Lake County property record for 724 Osterman Ave, Deerfield, IL 60015
| Property Type | Commercial Vacant Land |
|---|---|
| Lot Size | 0.196 acres (8,551 sqft) |
| Owner | Company Name on File |
| Last Sale | $3,550,000 (Oct 2024) |
| Tax Bill | $5,672 (2024) |
| Deeds & Mortgages | Jul 2021 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 16-33-100-010 |
| Primary APN | 16-33-100-010 |
|---|
| Lot Area | 8,551 sqft (0.196 acres) |
|---|
| Street Address | 724 OSTERMAN AVE |
|---|---|
| City | DEERFIELD |
| State | IL |
| Zip | 60015-4315 |
| Property Category | Commercial |
| Property Type | Vacant Land > Commercial |
| Legal Description | BEG ON N LN OSTERMAN AVE 456.15 FT W FROMINTERSN W LN LINCOL N AVE & N LN OSTERMAN AVE TH W 50 FT TH N 172.8 FT TH ELY 50 FT TH S 170.2 FT TO POB PT NW1/4 SECTION 33 TOWNSHIP 43 RAN |
| Legal Range | 12E |
| Legal Township | 43N |
| Legal Section | 33 |
| Legal Subdivision | PT NW |
| Legal Block | 1 |
| Legal Lot Number | 5 |
| Jurisdiction | LAKE IL |
| Township / Civil Division | WEST DEERFIELD |
| Census Block Group | 1 |
| Census Block | 1000 |
| Census Tract | 864904 |
724 Osterman Ave, commercial vacant land, is owned by a company that bought it in October 2024.
Source: Lake County records, as of April 29, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 666 DUNDEE RD, 1701, NORTHBROOK, IL 60062-2738 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 16, 2024 · Amount on File |
| Deed Sale | Oct 16, 2024 · Amount on File |
| Prior Sale | Nov 15, 2016 · Amount on File |
| Deed Document Number | 20248062166 |
| Prior Transfer Date | Dec 17, 1998 |
| Prior Transfer Doc | 0004284863 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE IL |
| Property Address | 724 OSTERMAN AVE, DEERFIELD, IL 60015-4315 |
| Transaction Type | Mortgage |
| Record Updated | Aug 5, 2022 |
| Title Company | MANT TITLE AGENCY, GMT TITLE AGENCY |
| Name | Verified Name |
|---|
| Document Number | 0007812997 |
|---|---|
| Date | Jul 29, 2021 |
| Instrument | 7812997 |
| Name | LAKE FOREST BANK & TRUST CO NA |
|---|---|
| Type | Bank |
| Address | LAKE FOREST, IL 60045 |
| Amount | Amount on Record |
|---|
Source: Lake County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Lake County |
| County Subdivision | West Deerfield Township |
| Municipality | Deerfield Village |
| Elementary School District | Deerfield School District 109 (PK - 08) |
| Secondary School District | Township High School District 113 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $64,303 Land $64,303 | $192,928 Land $192,928 | |
| 2024 | $5,672.00 (+14.1%) | ||
| 2023 | $4,971.00 (+5.86%) | $58,862 (+12.11%) Land $58,862 | $176,604 (+12.11%) Land $176,604 |
| 2022 | $4,696.00 | $52,502 Land $52,502 | $157,522 Land $157,522 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 724 Osterman Ave in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1981.
Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 6 (20% premium discount) |
| Nearby Flood Policies | 1 in force |
| Nearby Flood Claims | 4 (1981–2010) |
| Claims Outside the SFHA | 1 of 4 |
| Most Recent Claim | May 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.
The area around 724 Osterman Ave has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | DEERFIELD serves 19,196 people · EPA ID IL0974340 |
|---|---|
| Water Source | Purchased surface water from HIGHLAND PARK |
| Last State Inspection | Oct 2025 |
| Lead | 5 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 6 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.
Source: FCC Broadband Data Collection, based on 391 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T DSL · Fiber in parts of the area | 100 / 20 |
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