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    Property profile & analytics
    OFF-MARKET Estimated value $7,080,000
    Retail space

    775 Waukegan Rd, Deerfield, IL 60015-4342

    45,091 SF 1.81 ac lot Built 2001
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-4920376
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located within Deerfield Village Centre, a vibrant mixed-use development in downtown Deerfield, Illinois. The property boasts a prime location at 775 Waukegan Rd, at the southeast corner of Waukegan Road and Deerfield Road, benefiting from high traffic counts of 22,300 and 24,400 vehicles per day, respectively. This 2,733 square foot in-line retail space offers excellent visibility and direct exposure on Waukegan Road. The space is part of a larger 45,091 square foot retail building, constructed in 2000, and features a two-story design. The building is zoned C-1 and is situated within a thriving downtown area, offering a diverse range of shopping and dining options. The Deerfield Village Centre also includes 20,000 square feet of office space and 56 luxury apartments, creating a bustling and attractive environment for businesses. This space is ideal for a variety of retail uses and is ready for immediate occupancy. Join established tenants such as Sweetgreen, Starbucks, Chipotle, Pet People, and Leather Creations. The minimum divisible space is 2,733 square feet, and the maximum contiguous space available is also 2,733 square feet. The zip code is 60015.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2001
    Construction BRICK
    Total area 45,091 SF
    Lot 1.81 ac (78,931 SF)
    APN 16-33-102-125
    UPID US28-4920376
    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
    $7.10M
    Comparable Approach Comparable
    $9.82M
    Blend (final) Blend
    $7.08M
    Owner & transaction history
    Deerfield Vc-i LLC · 7 yrs held
    Deerfield Vc-i LLC
    since 2019
    2 recorded transactions
    2019
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $8.2M +42.7%
    Auto repair, garage $7.9M +37.4%
    Restaurant $7.7M +34.1%
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