Let's first install these packages needed for the compilation of source:
sudo apt-get install checkinstall autotools-dev build-essential
Now download your source and extract it to any folder of your choice, then open the terminal and cd to this folder:
Run now these commands to compile and create the .deb package:
You will be prompted to enter some details for your .deb package. At the end, the Debian package will be created in your source directory.