1101 Lake Cook Rd
Deerfield, IL 60015
Deerfield Business Center · Office Property For Sale
![1101 Lake Cook Rd, Deerfield, IL for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/DaNbQBt-biMi-JRvUqxGHBPKKi53Mqg--0TG70cdG2w/110/1101-Lake-Cook-Rd-Deerfield-IL-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- The 1101 building is being offered for sale to an owner-user (total of 21,138 SF)
- Outstanding location on Lake Cook Road with convenient access to the Tri-state and Edens
- Affluent community and highly-educated workforce
- Professionally managed center along with an association for the entire Deerfield Business Center
- The single-story design benefits your employees' safety and well-being
- Monument and building signage available facing Lake Cook Road with traffic counts of 34,700 vehicles per day
PROPERTY FACTS
ABOUT 1101 LAKE COOK RD , DEERFIELD, IL 60015
Deerfield Business Center, 1101-1121 Lake Cook Road, Deerfield, Illinois, is comprised of two single-story, multi-tenant office buildings. The 1101 Building is 21,138 square feet and is ideal for an owner/user with 18,139 square feet available immediately and the balance available within one year. This building also offers signage rights visible to Lake Cook Road. The 1121 Building is 20,957 square feet and is a great investor opportunity with 64.6% occupancy to seven long-standing tenants ranging from 832 to 3,141 square feet. There is upside potential in leasing the remaining three vacant units. Rent collections have been maintained despite the COVID-19 pandemic, which highlights the quality of the tenancy, good ownership practices, and the resiliency of single-story office product. The buildings sit on 4.65 acres and would make an excellent multi-family or senior housing redevelopment.
LINKS
PROPERTY TAXES
Parcel Number | 04-05-200-018-0000 | Improvements Assessment | $209,409 |
Land Assessment | $368,100 | Total Assessment | $577,509 |
Listing ID: 17986595
Date on Market: 12/17/2019
Last Updated:
Address: 1101 Lake Cook Rd, Deerfield, IL 60015
The Office Property at 1101 Lake Cook Rd, Deerfield, IL 60015 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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