For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1220 Meadow Rd Northbrook, IL 60062

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

Three-story office building in downtown Northbrook, 94% occupied.

Type:Retail, Office
Property size:
16,659 SF
Lot size:
1.00 Acre
Added:
Jul 11, 2024
Days on Market:
635
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 1220 Meadow Rd

General Information

Standard status
Active
Size
16,659 SF
Lot size
1.00 Acre
Property subtype
Retail, Office

Building Details

Year Built
1979

We can help!

Listing Contact
John Abuja CCIM, SIOR

Listing agent John Abuja CCIM, SIOR License #IL 471.007675

Listing office Marcus & Millichap - Chicago Downtown

Listing date Jul 11, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown


Overview

Northbrook Office Building Investment Opportunity

This three-story office building, totaling 18,000 square feet, is situated on almost one acre of land in downtown Northbrook, Illinois. Currently 94% occupied, the building features a diverse tenant mix, including five dental and orthodontic practices, a Huntington Bank retail lobby, and a local jewelry store. The property is located steps away from the Northbrook commuter rail station, village hall, the Northbrook library, and various restaurants and retailers. Ample parking is available on the north, west, and south sides of the building, with additional parking along the eastern Meadow Road frontage. Basement storage is available for rent to the building’s tenants. The single vacant suite, comprising 6% of the leasable area, is move-in-ready medical space with sinks and corner windows. Ownership is currently entertaining RFPs for a potential new tenant, which would make the building 100% occupied. The location in downtown Northbrook may also be viewed as a long-term covered land play.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

FAQs

What type of property is this?
Office building - Three-story office building in downtown Northbrook, 94% occupied.
Where is this office building located?
The property is located at 1220 Meadow Rd Northbrook, IL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime downtown Northbrook location, steps from commuter rail, village hall, library, restaurants and retailers.; Strong and stable tenant base with longstanding dental/orthodontic practices and a Huntington Bank branch.; High occupancy rate of 94% with potential to reach 100% occupancy with a new tenant for the vacant medical suite.
More about this property
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