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call 224-507-7034
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Illinois Lake County Deerfield

Park 5 Luxury Townhomes

5 Parkway North Blvd, Deerfield, IL 60015

(0 reviews)

Property Rating

3.0
Good
Out of 5

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  • Monthly Rent

    $3,500 - $6,500

  • Bedrooms

    1 - 3 bd

  • Bathrooms

    1 - 2.5 ba

  • Square Feet

    1,026 - 2,557 sq ft

Park 5 Luxury Townhomes
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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.

Read More

Pricing & Floor Plans

filter results by bedrooms
A1 $3,500
1 Bed 1 Bath 1,026 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1-725H
    price $3,500
    square feet 1,026
    availibility Mar 1
  • Unit 1-685H
    price $3,500
    square feet 1,026
    availibility Jun 1
  • Unit 1-675H
    price $3,500
    square feet 1,026
    availibility Jun 1
B1 $4,250
2 Beds 2.5 Baths 1,688 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 3-720T
    price $4,250
    square feet 1,688
    availibility Mar 1
  • Unit 3-725H
    price $4,250
    square feet 1,688
    availibility Mar 1
  • Unit 3-685H
    price $4,250
    square feet 1,688
    availibility Jun 1
C1 $5,450
3 Beds 2.5 Baths 1,971 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 4-725H
    price $5,450
    square feet 1,971
    availibility Mar 1
  • Unit 4-720T
    price $5,450
    square feet 1,971
    availibility Mar 1
  • Unit 4-675H
    price $5,450
    square feet 1,971
    availibility Jun 1
C2 $5,850
3 Beds 2.5 Baths 2,129 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1-740H
    price $5,850
    square feet 2,129
    availibility Mar 1
  • Unit 2-740H
    price $5,850
    square feet 2,129
    availibility Mar 1
  • Unit 6-745H
    price $5,850
    square feet 2,129
    availibility Mar 1
C3 $6,500
3 Beds 2.5 Baths 2,557 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 2-725H
    price $6,500
    square feet 2,557
    availibility Mar 1
  • Unit 2-720T
    price $6,500
    square feet 2,557
    availibility Mar 1
  • Unit 2-675H
    price $6,500
    square feet 2,557
    availibility Jun 1
A1 $3,500
1 Bed 1 Bath 1,026 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1-725H
    price $3,500
    square feet 1,026
    availibility Mar 1
  • Unit 1-685H
    price $3,500
    square feet 1,026
    availibility Jun 1
  • Unit 1-675H
    price $3,500
    square feet 1,026
    availibility Jun 1
B1 $4,250
2 Beds 2.5 Baths 1,688 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 3-720T
    price $4,250
    square feet 1,688
    availibility Mar 1
  • Unit 3-725H
    price $4,250
    square feet 1,688
    availibility Mar 1
  • Unit 3-685H
    price $4,250
    square feet 1,688
    availibility Jun 1
C1 $5,450
3 Beds 2.5 Baths 1,971 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 4-725H
    price $5,450
    square feet 1,971
    availibility Mar 1
  • Unit 4-720T
    price $5,450
    square feet 1,971
    availibility Mar 1
  • Unit 4-675H
    price $5,450
    square feet 1,971
    availibility Jun 1
C2 $5,850
3 Beds 2.5 Baths 2,129 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1-740H
    price $5,850
    square feet 2,129
    availibility Mar 1
  • Unit 2-740H
    price $5,850
    square feet 2,129
    availibility Mar 1
  • Unit 6-745H
    price $5,850
    square feet 2,129
    availibility Mar 1
C3 $6,500
3 Beds 2.5 Baths 2,557 Sq Ft $500 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 2-725H
    price $6,500
    square feet 2,557
    availibility Mar 1
  • Unit 2-720T
    price $6,500
    square feet 2,557
    availibility Mar 1
  • Unit 2-675H
    price $6,500
    square feet 2,557
    availibility Jun 1
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • Dogs
    • Monthly Pet Fee
      Max of 255. Charged per pet.
      $35
    • One-Time Pet Fee
      Max of 255. Charged per pet.
      $400
    Restrictions:
    Please call our Leasing Office for complete Pet Policy information.
    Read More Read Less
  • Cats
    • Monthly Pet Fee
      Max of 255. Charged per pet.
      $35
    • One-Time Pet Fee
      Max of 255. Charged per pet.
      $400
    Restrictions:
    Please call our Leasing Office for complete Pet Policy information.
    Read More Read Less

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

  • 6 - 24 Month Leases

Property Information

  • Built in 2026
  • 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.

Contact

Language: English
Open By Appointment Today
  • Monday - Friday, By Appointment
  • Saturday & Sunday, Closed
Property Management Company Logo
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Office Hours
Monday By Appointment
Tuesday By Appointment
Wednesday By Appointment
Thursday By Appointment
Friday By Appointment
Saturday Closed
Sunday Closed
224-507-7034
City - Deerfield

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 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Coll. of Lake Co., Southlake
Drive: 10 min 5.4 mi
Oakton C.C., Des Plaines
Drive: 18 min 10.4 mi
Lake Forest College
Drive: 20 min 11.3 mi
Roosevelt Univ., Schaumburg
Drive: 28 min 16.8 mi
Park 5 Luxury Townhomes is within 10 minutes or 5.4 miles from Coll. of Lake Co., Southlake. It is also near Oakton C.C., Des Plaines and Lake Forest College.
Schools
  • Public Schools
  • Private Schools
South Park Elementary School
Public Elementary School
Grades PK-5
441 Students
Nearby
Wilmot Elementary School
Public Elementary School
Grades K-5
477 Students
Attendance Zone
Charles J Caruso Middle School
Public Middle School
Grades 6-8
445 Students
Attendance Zone
Deerfield High School
Public High School
Grades 9-12
1,483 Students
Attendance Zone
Riverwoods Montessori School
Private Elementary School
Grades PK-6
Nearby
Rochelle Zell Jewish High School
Private High School
Grades 9-12
179 Students
Nearby
School data provided by 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.
Transportation

Park 5 Luxury Townhomes is near Chicago O'Hare International, located 15.8 miles or 23 minutes away, and Chicago Midway International, located 33.9 miles or 51 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Deerfield Station
Drive: 5 min 2.1 mi
Lake Cook Station
Drive: 7 min 3.1 mi
Buffalo Grove Station
Drive: 8 min 3.6 mi
Wheeling Station
Drive: 9 min 4.5 mi
Northbrook Station
Drive: 11 min 6.1 mi
Airports Distance
Airports Distance
Chicago O'Hare International
Drive: 23 min 15.8 mi
Chicago Midway International
Drive: 51 min 33.9 mi
Car-Dependent
28
Walk Score®
Out of 100
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
16
Transit Score®
Out of 100
Somewhat Bikeable
49
Bike Score®
Out of 100
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from Park 5 Luxury Townhomes.

Shopping Centers Distance
Shopping Centers Distance
Standy Plaza
Drive: 5 min 2.1 mi
Deerfield Village Centre
Drive: 5 min 2.3 mi
Deerfield Shoppers Court
Drive: 5 min 2.3 mi
Park 5 Luxury Townhomes has 3 shopping centers within 2.3 miles, which is about a 5-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Ryerson Conservation Area and Welcome Center
Drive: 7 min 2.6 mi
Brushwood Center at Ryerson Woods
Drive: 8 min 2.6 mi
Rivershire Park and Nature Center
Drive: 8 min 3.1 mi
Camp Dan Beard
Drive: 7 min 3.2 mi
Dam No 1 Woods-East
Drive: 9 min 3.4 mi
Park 5 Luxury Townhomes has 5 parks within 3.4 miles, including Camp Dan Beard, Brushwood Center at Ryerson Woods, and Ryerson Conservation Area and Welcome Center.
Hospitals Distance
Hospitals Distance
Northwestern Lake Forest Hospital
Drive: 16 min 9.1 mi
Advocate Lutheran General Hospital
Drive: 18 min 9.7 mi
Chicago Behavioral Hospital
Drive: 15 min 9.9 mi
Park 5 Luxury Townhomes has 3 hospitals within 9.9 miles, the nearest is Northwestern Lake Forest Hospital which is 9.1 miles away and a 16 minute drive.
Military Bases Distance
Military Bases Distance
US Military Reservation Elk Grove
Drive: 23 min 13.0 mi
Great Lakes Naval Training Center
Drive: 22 min 15.8 mi
Park 5 Luxury Townhomes is 13.0 miles from US Military Reservation Elk Grove, and is convenient to other military bases, including Great Lakes Naval Training Center.
 
 

Property Ratings at Park 5 Luxury Townhomes

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
3.0
Good
Out of 5

No Renter Reviews Yet

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Park 5 Luxury Townhomes Photos

  • Park 5 Luxury Townhomes

Models

  • 1 Bedroom

  • 2 Bedrooms

  • 3 Bedrooms

  • 3 Bedrooms

  • 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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    $1,650 - $3,100

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  • The Clark

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    Call for Rent

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  • Water's Edge

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    1-3 Br 22.3 mi

Frequently Asked Questions
Does Park 5 Luxury Townhomes have in-unit laundry?

Park 5 Luxury Townhomes does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.

What utilities are included in rent at Park 5 Luxury Townhomes?

Utilities are not included in rent. Residents should plan to set up and pay for all services separately.

Is parking available at Park 5 Luxury Townhomes?

Contact this property for parking details.

Which floor plans are available, and what are the price ranges?

Park 5 Luxury Townhomes has one to three-bedrooms with rent ranges from $3,500/mo. to $6,500/mo.

Is Park 5 Luxury Townhomes pet-friendly?

Yes, Park 5 Luxury Townhomes welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Park 5 Luxury Townhomes?

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.

Does Park 5 Luxury Townhomes have move-in specials?

Park 5 Luxury Townhomes is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Park 5 Luxury Townhomes offer Matterport 3D tours?

While Park 5 Luxury Townhomes does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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5 Parkway North Blvd

Deerfield, IL 60015

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