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    1975 Shermer Rd Northbrook, IL

    For Lease
    Contact for pricing

    New development with high traffic and flexible design options.

    Property size:
    2,500 SF
    Lot size:
    0.43 Acres

    Property Features for 1975 Shermer Rd

    General Information

    Size
    2,500 SF
    Lot size
    0.43 Acres

    Source: Canvas Real Estate Agent Anthony Campagni

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

    Overview

    Northbrook Retail/Restaurant Opportunity

    This new development is located at an in-fill intersection in the north shore suburb of Northbrook. The property offers multiple potential building uses including restaurant, retail, and medical, with flexibility on design. The building provides 2,500 square feet of space, plus a large outdoor area. The location benefits from high visibility, with over 20,000 vehicles passing by daily. The surrounding area features a dense residential population and significant commercial daytime traffic. Up to 24 parking spaces are available on site.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Northbrook
    County
    Adams
    State
    Illinois
    Longitude
    -91.3951694
    Latitude
    39.9420653

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    FAQs

    What type of property is this?
    Retail space - New development with high traffic and flexible design options.
    Where is this retail space located?
    The property is located at 1975 Shermer Rd Northbrook, IL.
    What are key features of this property?
    This property features: - High-traffic location with over 20,000 vehicles per day.; - Versatile 2,500 sq ft building with large outdoor space. Suitable for restaurant, retail, or medical use.; - Located in a dense residential area with significant daytime commercial traffic.
    (773) 887-8212
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    1975 Shermer Rd Northbrook, IL
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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
    1975 Shermer Rd Northbrook, IL
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