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    FOR LEASE
    Office buildings

    750 Estate Dr, Deerfield, IL 60015

    25,290 SF 1.86 ac lot Built 2000
    Entity Owned 26-yr Hold ~ Est. High Equity
    Property ID
    US28-1487364
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.54M
    Blend (final) Blend
    $3.20M
    Owner & transaction history
    Ecd-deerpark LLC · 26 yrs held
    Ecd-deerpark LLC
    since 1999
    7 recorded transactions
    2007
    1999
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $4.6M +49.9%
    Auto repair, garage $4.4M +44.4%
    Restaurant $4.3M +41.0%
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    More about this property
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