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Walgreens Corporate HQ

6 Office Properties in Deerfield, IL

Investment Highlights

  • Extremely rare Deerfield infill land site with excellent visibility, access, and traffic counts.
  • Full, lighted access into the site .
  • Infill location will make the property desirable for a variety of uses, including Retail, Corporate Campus, Entertainment, Multi-Family.

Executive Summary

This Walgreens Campus offering represents a rare opportunity to acquire a massive 37.5-acrecredevelopment site, in the highly coveted North Shore suburbs of Chicago. With incredibly high barriers to entry for large development sites in the North Shore, this is a once in a lifetime opportunity to acquire a blank canvass property with a wide assortment of viable future uses. 1411-1435 Lake Cook Road, Deerfield, IL has operated as a large portion of the Walgreens HQ campus for decades. On top of the 37.5- acre footprint currently lies roughly 575,000 SF of midrise, Class B offices and surface parking. Although the property is vacant, Walgreens is still paying rent per their lease term until August 2023. The property is highly visible and highly accessible being located along the major Lake Cook Rd thoroughfare, and less than one mile east of two major interstates: I-94 and I-294. The visibility and accessibility create significant demand generators for an array of redevelopment uses. In addition, Deerfield, only 25 miles from downtown Chicago, is a highly affluent and established community

Property Facts

Sale Type Investment
Status Under Contract
Number of Properties 6
Individually For Sale 0
Total Building Size 587,761 SF
Total Land Area 38.45 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1417 Lake Cook Rd, Deerfield, IL 60015 Office 105,226 SF 1984 -
1419 Lake Cook Rd, Deerfield, IL 60015 Office 105,402 SF 1984 -
1415 Lake Cook Rd, Deerfield, IL 60015 Office 109,847 SF 1984 -
1411 Lake Cook Rd, Deerfield, IL 60015 Office 105,486 SF 1984 -
1425 Lake Cook Rd, Deerfield, IL 60015 Office 79,800 SF 1976 -
1435 Lake Cook Rd, Deerfield, IL 60015 Office 82,000 SF 1976 -
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  • Listing ID: 26510817

  • Date on Market: 8/29/2022

  • Last Updated:

  • Address: Walgreens Corporate HQ, Deerfield, IL

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