Deerfield, IL Commercial Real Estate for Lease and Sale

Explore 39 listings of Deerfield commercial real estate to find the best space for your business.

Six Parkway North

6 Parkway Blvd N, Deerfield, IL
Property

Office
Availability

1 Space

4,070 SF
Year Built

1998
For Lease Contact for pricing
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1020 North Milwaukee Avenue

1020 North Milwaukee Avenue, Riverwoods, Deerfield, IL
Property

Office

64,858 SF
Availability

6 Spaces

5,913 SF
Year Built

1987
For Lease

$23.00/SF/YR
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Deerfield
Brick & Mortar
807 Waukegan Road, Deerfield, IL
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Privacy booths

Receptionist/Secretarial services

Standing desks

TV/Monitor

White boards
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Corporate 500 Center - Phase I

510 Lake Cook Road, Deerfield, IL
Property

Office

159,420 SF
Availability

3 Spaces

115,998 SF
Year Built

1986
For Lease Contact for pricing
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Office Coworking Retail

Office Industrial Land
400 Lake Cook Road

400 Lake Cook Road, Deerfield, IL
Property

Office

34,765 SF
Availability

10 Spaces

10,416 SF
Year Built

1971
For Lease

$13.75 - $16.25/SF/YR
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2801 Lakeside Drive

2801 Lakeside Drive, Bannockburn, IL
Property

Office

98,680 SF
Availability

1 Space

5,091 SF
Year Built

1984
For Lease

$19.00/SF/YR
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Waukegan Road & Half Day Road

Waukegan Road & Half Day Road, Bannockburn, IL
Property

Retail
Availability

3 Spaces

13,250 SF
For Lease Contact for pricing
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Bannockburn Lake Office Plaza II

2345 Waukegan Road, Bannockburn, IL
Property

Office

104,214 SF
Availability

1 Space

36,358 SF
Year Built

1983
For Lease Contact for pricing
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Bannockburn Atrium

2275 Half Day Road, Bannockburn, IL
Property

Office

127,300 SF
Availability

7 Spaces

45,266 SF
Year Built

1978
For Lease Contact for pricing
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747 Lake Cook Rd, Deerfield, IL

747 Lake Cook Rd, Cook County, IL
Property

Office

17,276 SF
Availability

4 Spaces

3,543 SF
For Lease

$16.25/SF/YR
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Deerbrook

SWC Lake Cook Road & Waukegan Road, Deerfield, IL
Property

Retail

626,617 SF
Availability

6 Spaces

99,292 SF
For Lease Contact for pricing
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111 South Pfingsten Road

111 South Pfingsten Road, Deerfield, IL
Property

Office

120,927 SF
Availability

4 Spaces

44,763 SF
Year Built

1987
For Lease

$28.00 - $31.00/SF/YR
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4 Parkway North

4 Parkway North, Deerfield, IL
Property

Office

188,987 SF
Availability

5 Spaces

95,237 SF
Year Built

1998
For Lease

$27.00/SF/YR
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Venture X Chicago - Deerfield
Venture X
570 Lake Cook Road Suite 300, Deerfield, IL
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Mail services

Notary/Legal services

TV/Monitor

Window view
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Three Parkway North Center

3 Parkway North, Deerfield, IL
Property

Office

255,407 SF
Availability

1 Space

26,193 SF
Year Built

1989
For Lease Contact for pricing
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Deer Park Business Centre

750 Estate Drive, Deerfield, IL
Property

Office

26,367 SF
Availability

1 Space

13,339 SF
Year Built

1999
For Lease

$15.50/SF/YR
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111 South Pfingsten Road

111 South Pfingsten Road, Deerfield, IL
Property

Office

120,927 SF
Availability

6 Spaces

46,887 SF
Year Built

1987
For Lease

$28.00 - $29.00/SF/YR
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Bannockburn Corporate Center

3000 Lakeside Drive, Bannockburn, IL
Property

Office

209,225 SF
Availability

6 Spaces

93,491 SF
Year Built

1999
For Lease Contact for pricing
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Corporate 500 Center

540 Lake Cook Road, Deerfield, IL
Property

Office

182,500 SF
Availability

4 Spaces

91,456 SF
Year Built

1990
For Lease Contact for pricing
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ArborLake

1751 Lake Cook Rd, Deerfield, IL
Property

Office
Availability

1 Space

53,859 SF
Year Built

1986
For Lease Contact for pricing
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155 North Pfingsten Road

155 North Pfingsten Road, Deerfield, IL
Property

Office

119,265 SF
Availability

1 Space

16,653 SF
Year Built

1987
For Lease

$17.50/SF/YR
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1888-1898 1st Ave, Highland Park, IL

1888-1898 1st Ave, Bannockburn, Highland Park, IL
Property

Retail

25,468 SF
Availability

1 Space

1,593 SF
Year Built

1988
For Lease

$18.00/SF/YR
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Bannockburn Green

2501-2585 Waukegan Rd, Bannockburn, IL
Property

Retail

160,114 SF
Availability

14 Spaces

22,245 SF
Year Built

1985
For Lease Contact for pricing
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400 Lake Cook Road

400 Lake Cook Road, Deerfield, IL
Property

Office

37,472 SF
Availability

14 Spaces

14,341 SF
Year Built

1971
For Lease

$15.50/SF/YR
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570 Lake Cook

570 Lake Cook Road, Deerfield, IL
Property

Office

137,492 SF
Availability

3 Spaces

7,583 SF
Year Built

1984
For Lease Contact for pricing
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790 Estate Drive
Signature Offices
790 Estate Drive #200, Deerfield, IL
Services

Meeting Room

Private Office
Amenities

Bar

Beer

Business address

Directory listing

High-speed wifi

Kitchen

Lounge area

Mail services

Office furniture

Parking
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Three Parkway North

3 Parkway Blvd N Deerfield 60015 USA, Deerfield, IL
Property

Office
Availability

1 Space

15,127 SF
Year Built

1997
For Lease Contact for pricing
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Rare - Large Site Development Opportunity

2700 Lake Cook Rd, Riverwoods, IL
Property

Office

196,000 SF
For Sale Contact for pricing
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Nine Parkway North

9 Parkway Blvd N Deerfield 60015 USA, Deerfield, IL
Property

Office
Availability

1 Space

19,249 SF
Year Built

2002
For Lease Contact for pricing
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Ten Parkway Boulevard North

10 Parkway N, Deerfield, IL
Property

Office
Availability

1 Space

49,194 SF
Year Built

2000
For Lease Contact for pricing
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Milwaukee Ave & Deerfield Rd Building #2

Milwaukee Ave & Deerfield Rd, Riverwoods, IL
Property

Industrial

320,000 SF
For Sale Contact for pricing
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Ten Parkway Boulevard North

10 Parkway N, Deerfield, IL
Property

Office

49,194 SF
Year Built

2000
For Sale Contact for pricing
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8 N Pkwy Blvd

8 N Pkwy Blvd , Deerfield, IL
Property

Office

250,000 SF
Availability

5 Spaces

250,000 SF
For Lease Contact for pricing
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Deerfield Professional Center

720 Osterman Avenue, Deerfield, IL
Property

Office

5,029 SF
Availability

3 Spaces

5,029 SF
For Lease Contact for pricing
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Milwaukee Ave. & Deerfield Rd Building #1

Milwaukee Ave. & Deerfield Rd, Riverwoods, IL
Property

Industrial

220,000 SF
For Sale Contact for pricing
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1500 S Lakeside Dr

1500 S Lakeside Dr , Bannockburn, IL
Property

Office

42,506 SF
Availability

2 Spaces

42,506 SF
For Lease Contact for pricing
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Buffalo Grove Crossing

800 North Milwaukee Avenue, Riverwoods, Buffalo Grove, IL
Property

Retail
Availability

1 Space

1,258 SF
For Lease Contact for pricing
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The Shops at Deerfield Square

740 Waukegan Road, Deerfield, IL
Property

Retail

260,000 SF
Availability

1 Space

2,210 SF
Year Built

2001
For Lease Contact for pricing
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111 Deer Lake Road

111 Deer Lake Road, Deerfield, IL
Property

Office

60,000 SF
Availability

3 Spaces

18,450 SF
Year Built

1988
For Lease

$15.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Deerfield commercial real estate market incorporates 2,596,742 square feet of office space across 31 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Deerfield commercial real estate market includes 1,082,482 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Deerfield market, there is a total of 540,000 square feet of industrial property.

The listing inventory in Deerfield incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Deerfield is represented by Office space, which accounts for 1,259,369 square feet of available listings. Retail space available in Deerfield adds up to 148,873 square feet.

Meanwhile, most of the listings of commercial property for sale in Deerfield are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Deerfield is $16.05 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Deerfield can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Deerfield, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19.25 per square foot. In particular, the property type commanding the highest lease rates in Deerfield was Office space.

Conversely, the highest sale price last year was $4,700,000 that is located at 1101 Lake Cook Road.

The average size of a commercial property in Deerfield depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Deerfield, the average size of an office property is 112,902 square feet.
Retail properties here incorporate an average of 180,414 square feet.
Industrial space in Deerfield is in buildings that are, on average 270,000 square feet in size.

Deerfield, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Deerfield currently add up to 1,402,988 square feet. The market offers 29 active office listing(s), which amount to 1,264,398 square feet and account for 85% of commercial spaces on the market. Local retail availability includes 138,590 square feet across 5 retail space(s).

Property Type	Count of Listings	Total SF
Office	29	1,264,398
Retail	5	138,590

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Deerfield, IL. Currently, there is 841,926 square feet of commercial property for sale here , which includes 3 office building(s) for sale , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	301,926
Industrial	2	540,000

Deerfield, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Deerfield, IL?

What factors affect the price of commercial real estate in Deerfield, IL?

What is the average rent for commercial space in Deerfield, IL?

What are the best areas for commercial real estate in Deerfield, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Deerfield, IL?

Deerfield, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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