720 Osterman Ave, Deerfield, IL 60015 Property Records

Lake County property record for 720 Osterman Ave, Deerfield, IL 60015

Property Summary

Property TypeCommercial Vacant Land
Lot Size0.198 acres (8,629 sqft)
OwnerCompany Name on File
Last Sale$3,550,000 (Oct 2024)
Tax Bill$5,725 (2024)
Deeds & MortgagesJul 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN16-33-100-011

Property Details

APN / Parcel Number

Primary APN16-33-100-011

Exterior

Lot Area8,629 sqft (0.198 acres)

Location & Zoning

Street Address720 OSTERMAN AVE
CityDEERFIELD
StateIL
Zip60015-4471
Property CategoryCommercial
Property TypeVacant Land > Commercial
Legal Description(EX E 100FT ) PT DESCDIN 173 D 430 W 1/2 NW 1/4 NW 1/4 SECTI ON 33 TOWNSHIP 43 RANGE 12
Legal Range12
Legal Township43
Legal Section33
Legal SubdivisionPHILEMAN CADWELLS ADD
Legal Lot Number5
JurisdictionLAKE IL
Township / Civil DivisionWEST DEERFIELD
Census Block Group1
Census Block1000
Census Tract864904

Owner

Source: Lake County assessment roll, as of April 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address666 DUNDEE RD, 1701, NORTHBROOK, IL 60062-2738
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 16, 2024 · Amount on Record
Deed SaleOct 16, 2024 · Amount on Record
Prior SaleNov 15, 2016 · Amount on Record
Deed Document Number20248062166
Prior Transfer DateOct 1, 2024
Prior Transfer Doc0008062166
Record UpdatedJun 8, 2026

July 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address720 OSTERMAN AVE, DEERFIELD, IL 60015-4471
Transaction TypeMortgage
Record UpdatedAug 5, 2022
Title CompanyMANT TITLE AGENCY, GMT TITLE AGENCY

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007812997
DateJul 29, 2021
Instrument7812997
Lender
NameLAKE FOREST BANK & TRUST CO NA
TypeBank
AddressLAKE FOREST, IL 60045
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionWest Deerfield Township
MunicipalityDeerfield Village
Elementary School DistrictDeerfield School District 109 (PK - 08)
Secondary School DistrictTownship High School District 113 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$64,904 (+9.24%) Land $64,904$194,731 (+9.24%) Land $194,731
2024$5,725.00 (+14.09%)
2023$5,018.00 (+5.86%)$59,413 (+12.11%) Land $59,413$178,257 (+12.11%) Land $178,257
2022$4,740.00$52,994 Land $52,994$158,998 Land $158,998

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims4 (1981–2010)
Claims Outside the SFHA1 of 4
Most Recent ClaimMay 2010 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemDEERFIELD
serves 19,196 people · EPA ID IL0974340
Water SourcePurchased surface water from HIGHLAND PARK
Last State InspectionOct 2025
Lead5 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting6
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 391 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile USA
Fixed Wireless
100 / 20
AT&T
DSL · Fiber in parts of the area
100 / 20

Nearby Properties on Osterman Ave

Nearby Streets

Search Property Records by Address or Parcel Number