Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1110 Willow Rd Northbrook, IL 60062

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr

    Restaurant space with high visibility and convenient access.

    Property size:
    78,064 SF
    Lot size:
    78,064 SF

    Property Features for 1110 Willow Rd

    General Information

    Size
    78,064 SF

    We can help!

    Listing Contact
    Ronald Weissenhofer
    Source: Svnchicago

    Listing Agent: Ronald Weissenhofer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Restaurant Space in Prime Location

    This restaurant space, situated in a prime location, offers retail and restaurant tenants high visibility and convenient access. Located near the Willow Festival Shopping Center and Northbrook Court mall, the area attracts a steady flow of local residents and visitors, providing excellent foot traffic and exposure. The surrounding area features a variety of dining options, creating an ideal setting for retail and restaurant tenants to thrive and cater to a diverse audience. The restaurant boasts a modern, elegant design with large windows that flood the space with natural light. The interior features stylish decor, comfortable seating, and a warm color palette, creating a welcoming atmosphere suitable for both casual dining and special occasions. The state-of-the-art kitchen is equipped with commercial-grade appliances, ample prep space, and an efficient workflow design, making it ideal for a wide range of culinary concepts, from fine dining to casual eateries. The property's proximity to hotel amenities increases visibility and customer access, with potential for catering services for hotel events, conferences, and weddings. There is an established clientele with opportunities for growth through partnerships with local businesses and community events. The property size is 78064 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northbrook
    County
    Adams
    State
    Illinois
    Longitude
    -87.8406
    Latitude
    42.1255

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Northbrook Botanic Gardens

      Discover many ways to work your way in Northbrook Botanic Gardens
      707 Skokie Blvd, Northbrook, IL 60062
      View Details
    • Contact for pricing

      One Northbrook Place

      Discover many ways to work your way in One Northbrook Place
      5 Revere Dr, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Retail Space in Northbrook Center

      Retail spaces for lease with high traffic and ample parking.
      2720-2780 Dundee Rd, Northbrook, IL 60062
      View Details
    • $22 SF/Yr
      3,323 SF

      Northbrook Office Space Available

      Office space for rent in Northbrook, Illinois.
      600-650 Academy Dr, Northbrook, IL
      View Details
    • $20 SF/Yr

      Class A Office Sublease

      Move-in ready, fully furnished office space in Northbrook.
      400 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $40 SF/Yr
      18,000 SF

      Medical Office Space Available

      Medical office space with exam rooms, waiting area, and nursing station.
      1220 Meadow Rd, Northbrook, IL 60062
      View Details
    • $19 SF/Yr
      5,414 SF

      Renovated Office Space Available

      Office space with renovated amenities and tenant lounge.
      630-650 Dundee Rd, Northbrook, IL
      View Details
    • Contact for pricing

      Northbrook Retail Space For Lease

      Retail spaces available in Northbrook's Sanders Center at Dundee Road.
      4125 Dundee Rd, Northbrook, IL 60062
      View Details
    • $19 SF/Yr

      Renovated Class A Office Complex

      Class A office complex with modern amenities and convenient location.
      630-650 Dundee Rd, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Northbrook Single Tenant Building For Lease

      4,818 SF single tenant building available for lease in Northbrook.
      1510 Paddock Dr, Northbrook, IL 60062
      View Details
    • $10 SF/Yr

      Northbrook Flex Space with Showroom

      21,744 SF flex building with showroom and cooler.
      333 Anthony Trl, Northbrook, IL 60062
      View Details
    • Contact for pricing
      89,211 SF

      Northbrook Retail Anchor Opportunity

      89,211 SF retail space with high visibility and traffic.
      2323 Capital Dr, Northbrook, IL 60062
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant space with high visibility and convenient access.
    Where is this restaurant located?
    The property is located at 1110 Willow Rd Northbrook, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with high visibility and convenient access in a lively shopping center.; - State-of-the-art, commercial-grade kitchen suitable for diverse culinary concepts.; - Established clientele with growth potential through local partnerships.
    (630) 712-2573
    Request Owner's contact information
    1110 Willow Rd Northbrook, IL 60062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1110 Willow Rd
    Northbrook, IL 60062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1110 Willow Rd Northbrook, IL 60062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ronald Weissenhofer
    (630) 712-2573
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!