Hilco Real Estate Sets Bid Deadline for Deerfield Office Campus on September 10, 2026
Hilco Real Estate, LLC, part of Hilco Global—a prominent financial services company—has revealed that September 10, 2026, will be the deadline for bids regarding the leasehold interest in Corporate 500, an upscale office campus in Deerfield, Illinois. This impressive campus spans 696,770± square feet and is set on over 30 acres in one of the North Shore’s most esteemed areas. The Corporate 500 office buildings were designed by Shaw Associates and constructed between 1986 and 1990, merging timeless architectural design with modern workplace capabilities.
The office complex features elegant gray and solar marble finishes, metallic accents, and spacious reflective glass, with tasteful marble and mahogany touches in its interiors. The inviting lobbies boast lofty atriums complete with skylights and interior landscaping, creating a bright and welcoming environment for tenants and visitors.
While being ideally located outside of downtown, Corporate 500 offers a full spectrum of office amenities similar to those found in urban settings. Notable features include a full-service restaurant, a fitness facility, an auditorium, three conference rooms, 24/7 security personnel, heated underground parking, and extensive outdoor areas complete with lakes, walking paths, and gathering spaces—all positioned within meticulously manicured grounds. This campus is currently 72% leased, accommodating over 30 tenants in sectors such as healthcare, financial services, life sciences, and insurance, providing a stable revenue stream for potential investors, while also possessing nearly 197,000± square feet of available space ripe for lease-up.
The Corporate 500 project is anchored by several long-term tenants whose leases extend well into the coming decade, yielding a solid average lease duration of approximately 5.9 years. This solid tenure supports an attractive and sustainable income model while presenting significant opportunities for future growth within the dynamic Deerfield market.
Deerfield is recognized as one of the most affluent and educated communities in the Chicago metropolitan area, with statistics revealing a median household income of over $181,000 and more than 82% of adults holding a bachelor’s degree or higher. House values in this area often surpass $623,000, contributing to the desirability for businesses. Additionally, Lake County hosts a formidable corporate and life sciences infrastructure, featuring 163 companies and employing over 23,000 individuals, contributing substantially to over $31.4 billion in sales revenue.
Some prominent companies in the region include Abbott, AbbVie, Baxter, Amgen, Walgreens, and Pfizer, which underscores the area's robust commercial ecosystem and specialized workforce. Access to major highways—namely the Edens Expressway (I-94) and the Tri-State Tollway (I-294)—ensures seamless connectivity to the wider North Shore and Lake County areas, as well as to both O'Hare International Airport and Chicago Executive Airport.
In recent remarks about the current state of the Chicago office market, Steve Madura, managing director at Hilco Global emphasized, "While the office sector faces various challenges and occupancy levels have decreased since the pandemic, premium properties are now experiencing a 'flight to quality.' Corporate 500 has all the amenities that modern tenants desire and the ideal location to attract businesses."
Bliss Morris, CEO of First Financial Network, noted that the broader North Shore communities support a highly skilled labor force and high-end housing, which are significant assets for long-term tenant retention and recruitment. He argued that these factors combined with the property’s quality create a unique investment opportunity for parties looking to acquire a major office space while also enabling potential repositioning to maximize its value.
Bid submissions are due by September 10, and interested participants are encouraged to reach out directly regarding the bidding process. More detailed information and due diligence resources can be found by visiting HilcoRealEstateSales.com or by calling their inquiry line. Hilco, based in Northbrook, Illinois, specializes in providing integrated services to aid clients in various sectors, ensuring they enhance their enterprise’s value with customized solutions. Likewise, First Financial Network is a leader in loan sale advisement and has a proven track record in facilitating significant loan transactions. If you are keen on securing a stake in one of the North Shore's premier office campuses, now is the time to act.
The office complex features elegant gray and solar marble finishes, metallic accents, and spacious reflective glass, with tasteful marble and mahogany touches in its interiors. The inviting lobbies boast lofty atriums complete with skylights and interior landscaping, creating a bright and welcoming environment for tenants and visitors.
While being ideally located outside of downtown, Corporate 500 offers a full spectrum of office amenities similar to those found in urban settings. Notable features include a full-service restaurant, a fitness facility, an auditorium, three conference rooms, 24/7 security personnel, heated underground parking, and extensive outdoor areas complete with lakes, walking paths, and gathering spaces—all positioned within meticulously manicured grounds. This campus is currently 72% leased, accommodating over 30 tenants in sectors such as healthcare, financial services, life sciences, and insurance, providing a stable revenue stream for potential investors, while also possessing nearly 197,000± square feet of available space ripe for lease-up.
The Corporate 500 project is anchored by several long-term tenants whose leases extend well into the coming decade, yielding a solid average lease duration of approximately 5.9 years. This solid tenure supports an attractive and sustainable income model while presenting significant opportunities for future growth within the dynamic Deerfield market.
Deerfield is recognized as one of the most affluent and educated communities in the Chicago metropolitan area, with statistics revealing a median household income of over $181,000 and more than 82% of adults holding a bachelor’s degree or higher. House values in this area often surpass $623,000, contributing to the desirability for businesses. Additionally, Lake County hosts a formidable corporate and life sciences infrastructure, featuring 163 companies and employing over 23,000 individuals, contributing substantially to over $31.4 billion in sales revenue.
Some prominent companies in the region include Abbott, AbbVie, Baxter, Amgen, Walgreens, and Pfizer, which underscores the area's robust commercial ecosystem and specialized workforce. Access to major highways—namely the Edens Expressway (I-94) and the Tri-State Tollway (I-294)—ensures seamless connectivity to the wider North Shore and Lake County areas, as well as to both O'Hare International Airport and Chicago Executive Airport.
In recent remarks about the current state of the Chicago office market, Steve Madura, managing director at Hilco Global emphasized, "While the office sector faces various challenges and occupancy levels have decreased since the pandemic, premium properties are now experiencing a 'flight to quality.' Corporate 500 has all the amenities that modern tenants desire and the ideal location to attract businesses."
Bliss Morris, CEO of First Financial Network, noted that the broader North Shore communities support a highly skilled labor force and high-end housing, which are significant assets for long-term tenant retention and recruitment. He argued that these factors combined with the property’s quality create a unique investment opportunity for parties looking to acquire a major office space while also enabling potential repositioning to maximize its value.
Bid submissions are due by September 10, and interested participants are encouraged to reach out directly regarding the bidding process. More detailed information and due diligence resources can be found by visiting HilcoRealEstateSales.com or by calling their inquiry line. Hilco, based in Northbrook, Illinois, specializes in providing integrated services to aid clients in various sectors, ensuring they enhance their enterprise’s value with customized solutions. Likewise, First Financial Network is a leader in loan sale advisement and has a proven track record in facilitating significant loan transactions. If you are keen on securing a stake in one of the North Shore's premier office campuses, now is the time to act.
Topics General Business）
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