626,438

    Comparable in this City

    • Value Estimation
      $4,665,000
      5,982 SF

      2595 Waukegan Rd

      FINANCIAL BUILDING • 5,982 SF
      2595 Waukegan Rd, Bannockburn, IL 60015-1569
      View Details
    • Value Estimation by Request
      5,998 SF

      2175 Deerfield Rd

      FINANCIAL BUILDING • 5,998 SF
      2175 Deerfield Rd, Riverwoods, IL 60015-2503
      View Details
    • Value Estimation by Request
      4,428 SF

      630 Waukegan Rd

      FINANCIAL BUILDING • 4,428 SF
      630 Waukegan Rd, Deerfield, IL 60015-4325
      View Details
    • Value Estimation
      $460,000
      6,019 SF

      770 Waukegan Rd

      FINANCIAL BUILDING • 6,019 SF
      770 Waukegan Rd, Deerfield, IL 60015-4305
      View Details
    • Value Estimation
      $420,000
      17,508 SF

      725 Waukegan Rd

      FINANCIAL BUILDING • 17,508 SF
      725 Waukegan Rd, Deerfield, IL 60015-4326
      View Details
    • Value Estimation
      $820,000
      23,160 SF

      700 Deerfield Rd

      FINANCIAL BUILDING • 23,160 SF
      700 Deerfield Rd, Deerfield, IL 60015-3218
      View Details

    Similar Nearby for Sale

    • $3,150,000

      Retail Building in Deerfield, Illinois

      Retail building for sale, leased to a national tenant.
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    • Contact for pricing
      428 SF

      Jewel-Osco Anchored Shopping Center

      Retail property in affluent North Shore community with value-add opportunities.
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      4,586 SF

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      4,586 SF restaurant building with drive-thru near Metra station.
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    • $300,000

      Fully Equipped Restaurant on Milwaukee Avenue

      Turn-key Korean BBQ restaurant with high visibility and accessibility.
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      38 SF

      38 Acres Land For Development

      38-acre land site for development in Lake County, Illinois.
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    • $1,700,000
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      Riverwoods Medical Center - For Sale

      Class A medical building, prime location.
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    Similar Nearby for Lease

    • Contact for pricing
      2,590 SF

      Retail Space on Waukegan Road

      High-visibility retail space in affluent North Shore market.
      190 South Waukegan Rd, Deerfield, IL 60015
      View Details
    • Contact for pricing
      850 SF

      Retail Space in Deerfield Center

      Retail space available within established Deerfield shopping center.
      401-495 Lake Cook Rd, Deerfield, IL 60015
      View Details
    • Contact for pricing
      1,258 SF

      Retail Space on Milwaukee Avenue

      Retail space with high visibility and pylon signage available.
      800-812 Milwaukee Ave, Deerfield, IL 60015
      View Details
    • Contact for pricing
      125,000 SF

      Deerfield Shopping Center Sublease Opportunity

      7,500 SF space available for sublease in Deerfield, Illinois.
      405 Lake Cook Rd, Deerfield, IL 60015
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    • Contact for pricing
      2,400 SF

      Retail Space on Milwaukee Avenue

      Retail spaces available with high traffic and multiple access.
      20502-20630 Milwaukee Ave, Deerfield, IL 60015
      View Details
    • $19 SF/Yr
      137,492 SF

      Deerfield Executive Office Suites

      Lake Cook Rd Office Space Available
      570 Lake Cook Rd, Deerfield, IL 60015
      View Details
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    40 Waukegan Rd
    Deerfield, IL 60015-4902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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