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    Brokers
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    • Brokers

    John Herman, Hoffman Estates, IL

    License ID: 471017853
    Years of Experience
    20
    Association
    Mainstreet Organization Of Realtors

    Service Locations

    Contact details

    Phone:
    (847) 847-4711
    Office Address:
    840 S Northwest Hwy, Hoffman Estates, IL 60010

    Property Types

    • Commercial Lease

    Performance

    Listings
    1
    Total transactions
    157
    Total transactions amount
    $44M
    Price range
    $30k - 1M
    Average price
    $280k

    Listings

    For Lease (1)

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    • Contact for pricing
      4,792 SF

      Barrington Commercial Building For Rent

      One-story commercial building with high visibility and ample parking.
      400 W Northwest Hwy, Barrington, IL 60010
      View Details

    Leases and Sales on Map

    • For Lease

    Properties for sale

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    John Herman, Hoffman Estates, IL
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

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    John Herman, Hoffman Estates, IL
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