Entity Owned 
For Lease
1 / 6
Contact for pricing
750 Estate Dr, Deerfield, IL 60015
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Property summary
AI-generated overview
This exceptional single-story office building, totaling 26,367 square feet, presents a fantastic opportunity. Currently, 13,339 square feet of space is immediately available for lease in this well-maintained property located in Lake County's Central North submarket. The building boasts modern, updated common areas and benefits from on-site property management, ensuring seamless operations. Tenants will appreciate the highly adaptable floor plans, allowing for flexible space design to meet diverse business needs. Low common area maintenance (CAM) charges contribute to cost-effectiveness. The property's convenient location offers easy access to I-294 via a nearby interchange, simplifying commutes. Furthermore, its proximity to a Metra train station, restaurants, shopping centers, and hotels enhances its appeal and provides employees with numerous amenities within walking distance. The property sits on 1.86 acres of land and is zoned I-1. The building's efficient design and low Lake County property taxes make this an attractive investment. This is a rare opportunity to secure prime office space in a desirable location with exceptional features. The APN is 16-33-304-020.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
BRICK
Total area
25,290 SF
Lot
1.86 ac (81,022 SF)
APN
16-33-304-020
UPID
US28-1487364
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
-
Vocational School Training Center
-
Business To Business Service
-
Charitable Organization Social Service Agency
-
Employment Agency
-
Business Management Consultant Business Related
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$830k
Owner & transaction history
since 1999
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Commercial (general)
$4.6M
+49.9%
Auto repair, garage
$4.4M
+44.4%
Restaurant
$4.3M
+41.0%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$830k
Value range
$747k – $913k
±10% around blend
Estimated value / SF
$33 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
30
Income certainty
100
$747k
blend $830k
$913k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,290 SF
Lot area
1.86 ac
Year built
2000
APN
16-33-304-020
Assessed value
$799,996
Annual tax
$77,352
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$77,352
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$7.14M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.9 mi away · 30,100 SF
20.9 mi away · 28,100 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$830k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 177 sales
$121
-73%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $33/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+50%
vs current-use indication
Auto Repair, Garage
Restaurant
Retail Stores
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.19M
Move the market yield to see immediate price impact.
Value / SF
$205
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$327k
$6.54M
$4.67M
$3.64M
$364k
$7.27M
$5.19M
$4.04M
$400k
$8.00M
$5.71M
$4.44M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$4.92M
2.5 mi · Oct 2025 · $204/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$77,352
Tax year 2023
Assessed value
$799,996
Assessed 2023
Previous assessed
$816,834
-2.1% YoY
Effective rate
9.67%
On assessed value
Assessed land
$300,825
Assessed improvement
$499,171
Land market value
$902,565
Improvement market value
$1,497,663
Total market value
$2,400,228
Applied tax rate
17,004.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2000
Construction
BRICK
Heating
NONE
Total area
25,290 SF
Lot
1.86 ac (81,022 SF)
APN
16-33-304-020
UPID
US28-1487364
Jurisdiction
LAKE
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
BRICK
Heating
NONE
Lot
1.86 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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