740 Waukegan Rd, Deerfield, IL 60015
For Lease
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This exceptional Class A office and retail space, located at 740 Waukegan Rd, Deerfield, IL 60015, offers 1,350 square feet of versatile space within the Shops at Deerfield Square. Situated in a prime location at the southwest corner of Waukegan Rd. and Deerfield Rd., this property benefits from high traffic counts (22,300 VPD and 24,400 VPD respectively). The space is part of a four-story, 93,792 square foot building constructed in 1999, offering convenient access from both the exterior and an interior atrium. This in-line, first-floor unit is ideal for a variety of uses, including medical or traditional office space. The Shops at Deerfield Square is a mixed-use development in the heart of Downtown Deerfield, surrounded by a vibrant mix of shopping and dining options, including Whole Foods, Walgreens, Chase Bank, and Potbelly. The building features ample parking with 1,000 spaces available, and is zoned B2. Lake County location provides easy access to major transportation routes. This is a rare opportunity to secure a high-profile space in a thriving downtown area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.