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21660 W Field Pky - Offices at Deer Park Town Center I 54,000 SF Office Condo Unit in Deer Park, IL 60010



INVESTMENT HIGHLIGHTS
- 3 acre vacant land site included in sale for future development
- High-end interior build-out and finishes with office and medical mix
- Ample parking with a 5.5 parking ratio
- In close proximity to a major high-end suburban retail corridor on Rand Rd.
- Attractive and favorable demographics
- Full and majority of building out less than 5 years of age
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY Sale Price: Subject to Offer Transwestern Commercial Services exclusively presents the commercial real estate for sale offering for the property located at 21660 W. Field Pkwy, Deer Park, Illinois. The subject property for sale is a 54,000 square foot condominium ownership interest, 3-story, Class A suburban office building located on a primary site of 4.96 acres. Also included in the sale is an adjacent and graded 3.02 acre land site to the immediate northeast. The property was originally developed in 2010 as a condominium office project and the entire building is 58,000 square feet. Approximately two other condominium owners own 4,000 square feet and less than 7% condominium interest, and these units are not included in the sale. Approximately 54,000 square feet and 93% ownership interest are included in the sale. Of the 54,000 Square feet included in the sale, approximately 49,000 square feet are currently occupied by entities affiliated with the current ownership that will vacate at sale; there is one 3rd party tenant occupying 4,900 square feet that will remain. PROPERTY SUMMARY 21660 W Field Parkway is a beautiful Class A building located in a premier suburban location. The building’s interior is 100% built-out, with modern, creative features including high quality interior design and furnishings, accent lighting, open ceilings, nicely designed natural light penetrations, glass wall partitions, and several common area cooperative and collaborative social areas and amenities, including work-out rooms, a gym, and lockers. Most of the 1st floor is built-out as modern, collaborative office space with the workout and gym facilities, while the 2nd and 3rd floors are built-out as modern and innovative medical office space. The zoning is PD-Planned Unit Development (PUD). Any future development project on the vacant land site will require formal village planning and zoning approvals and update to the PUD. LOCATION OVERVIEW The Village of Deer Park sits in Chicago’s northwest suburban arc, spanning Lake and Cook counties about 37 miles from downtown, giving residents a small-village feel within the metro area. Positioned east of Barrington and south of Lake Zurich, with Kildeer and North Barrington nearby, Deer Park occupies a pocket of low-density neighborhoods and open land that the community has long worked to preserve. Everyday access revolves around the Rand Road (US-12) corridor, with the open-air Deer Park Town Center at Rand & Long Grove Roads functioning as the retail and dining hub for surrounding suburbs. Regional connectivity is straightforward: commuters use nearby Metra stations in Barrington and Palatine for rail service to the city, while major arterials along Lake-Cook Road tie Deer Park to job centers across northern Cook and southern Lake Counties. A signature geographic advantage is adjacency to the Cuba Marsh Forest Preserve—nearly 800 acres of marsh, prairie, and oak savanna with multi-use trails—plus additional recreation just south at Deer Grove Forest Preserve, anchoring the village’s outdoor lifestyle and reinforcing its conservation ethos. Deer Park offers a compact residential base, strong open-space assets, and a destination retail district—an appealing blend of quiet neighborhoods and regional amenities within greater Chicagoland. DEER PARK, ILLINOIS INVESTMENT This real estate investment offers either an owner occupant or investment opportunity for continued use as office, institutional, or health care and medical. The vacant land site is well positioned for future development categories such as residential town homes, condominium, multifamily, or another freestanding commer
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Fitness Center
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
1 UNIT AVAILABLE
Unit 1
| Unit Size | 54,000 SF | No. Parking Spaces | 320 |
| Condo Use | Office | Sale Conditions | Lease Option |
| Sale Type | Investment or Owner User | APN/Parcel ID | 14-34-301-069 |
| Unit Size | 54,000 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 320 |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 14-34-301-069 |
DESCRIPTION
21660 W Field Parkway is a beautiful Class A building located in a premier suburban location.
The 93% condominium interest includes 54,000 rentable square feet out of 58,000 total building square feet. Of the 54,000 Square feet included in the sale, approximately 49,000 square feet are currently occupied by entities affiliated with the current ownership that will vacate at sale; there is one 3rd party tenant occupying 4,900 square feet that will remain. There are two more condominium owners that will also remain in the building whose combined square footage totals approximately 4,000 square feet and those condominium interests are not included in this sale offering.
The building’s interior is 100% built-out, with modern, creative features including high quality interior design and furnishings, accent lighting, open ceilings, nicely designed natural light penetrations, glass wall partitions, and several common area cooperative and collaborative social areas and amenities, including work-out rooms, a gym, and lockers.
Most of the 1st floor is built-out as modern, collaborative office space with the workout and gym facilities, while the 2nd and 3rd floors are built-out as modern and innovative medical office space.
The zoning is PD-Planned Unit Development (PUD). Any future development project on the vacant land site will require formal village planning and zoning approvals and update to the PUD.
SALE NOTES
Sales Price subject to offer.
Transwestern Commercial Services exclusively presents the commercial real estate for sale offering for the property located at 21660 W. Field Pkwy, Deer Park, Illinois. The subject property for sale is a 54,000 square foot condominium ownership interest, 3-story, Class A suburban office building located on a primary site of 4.96 acres. Also included in the sale is an adjacent and graded 3.02 acre land site to the immediate northeast.
The 93% condominium interest includes 54,000 rentable square feet out of 58,000 total building square feet. Of the 54,000 Square feet included in the sale, approximately 49,000 square feet are currently occupied by entities affiliated with the current ownership that will vacate at sale; there is one 3rd party tenant occupying 4,900 square feet that will remain. There are two more condominium owners that will also remain in the building whose combined square footage totals approximately 4,000 square feet and those condominium interests are not included in this sale offering.
21660 W Field Parkway is a beautiful Class A building located in a premier suburban location.
The building’s interior is 100% built-out, with modern, creative features including high quality interior design and furnishings, accent lighting, open ceilings, nicely designed natural light penetrations, glass wall partitions, and several common area cooperative and collaborative social areas and amenities, including work-out rooms, a gym, and lockers.
Most of the 1st floor is built-out as modern, collaborative office space with the workout and gym facilities, while the 2nd and 3rd floors are built-out as modern and innovative medical office space.
The zoning is PD-Planned Unit Development (PUD). Any future development project on the vacant land site will require formal village planning and zoning approvals and update to the PUD.
This real estate investment offers either an owner occupant or investment opportunity for continued use as office, institutional, or health care and medical. The vacant land site is well positioned for future development categories such as residential town homes, condominium, multifamily, or another freestanding commercial use compatible to the area.
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21660 W Field Pky - Offices at Deer Park Town Center I
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