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    1220 Mdw Rd Northbrook, IL

    For Lease
    $40 SF/Yr ($3,833 /Mo)

    Medical office space featuring exam rooms and waiting area.

    Property size:
    1,150 SF
    Lot size:
    0.84 Acres

    Property Features for 1220 Mdw Rd

    General Information

    Size
    1,150 SF
    Lot size
    0.84 Acres

    Source: Bradford Allen - Corporate Agent Dan Fernitz

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

    Overview

    Northbrook Medical Office Space Available

    This property offers 1,150 square feet of space suitable for medical use. The layout includes four exam rooms, one office, a large waiting area, a nursing station or reception area, and a storage room. The property is located in Northbrook, IL.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Northbrook Animal Clinic, Dr. Angie Vogl, Dr. Scott Jones, Korfist Jill M DVM, Patricia Cahill DVM

    Map

    City
    Northbrook
    County
    Adams
    State
    Illinois
    Longitude
    -91.3951694
    Latitude
    39.9420653

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    FAQs

    What type of property is this?
    Medical office - Medical office space featuring exam rooms and waiting area.
    Where is this medical office located?
    The property is located at 1220 Mdw Rd Northbrook, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Medical space with 4 exam rooms; - Large waiting area; - Nursing station/reception
    (847) 507-6746
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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

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    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
    1220 Mdw Rd Northbrook, IL
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