570 Lake Cook RdDeerfield, IL 60015

Property Details for 570 Lake Cook Rd

Year built

1984

Construction

BRICK

Lot size

7.18 AC

Property type

Office properties

Property subtype

Office buildings

APN

16-33-303-042

APU

1633303042

Description

This exceptional Deerfield, IL executive office building, located at 570 Lake Cook Rd, offers multiple suites for lease in a prime location. The 137,492 square foot Class B building, constructed in 1984, sits on a 7.24-acre lot and boasts a variety of amenities. Currently, there are 8,795 square feet of vacant space available, divisible into units ranging from 646 to 4,986 contiguous square feet. The building features a total of five suites, making it ideal for businesses of various sizes. Modernizations include newly renovated elevators and common areas, enhancing the overall tenant experience. For businesses seeking prominent visibility, monument and building top signage opportunities are available. The property also includes a convenient heated underground parking facility. The building's top floor houses state-of-the-art conference facilities, providing a professional and collaborative environment for tenants. This property presents a unique opportunity to establish a presence in a thriving Deerfield business community, with easy access to major transportation routes. The property is zoned for retail, office, and restaurant uses. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $56,472,712

  6.5%

  $52,128,656

  7%

  $48,405,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,752,492

  Geo Method

  $40,737,120

• Alternative Use

  Use

  Valuation

  Residential

  $64,639,532

  Hospitality

  $59,209,464

  Educational

  $49,261,580

  Medical

  $50,955,760

  Retail

  $76,629,128

Location Insight

City

Deerfield

County

Lake

State

Illinois

Latitude

42.1538

Longitude

-87.8434

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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