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    For Sale (27)

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    Arlington Heights Land Opportunity
    $299,900
    0.20 Acres

    Arlington Heights Land Opportunity

    Vacant lot in a prime location to build your dream home.

    1309 E Brookwood Dr, Arlington Heights, IL 60004
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    Prime Commercial Land Opportunity
    $563,469
    1.69 Acres

    Prime Commercial Land Opportunity

    1.69-acre commercial land in high-traffic area, ideal for development.

    Rollins Rd, Round Lake, IL 60073
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    Land For Sale, Barrington, IL
    $295,000
    1.24 Acres

    Land For Sale, Barrington, IL

    Residential land available in Barrington, Illinois.

    650 George St, Barrington, IL 60010
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    Prime Corner Development Site Available
    $700,000
    1.52 Acres

    Prime Corner Development Site Available

    High-visibility 1.52-acre corner lot ideal for various commercial uses.

    Brookside Ave, Waukegan, IL 60085
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    Historic Lakefront Mixed-Use Property
    $950,000
    0.77 Acres

    Historic Lakefront Mixed-Use Property

    Iconic Fox Lake landmark with multiple income streams.

    115 Nippersink Rd, Fox Lake, IL 60020
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    Lakefront Rental Property in Fox Lake
    $550,000
    0.38 Acres

    Lakefront Rental Property in Fox Lake

    Fully furnished 5-unit property on Nippersink Lake.

    117 Nippersink Rd, Fox Lake, IL 60020
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    Ingleside Land Package For Sale
    Contact for pricing
    0.64 Acres

    Ingleside Land Package For Sale

    Two parcels sold together with frontage on Route 59.

    603 Il Route 59, Ingleside, IL 60041
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    Move-In Ready Office Suites
    $315,000
    3,000 SF

    Move-In Ready Office Suites

    Updated office condominium with private offices and common areas.

    28085 N Ashley Cir, Libertyville, IL 60048
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    Gurnee Vacant Land Opportunity
    $165,000
    0.93 Acres

    Gurnee Vacant Land Opportunity

    0.93-acre vacant land near Gurnee Mills and Six Flags.

    16655 W Applewood Ct, Gurnee, IL 60031
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    Roselle Land on Irving Park
    $500,000
    1.20 Acres

    Roselle Land on Irving Park

    1.2 acre commercial land with frontage on Irving Park Road.

    460 W Irving Park Rd, Roselle, IL 60172
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    Cosmetology School & Salon Business
    $75,000
    0.05 Acres

    Cosmetology School & Salon Business

    Remodeled cosmetology school and salon business for sale.

    9999 Confidential Ave, Palatine, IL 60067
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    Mixed-Use Investment Opportunity in Norridge
    $4,900,000
    21,000 SF

    Mixed-Use Investment Opportunity in Norridge

    High-performing mixed-use portfolio with residential and retail units.

    7701-7757 W Lawrence Ave, Norridge, IL 60706
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    Updated Bridgeport Two-Flat Opportunity
    $599,900

    Updated Bridgeport Two-Flat Opportunity

    Move-in ready, updated two-flat in vibrant Bridgeport neighborhood.

    2713 S Crowell St, Chicago, IL 60608
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    Commercial Land in Itasca, IL
    Contact for pricing
    0.17 Acres

    Commercial Land in Itasca, IL

    Commercial land available for sale in Itasca, Illinois.

    100 S Walnut St, Itasca, IL 60143
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    Land Ready for Subdivision
    $799,900
    3.00 Acres

    Land Ready for Subdivision

    3-acre property in Lake Zurich, ideal for single-family home development.

    21763 N Deerpath Rd, Lake Zurich, IL 60047
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    Vacant Lot with Water View
    $149,000

    Vacant Lot with Water View

    Vacant lot ready for building with Fox River channel view.

    138 Eastwood Ave, Port Barrington, IL 60010
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    Residential Land in Steeple View
    $299,000
    1.05 Acres

    Residential Land in Steeple View

    Scenic lot for a custom dream home in Long Grove.

    1144 Steeple Vw Dr, Long Grove, IL 60047
    View details
    Landmark Property in Downtown Winfield
    $1,750,000
    0.57 Acres

    Landmark Property in Downtown Winfield

    Unique property with conversion options in vibrant downtown Winfield.

    27W530 High Lk Ave, Winfield, IL 60190
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    Norridge Mixed-Use Investment Portfolio
    Contact for pricing
    48,401 SF

    Norridge Mixed-Use Investment Portfolio

    Three-building portfolio with residential and retail units, value-add potential.

    7757 W Lawrence Ave, Norridge, IL 60706
    View details
    Prime Barrington Retail/Office Building
    Contact for pricing
    2,200 SF

    Prime Barrington Retail/Office Building

    Highly visible retail/office building in downtown Barrington for sale.

    237 E Main St, Barrington, IL 60010
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    Mechanic Shop Approved for Dealership
    Contact for pricing
    1,600 SF

    Mechanic Shop Approved for Dealership

    Three-bay mechanic shop with dealership approval.

    3800 W Division St, Chicago, IL 60651
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    Downtown Wheaton Office Building
    $2,999,900
    10,000 SF

    Downtown Wheaton Office Building

    Prime Wheaton location, 10,000 SF, high-end finishes.

    221 Front St, Wheaton, IL 60187
    View details
    there is a 400 SF unit on the second floor. The 1
    $475,000
    2,200 SF

    there is a 400 SF unit on the second floor. The 1

    546 SF unit has the potential to be divided

    237 Main St, Barrington, IL 60010
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    Downtown Woodstock Multi-Family Investment
    $825,000
    8,712 SF

    Downtown Woodstock Multi-Family Investment

    Eleven Units, High Occupancy, Prime Location

    117 Van Buren St, Woodstock, IL 60098
    View details
    Prime Barrington Retail/Office Building
    $475,000

    Prime Barrington Retail/Office Building

    Highly visible retail/office building in downtown Barrington for sale.

    237 E Main St, Barrington, IL 60010
    View details
    Mixed-Use Property with Retail Building
    Contact for pricing
    47,792 SF

    Mixed-Use Property with Retail Building

    Mixed-use property featuring apartment units, retail spaces, and building.

    7701-7757 W Lawrence Ave, Norridge, IL 60706
    View details
    Barrington Land For Sale
    $295,000

    Barrington Land For Sale

    Land available in Barrington, Illinois.

    650 George St, Barrington, IL 60010
    View details

    For Lease (16)

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    Flex Warehouse with Office Space
    Contact for pricing

    Flex Warehouse with Office Space

    High-quality flex warehouse with office space in Libertyville, IL.

    1881 Industrial Dr, Libertyville, IL 60048
    View details
    Retail Space in Sleepy Hollow
    Contact for pricing

    Retail Space in Sleepy Hollow

    4800 SF retail unit, formerly a Martial Arts Studio.

    1049 W Main St, Sleepy Hollow, IL 60118
    View details
    Professional Office Space Available
    Contact for pricing

    Professional Office Space Available

    Office space in busy shopping center, immediate occupancy.

    27W281 Geneva Rd, Winfield, IL 60190
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    COMMERCIAL - Winfield, IL
    Contact for pricing

    COMMERCIAL - Winfield, IL

    Retail space

    27W211 Geneva Rd, Winfield, IL 60190
    View details
    Downtown Wheaton Office Space Available
    Contact for pricing

    Downtown Wheaton Office Space Available

    Prime office suites in a vibrant downtown setting.

    114 N Hale St, Wheaton, IL 60187
    View details
    Downtown Wheaton Office Spaces
    Contact for pricing

    Downtown Wheaton Office Spaces

    Prime office spaces for lease in downtown Wheaton.

    114 N Hale St, Wheaton, IL 60187
    View details
    Downtown Lake Zurich Office Space
    Contact for pricing

    Downtown Lake Zurich Office Space

    Single office space for rent in downtown Lake Zurich.

    83 W Main St, Lake Zurich, IL 60047
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    Office Space in Lake Zurich
    Contact for pricing

    Office Space in Lake Zurich

    Double office space with private entrance and ample parking.

    83 W Main St, Lake Zurich, IL 60047
    View details
    Retail Space in Prairie Trail Center
    Contact for pricing

    Retail Space in Prairie Trail Center

    Prime retail space available in a high-traffic shopping center.

    27W209 Geneva Rd, Winfield, IL 60190
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    Retail Space in Prairie Trail
    Contact for pricing

    Retail Space in Prairie Trail

    Prime retail space available in a high-traffic shopping center.

    27W205 Geneva Rd, Winfield, IL 60190
    View details
    West Chicago Office Space Available
    Contact for pricing

    West Chicago Office Space Available

    Office space with utilities included and convenient highway access.

    108 Sherman St, West Chicago, IL 60185
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    Libertyville Professional Office Suite
    Contact for pricing

    Libertyville Professional Office Suite

    Upscale 1,400 SF office suite in Libertyville, Illinois.

    301 Peterson Rd, Libertyville, IL 60048
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    Commercial Space in Wheaton, IL
    Contact for pricing

    Commercial Space in Wheaton, IL

    Commercial real estate for rent in Wheaton, Illinois.

    114 N Hale St, Wheaton, IL 60187
    View details
    Versatile Commercial Space in Fox River Grove
    Contact for pricing
    94,525 SF

    Versatile Commercial Space in Fox River Grove

    Prime retail or office space in a vibrant shopping center.

    925 Il Route 22, Fox River Grove, IL 60021
    View details
    Prime Retail Space Available
    Contact for pricing

    Prime Retail Space Available

    Retail space in a high-traffic, residential area.

    7723 W Lawrence Ave, Norridge, IL 60706
    View details
    Professional Office Spaces Available
    Contact for pricing

    Professional Office Spaces Available

    Professional office spaces available for lease in Elgin, Illinois.

    105 S Grove Ave, Elgin, IL 60120
    View details

    Leases and Sales on Map

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    RE/MAX Suburban
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Suburban
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