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21638 W Field Pky - Deer Park land for development 3 Acres of Residential Land in Deer Park, IL 60010
Investment Highlights
- residential or commercial possibilities with Village approvals
- safe and high-profile location
- multifamily, medical, general freestanding, healthcare
- all utilities to site and access to existing offsite stormwater retention pond
- Platted and graded lot with frontage curbs with curb cut access points complete
- Location within minutes of major suburban retail corridor on Rand Road (US 12)
Executive Summary
SALE PRICE SUBJECT TO OFFER. This land parcel is zoned PD-- Planned Unit Development and is located in the Village of Deer Park, Lake County, Illinois.
Recent conceptual plans completed for a 31 unit, 4-story, and 8 building luxury townhome development.
All future development is subject to planning and zoning approvals.
This is a high profile land site and location, in a business and green area park setting, with close proximity to residential, office, and retail uses.
Recent conceptual plans completed for a 31 unit, 4-story, and 8 building luxury townhome development.
All future development is subject to planning and zoning approvals.
This is a high profile land site and location, in a business and green area park setting, with close proximity to residential, office, and retail uses.
Data Room Click Here to Access
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 3.00 AC |
| Zoning | PD - Planned Unit Devlopment | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 3.00 AC |
| Zoning | PD - Planned Unit Devlopment |
1 Lot Available
Lot 1
| Lot Size | 3.00 AC |
| Lot Size | 3.00 AC |
This is a graded lot with frontage curbs with curb cut access points complete. All utilities are at the site. Residential or commercial uses are possible with Village planning and zonning approval.
Description
Excellent opportunity for a 3 acre development site for residential or general freestanding commercial uses. This land site is immediately adjacent to an office building, movie cinema, green and recreational park areas, and a major high-end retail multitenant shopping center and suburban retail corridor. All future use and development will be subject to the Village of Deer Park's planning and zoning approvals.
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-34-301-063 | Total Assessment | $507,376 (2025) |
| Land Assessment | $507,376 (2025) | Annual Taxes | ($1) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
14-34-301-063
Land Assessment
$507,376 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$507,376 (2025)
Annual Taxes
($1)
Tax Year
2026
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