400 Lake Cook RdDeerfield, IL 60015

  • Office properties
  • 37,472 SF
For Lease
$13.75/SF/YR View listing

Property Details for 400 Lake Cook Rd

Year built
1973
Construction
BRICK
Lot size
1.74 AC
Property size (Sq ft)
37,472 SF
Property type
Office properties
Property subtype
Office buildings
APN
16-33-400-011
APU
1633400011

Description

The 400 Center, located at 400 Lake Cook Road in Deerfield, Illinois (zip code 60015), offers a diverse range of office spaces for lease. This Class B building, totaling 34,765 square feet, sits on a 5-acre lot and features a two-story structure built in 1975, extensively renovated in 2016. The property is zoned for commercial use and includes convenient amenities such as elevators and ample parking. Suites range from 367 to 2,111 square feet, catering to various business needs. The building accommodates multiple tenants. Its strategic location offers excellent accessibility. The Metra train station (Milwaukee District North Line) is directly across the street, providing convenient access to Union Station. Pace Bus route 626 also serves the property, connecting Skokie and Lincolnshire. Major roadways are nearby, with the Tri-State Tollway (I-294) 1.4 miles west and the Edens Expressway (Route 41) 2.3 miles east. This versatile property is suitable for executive, creative, traditional, and medical office uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,766,014
    6.5%
    $6,245,552
    7%
    $5,799,441
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,804,277
    Geo Method
    $4,880,728
  • Alternative Use

    Use
    Valuation
    Residential
    $7,744,484
    Hospitality
    $7,093,906
    Educational
    $5,902,046
    Medical
    $6,105,027
    Retail
    $9,180,961
400 Lake Cook Rd, Deerfield, Illinois

Location Insight

City
Deerfield
County
Lake
State
Illinois
Latitude
42.1535
Longitude
-87.8379
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$50,327
$348,341
$702,856
$1,051,197
-
$1,045,128
$2,108,779
$3,153,907

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].