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

    1 Overlook Pt Lincolnshire, IL 60069

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space for rent with fitness center and more.

    Property size:
    722 SF
    Lot size:
    10.73 Acres

    Property Features for 1 Overlook Pt

    General Information

    Size
    722 SF
    Lot size
    10.73 Acres

    We can help!

    Listing Contact
    Gordon Lamphere
    Gordon Lamphere
    Source: Moodyscre

    Listing Agent: Gordon Lamphere

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

    Learn more

    Property Insight Report

    Overview

    Office Space with Modern Amenities

    This office space, encompassing 722 square feet, offers a range of amenities including a deli, Wi-Fi lounge and game room, lakeside patio with a fire pit, and a fitness center. A conference center and shared breakroom are also available. Outdoor features include an amphitheater and walking/jogging paths, along with a bike room equipped with tools and storage. The location provides convenient access to public transit connections. The property benefits from a dual power feed with an automatic transfer switch to ensure a consistent power supply. Each floor is equipped with two individual HVAC units to accommodate cost-efficient after-hours operations. Responsive on-site ownership and management are present.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnshire
    County
    Lake
    State
    Illinois
    Longitude
    -87.9318103
    Latitude
    42.1847634

    Nearby Similar for Lease

    • Contact for pricing
      75,372 SF

      Former Regal Theater & IMAX

      75,372 SF former theater for lease in Lincolnshire, Illinois.
      300 Parkway Dr, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      78,286 SF

      Retail Space in City Park

      Up to 15,000 SF available in Lincolnshire's City Park.
      255-295 Parkway Dr, Lincolnshire, IL 60069
      View Details
    • $17 SF/Yr
      559,204 SF

      Connected Office Campus For Lease

      Class A office campus with renovated amenities and highway access.
      25 Tri State International, Lincolnshire, IL 60069
      View Details
    • $17 SF/Yr

      Modern Office Space in Lincolnshire

      Modern, well-maintained office space with ample parking and professional management.
      440 Milwaukee Ave, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      2,487 SF

      Retail Space in Lincolnshire

      Retail space available in Lincolnshire with high trade area population.
      950 Milwaukee Ave, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      2,647 SF

      Furnished Office Space with Amenities

      Move-in ready office space with modern amenities and ample parking.
      475 Half Day Rd, Lincolnshire, IL 60069
      View Details
    • $17 SF/Yr
      2,423 SF

      Office Space with Ample Parking

      Office space for rent with on-site hotel and security.
      200 Tri-State International, Lincolnshire, IL
      View Details
    • $17 SF/Yr
      5,718 SF

      Office Space with Ample Parking

      Office space for rent with on-site hotel and security.
      300 Tri-State Tollway, Lincolnshire, IL
      View Details
    • $17 SF/Yr
      16,618 SF

      Lincolnshire Office Space For Rent

      Office space available with on-site hotel and ample parking.
      100 Tri State International, Lincolnshire, IL
      View Details
    • Contact for pricing
      3,472 SF

      Retail Space in Lincolnshire

      Retail space with high visibility and excellent demographics.
      900 Milwaukee Ave, Lincolnshire, IL 60069
      View Details
    • Contact for pricing
      26,216 SF

      Lincolnshire Office Space Available

      Office space available for lease in Lincolnshire, Illinois.
      75 Tri State Intl, Lincolnshire, IL 60069
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for rent with fitness center and more.
    Where is this office units located?
    The property is located at 1 Overlook Pt Lincolnshire, IL.
    What are key features of this property?
    This property features: - Dual Power Feed with Automatic Transfer Switch ensures consistent power supply.; - Responsive On-Site Ownership and Management provides immediate attention.; - Two Individual HVAC Units per Floor enables cost-efficient after-hours operations.
    (847) 846-6902 Call to check price and availability
    Request Owner's contact information
    1 Overlook Pt Lincolnshire, IL 60069
    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.
    1 Overlook Pt
    Lincolnshire, IL 60069
    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
    1 Overlook Pt Lincolnshire, IL 60069
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gordon Lamphere
    Gordon Lamphere
    (847) 846-6902 (847) 634-2300
    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!