Park 5 Luxury Townhomes
5 Parkway North Blvd,
Deerfield,
IL
60015
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Monthly Rent
$3,500 - $6,500
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Bedrooms
1 - 3 bd
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Bathrooms
1 - 2.5 ba
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Square Feet
1,026 - 2,557 sq ft
Welcome to PARK5 Luxury Townhomes—a brand-new collection of upscale, for-rent townhomes in Deerfield, IL, designed to redefine suburban living. Featuring 1- to 3-bedroom homes with thoughtfully crafted layouts, designer finishes, and modern amenities, PARK5 offers a lifestyle where comfort, convenience, and luxury meet. Located in the heart of Deerfield, PARK5 connects residents to premier shopping, dining, and entertainment options, as well as top-rated schools and commuter-friendly access to the greater Chicago area. From attached garages and private driveways to scenic trails and lush courtyards, every detail is designed to provide a truly elevated living experience.
Pricing & Floor Plans
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Unit 1-725Hprice $3,500square feet 1,026availibility Mar 1
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Unit 1-685Hprice $3,500square feet 1,026availibility Jun 1
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Unit 1-675Hprice $3,500square feet 1,026availibility Jun 1
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Unit 3-720Tprice $4,250square feet 1,688availibility Mar 1
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Unit 3-725Hprice $4,250square feet 1,688availibility Mar 1
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Unit 3-685Hprice $4,250square feet 1,688availibility Jun 1
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Unit 4-725Hprice $5,450square feet 1,971availibility Mar 1
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Unit 4-720Tprice $5,450square feet 1,971availibility Mar 1
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Unit 4-675Hprice $5,450square feet 1,971availibility Jun 1
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Unit 1-740Hprice $5,850square feet 2,129availibility Mar 1
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Unit 2-740Hprice $5,850square feet 2,129availibility Mar 1
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Unit 6-745Hprice $5,850square feet 2,129availibility Mar 1
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Unit 2-725Hprice $6,500square feet 2,557availibility Mar 1
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Unit 2-720Tprice $6,500square feet 2,557availibility Mar 1
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Unit 2-675Hprice $6,500square feet 2,557availibility Jun 1
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Unit 1-725Hprice $3,500square feet 1,026availibility Mar 1
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Unit 1-685Hprice $3,500square feet 1,026availibility Jun 1
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Unit 1-675Hprice $3,500square feet 1,026availibility Jun 1
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Unit 3-720Tprice $4,250square feet 1,688availibility Mar 1
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Unit 3-725Hprice $4,250square feet 1,688availibility Mar 1
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Unit 3-685Hprice $4,250square feet 1,688availibility Jun 1
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Unit 4-725Hprice $5,450square feet 1,971availibility Mar 1
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Unit 4-720Tprice $5,450square feet 1,971availibility Mar 1
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Unit 4-675Hprice $5,450square feet 1,971availibility Jun 1
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Unit 1-740Hprice $5,850square feet 2,129availibility Mar 1
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Unit 2-740Hprice $5,850square feet 2,129availibility Mar 1
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Unit 6-745Hprice $5,850square feet 2,129availibility Mar 1
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Unit 2-725Hprice $6,500square feet 2,557availibility Mar 1
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Unit 2-720Tprice $6,500square feet 2,557availibility Mar 1
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Unit 2-675Hprice $6,500square feet 2,557availibility Jun 1
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
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Dogs
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Monthly Pet FeeMax of 255. Charged per pet.$35
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One-Time Pet FeeMax of 255. Charged per pet.$400
Restrictions:Please call our Leasing Office for complete Pet Policy information.Read More Read Less -
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Cats
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Monthly Pet FeeMax of 255. Charged per pet.$35
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One-Time Pet FeeMax of 255. Charged per pet.$400
Restrictions: -
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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6 - 24 Month Leases
Property Information
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Built in 2026
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144 units/3 stories
About Park 5 Luxury Townhomes
Welcome to PARK5 Luxury Townhomes—a brand-new collection of upscale, for-rent townhomes in Deerfield, IL, designed to redefine suburban living. Featuring 1- to 3-bedroom homes with thoughtfully crafted layouts, designer finishes, and modern amenities, PARK5 offers a lifestyle where comfort, convenience, and luxury meet. Located in the heart of Deerfield, PARK5 connects residents to premier shopping, dining, and entertainment options, as well as top-rated schools and commuter-friendly access to the greater Chicago area. From attached garages and private driveways to scenic trails and lush courtyards, every detail is designed to provide a truly elevated living experience.
Park 5 Luxury Townhomes is an apartment community located in Lake County and the 60015 ZIP Code. This area is served by the Deerfield School District 109 attendance zone.
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
Located about 25 miles northwest of Chicago, Deerfield is a picturesque suburb home to a bevy of corporate headquarters in addition to research centers and facilities for many national and international companies. Families are often drawn to Deerfield for its top-ranked public schools, job opportunities, scenic parks, peaceful atmosphere, and convenience to Chicago.
Numerous parks, recreation programs, and bike routes in Deerfield provide ample opportunities for outdoor activities. Deerfield is also convenient to plenty of golf courses and country clubs as well as the Chicago Botanic Garden. Deerfield’s community comes together for the regular Farmers Market and the annual Harvest Fest. Getting around from Deerfield is easy with access to I-94, I-294, and the two Metra Milwaukee North rail train stations in town.
Learn more about living in Deerfield| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 10 min | 5.4 mi | |
| Drive: | 18 min | 10.4 mi | |
| Drive: | 20 min | 11.3 mi | |
| Drive: | 28 min | 16.8 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Park 5 Luxury Townhomes Photos
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Park 5 Luxury Townhomes
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Models
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1 Bedroom
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2 Bedrooms
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3 Bedrooms
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3 Bedrooms
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3 Bedrooms
Nearby Apartments
Within 50 Miles of Park 5 Luxury Townhomes
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Element at Veridian
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The Villages at Canterfield
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The Clark
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Call for Rent
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Water's Edge
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Park 5 Luxury Townhomes does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Contact this property for parking details.
Park 5 Luxury Townhomes has one to three-bedrooms with rent ranges from $3,500/mo. to $6,500/mo.
Yes, Park 5 Luxury Townhomes welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $3,500 for a one-bedroom, you would need to earn about $126,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Park 5 Luxury Townhomes is not currently offering any rent specials. Check back soon, as promotions change frequently.
While Park 5 Luxury Townhomes does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources