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Northbrook Office Space For Rent
For Lease
$26 SF/Yr

1707 Shermer Road, Northbrook, IL 60062

Office space for rent near Shermer Road and METRA.

Space Size1,524 SF - 2,382 SF
Property Size40,000 SF
Days on Market276

Property Features for 1707 Shermer Road

General Information

Standard status Active
Size 1,524 SF - 2,382 SF
Property subtype Office
Lease Term Gross

Building Details

Building Size 40,000 SF

Spaces For Lease

at 1707 Shermer Road Contact us

Suite 205 $26/SF/Yr

Size
2,382 SF
Type
Office Building
Term
36 +
Contact us

Suite 210 $26/SF/Yr

Size
1,524 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: RE/MAX 1st Choice
Listed By: Brian Barrett · License #IL #471002759
Source: Svnchicago
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 24 at 3:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1st Choice

Investment Insights

Based on property information with market context.

Office space is available for rent at the Busey Bank Northbrook Branch. The lease structure is gross, with tenants responsible for rent, phone, and internet expenses only. Real estate taxes, common area maintenance, and insurance are included in the lease. A 15% loss factor is applied to the usable square footage to cover these expenses; for example, a 1,000 square foot usable suite is billed as 1,150 square feet rentable. Any space modifications require a minimum three-year lease term and are subject to prior approval. The property is located on Shermer Road, one block south of the METRA station.

Key Highlights

  • True gross lease: rent includes real estate taxes, CAM, and insurance.
  • Tenants only pay for rent, phone, and internet.
  • Location: On Shermer Road, one block south of the METRA Station.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Spa & Massage Center Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 60062, IL

42,751
Population
17,892
Households
2.4
Avg Household Size
48
Median Age
71%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
2,262
Density / Sq Mi
$142,759
Median Household Income
$77,188
Median Earnings
$1,921
Median Rent
$625,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent near Shermer Road and METRA.
Where is this office units located?
The property is located at 1707 Shermer Road Northbrook, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: True gross lease: rent includes real estate taxes, CAM, and insurance.; Tenants only pay for rent, phone, and internet.; Location: On Shermer Road, one block south of the METRA Station.
More about this property
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