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Deerfield, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Deerfield, Virginia Market population: 18K. Compare commercial properties across all major asset classes with...

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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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📊 Avg Property Tax Rate For Deerfield IL Properties: 2.3100%

📊 Average Income For Deerfield IL Commercial Property: $135,881

Investor Questions For Deerfield IL

Common questions from investors exploring commercial real estate in Deerfield IL.

What is the overall investment outlook for Deerfield, IL, considering its demographic and economic indicators? +
Deerfield, IL presents a stable investment market, with a median household income of $135,881, a relatively low poverty rate of 2.6%, and a high health insurance coverage rate of 98.3%, suggesting a strong and stable tenant base. The top industries, including Manufacturing and Finance & Insurance, contribute to the area's economic stability. Additionally, the average commute time of 28.1 minutes and high homeownership rate of 84.6% indicate a desirable quality of life.
How does the ethnic diversity and industry mix in Deerfield impact the demand for real estate investments? +
The ethnic diversity in Deerfield, with a majority of White (48.0%) and White Non-Hispanic (46.2%) populations, and a notable Asian (2.4%) presence, contributes to a culturally rich and potentially diverse rental market. The top industries, including Manufacturing, Finance & Insurance, and Real Estate & Rental & Leasing, drive demand for housing and commercial properties, making it an attractive location for real estate investments. Furthermore, the median property value of $494,000 and median property taxes of $5,848 provide insight into the local real estate market's affordability and potential for appreciation.
What are the implications of Deerfield's commute patterns and health insurance coverage for real estate investors? +
The average commute time of 28.1 minutes in Deerfield, with a mix of drive-alone, work-from-home, and public transit options, suggests a well-connected and convenient location for residents. Combined with the high health insurance coverage rate of 98.3%, this indicates a stable and secure population, which is beneficial for real estate investors seeking reliable tenants. Moreover, the employed population of 8,866 and low poverty rate of 2.6% reinforce the area's economic stability and attractiveness for investment.
How do the poverty rate and income inequality in Deerfield influence the quality of its rental market? +
Deerfield's low poverty rate of 2.6% and moderate income inequality (Gini coefficient of 0.441) suggest a relatively affluent and stable rental market. The median household income of $135,881 further supports this, indicating that tenants are likely to have a strong financial foundation, which can lead to more reliable rent payments and lower vacancy rates. Additionally, the top industries and high employment rate contribute to a robust local economy, making Deerfield an attractive location for real estate investments.
What role do the homeownership rate and median property value play in assessing the potential for real estate investments in Deerfield? +
The high homeownership rate of 84.6% in Deerfield suggests a strong sense of community and stability, which can be beneficial for real estate investors. The median property value of $494,000, combined with the median property taxes of $5,848, provides insight into the local real estate market's affordability and potential for appreciation. Furthermore, the low poverty rate of 2.6% and high health insurance coverage rate of 98.3% reinforce the area's attractiveness for investments, as they indicate a stable and secure population with the means to afford housing and other living expenses.

Deerfield IL Real Estate & City Facts

Key facts and real estate information about Deerfield IL.

What are some of the best neighborhoods to live in Deerfield? +
Some of the best neighborhoods to live in Deerfield include Briarwood Vista, Clavinia, Meadowbrook, Poet's Corner, Brookside, and Colony Point. These neighborhoods offer a range of housing options, from single-family homes to townhouses, and are known for their safety, parks, and playgrounds.
What are some fun things to do in Deerfield? +
There are plenty of fun things to do in Deerfield, including visiting the Brickyards Park, Adat Hatikvah Messianic Synagogue, South Park, and the Deerfield Park District. You can also check out the Deerfield Historic Village, Club Pickle & Padel, and the River's Edge Park. If you're looking for something to do with a teenager, consider visiting the trampoline park, Rockin' Jump, or playing miniature golf at Par-King.
What is the food scene like in Deerfield? +
The food scene in Deerfield is diverse and offers a range of options, from classic American diners like the Cherry Pit Cafe to upscale restaurants like Cadwell's Grille and Carson's Prime Steaks and Famous Barbecue. You can also find great hot dogs at Dear Franks Hot Dog Shop and enjoy a meal at Field House Kitchen + Bar or Rosebud - Deerfield. There are also plenty of great food trucks and casual eateries to choose from.
What are the pros and cons of living in Deerfield? +
The pros of living in Deerfield include its safe and family-friendly neighborhoods, excellent schools, and plenty of parks and recreational activities. However, some cons include the high cost of living, traffic, and limited public transportation options. Additionally, some areas of Deerfield can be quite busy and noisy, especially near the highways and commercial districts.
Is Deerfield a good place to live? +
Overall, Deerfield is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, safe neighborhoods, and plenty of things to do, it's an ideal choice for families and professionals alike. However, it's essential to weigh the pros and cons and consider factors like budget, lifestyle, and personal preferences before making a decision.
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Abbs Valley - High Cap Rate Abbs Valley - High NOI Abbs Valley - Premium Properties Abbs Valley - Affordable Deals Abingdon - High Cap Rate Abingdon - High NOI Abingdon - Premium Properties Abingdon - Affordable Deals Accomac - High Cap Rate Accomac - High NOI Accomac - Premium Properties Accomac - Affordable Deals Adwolf - High Cap Rate Adwolf - High NOI Adwolf - Premium Properties Adwolf - Affordable Deals Afton - High Cap Rate Afton - High NOI Afton - Premium Properties Afton - Affordable Deals Alberta - High Cap Rate Alberta - High NOI Alberta - Premium Properties Alberta - Affordable Deals

Property Types by City

Multifamily - Abbs Valley, VA Apartment Building - Abbs Valley, VA Multifamily (Condo) - Abbs Valley, VA Multifamily - Abingdon, VA Apartment Building - Abingdon, VA Multifamily (Condo) - Abingdon, VA Multifamily - Accomac, VA Apartment Building - Accomac, VA Multifamily (Condo) - Accomac, VA Multifamily - Adwolf, VA Apartment Building - Adwolf, VA Multifamily (Condo) - Adwolf, VA Multifamily - Afton, VA Apartment Building - Afton, VA Multifamily (Condo) - Afton, VA

Deerfield, VA Investment Filters

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High-value commercial real estate over $1M in Deerfield, VA

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Entry-level investment opportunities under $500K in Deerfield, VA

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