Contacts
Property Details
- Property Type Other
- Property Size 38,000 SF
- Lot Size 1.5 SF
- Year Built 1992
- Year Renovated 2019
- Date Updated May 18, 2026
Colliers is pleased to introduce a truly once in a lifetime opportunity to acquire the Chicago Bulls former practice facility. Today, it is an income producing investment opportunity with upside potential. It is located on an out-parcel of a Corporate 500 Office Development in Deerfield, IL. with a building address of 550 Lake Cook Road. The property still boasts the original build-outs including the basketball court, corporate offices and new cooking facilities.
The building is anchored by the Felicity School – Chicago’s premier therapeutic day school designed to serve students who are eligible for special education services. The balance of the building is used for sports and event space. This space is rented to various sports related organizations including basketball and volleyball groups among others and used for functions, charities, birthdays and the like.
The property is offered unpriced. The current income is $415,528. There is meaningful room to grow the revenue by maximizing the sports and events space usage.
Reach out to the broker for more info on lease terms and amenities
Getting around
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58/100
Walk Score ®
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33/100
Transit Score ®
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42/100
Bike Score ®
Location
- City Deerfield, IL
- Zip Code 60015
Points of Interest
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Deerfield
0.83 miles
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Highland Park
2.85 miles
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Ravinia
3.04 miles
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Ravinia Park
3.29 miles
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Fort Sheridan
4.25 miles
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Indian Hill
7.46 miles
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Kenilworth
8.01 miles
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Mount Prospect
8.17 miles
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Des Plaines
8.41 miles
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Lake Bluff
8.44 miles
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Shell
0.42 miles
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BP
0.45 miles
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Mobil
0.53 miles
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Exxon
0.55 miles
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Thorntons
2.04 miles
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volta
2.22 miles
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Tesla Supercharger
4.25 miles
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ChargePoint
5.57 miles
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Blink
6.74 miles
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CDW Charging Station
7.30 miles
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Parking Garage
1.39 miles
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Northbrook Metra Station
2.25 miles
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Lot 6
2.70 miles
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Lot 8
2.70 miles
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Lot 5
2.72 miles
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Lot 1
2.74 miles
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Lot 4
2.79 miles
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Lot 3
2.80 miles
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Lot 2
2.81 miles
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Highland Park Metra Station
2.84 miles
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Residence Inn Chicago Deerfield
0.06 miles
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Courtyard Chicago Deerfield
0.41 miles
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Red Roof Inn
0.85 miles
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Embassy Suites by Hilton Chicago North Shore Deerfield
1.30 miles
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Hyatt Regency Deerfield
1.52 miles
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Chicago Marriott Suites Deerfield
1.89 miles
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Courtyard Chicago Highland Park/Northbrook
2.10 miles
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Rosario's Home
2.46 miles
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Holiday Inn Express & Suites Chicago-Deerfield/Lincolnshire
2.56 miles
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Renaissance North Shore
3.12 miles
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Jewel-Osco
0.49 miles
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Marshalls
0.54 miles
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Whole Foods Market
0.68 miles
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Northbrook Court
1.38 miles
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Neiman Marcus
1.46 miles
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Sunset Foods
1.93 miles
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TJ Maxx
2.18 miles
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Saks Off 5th
2.24 miles
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Trader Joe's
2.25 miles
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Bloomingdale's Outlet
2.26 miles