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    1240 Meadow Rd Northbrook, IL 60062

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    For Lease
    $33 SF/Yr

    Five-story building with full floor availability and upgraded amenities.

    Property Features for 1240 Meadow Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1965

    Source: TWINS REALTY LLC Agent ROBERT KLAIRMONT

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

    Overview

    Northbrook Medical/Office Building For Lease

    The property at 1240 Meadow Road in downtown Northbrook is a 5-story professional medical and office building available for lease. It features full floor availability with floor-to-ceiling windows and hardwood floors. Each floor includes an upgraded kitchen and two private restrooms. Perimeter offices are constructed with glass walls, providing privacy and natural light. The main city parking lot is located across the street. Numerous restaurants are within walking distance, including Napolita Pizzeria, Trattoria Oliverii, Eataco, Landmark Inn, Basu Coffee, Leonidas, Lou Malnati's, and Kamehachi. The population within a 2-mile radius is 31,744, and within a 5-mile radius, it is 195,931. The average household income is $172,049 within 2 miles and $155,746 within 5 miles.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    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

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    FAQs

    What type of property is this?
    Office building - Five-story building with full floor availability and upgraded amenities.
    Where is this office building located?
    The property is located at 1240 Meadow Rd Northbrook, IL.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Full floor availability in downtown Northbrook.; - Upgraded kitchen and two private restrooms on each floor.; - **Incredible floor-to-ceiling windows and hardwood floors.**
    (773) 736-6461
    Request Owner's contact information
    1240 Meadow Rd Northbrook, IL 60062
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    Northbrook, IL 60062
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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
    1240 Meadow Rd Northbrook, IL 60062
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