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    3451 Commercial Ave Northbrook, IL

    For Sale
    Contact for pricing

    26,000 SF industrial building with occupied and vacant units.

    Property size:
    26,000 SF
    Lot size:
    1.54 Acres

    Property Features for 3451 Commercial Ave

    General Information

    Size
    26,000 SF
    Lot size
    1.54 Acres

    Source: NAI Hiffman | Oakbrook Terrace Agent Terry Herlihy

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

    Overview

    Two-Tenant Industrial Building For Sale

    A 26,000 SF two-tenant industrial building is available for sale. The building features a 13,623 SF occupied unit and a 12,377 SF vacant unit. Rent roll is available upon request.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Alfa Case

    Map

    City
    Northbrook
    County
    Adams
    State
    Illinois
    Longitude
    -91.3951694
    Latitude
    39.9420653

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    FAQs

    What type of property is this?
    Warehouse - 26,000 SF industrial building with occupied and vacant units.
    Where is this warehouse located?
    The property is located at 3451 Commercial Ave Northbrook, IL.
    What are key features of this property?
    This property features: - Two-tenant industrial building; - **12,377 SF vacant unit available for immediate occupancy/use**; - 13,623 SF occupied unit provides immediate income
    (630) 932-1234
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    Northbrook, 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.

    More about this property
    3451 Commercial Ave Northbrook, IL
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