Single-Story Office Condo
900-666 Dundee Rd Northbrook, IL
900-666 Dundee Rd, Northbrook, IL, 00000
$650,000
For Sale
$650,000
Single-story office condo offers four suites totaling 5,295 SF within a 19-building master plan development.
Property Size5,295 SF
Price / SF$122.76
Days on Market152
Property Features for 900-666 Dundee Rd
General Information
- Standard status
- Active
- Size
- 5,295 SF
Listing agency
Sperry Van Ness
(312) 529-5791
Listed by
Wayne Caplan · License #475132248
(312) 529-5791
Source
Exprealty
Added: Feb 19 Updated: Jul 20 at 8:56PM Checked: Jul 20 at 8:56PM
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 Sperry Van Ness
Investment Insights
Based on property information with market context.
This single-story office condo is located within a 19-building master plan office development and is currently configured into four distinct suites. Suite sizes include 2,171 SF, 1,100 SF, and two 1,012 SF spaces, providing flexibility for an owner-occupant or investor.
The 2,171 SF suite is currently occupied by the property owner, with the ability to remain or vacate depending on a purchaser’s preference. The property is part of the 666 Dundee complex, which features a tree-lined, landscaped setting and substantial shared parking, and is described as conveniently located to I-94 as well as shops and restaurants along Chicago’s north shore/north suburban market.
For planning purposes, the presence of multiple suites and the ability to combine spaces supports a range of office configurations within the single-story condo structure.
The 2,171 SF suite is currently occupied by the property owner, with the ability to remain or vacate depending on a purchaser’s preference. The property is part of the 666 Dundee complex, which features a tree-lined, landscaped setting and substantial shared parking, and is described as conveniently located to I-94 as well as shops and restaurants along Chicago’s north shore/north suburban market.
For planning purposes, the presence of multiple suites and the ability to combine spaces supports a range of office configurations within the single-story condo structure.
Key Highlights
- Single‑story office condo in Northbrook, IL within a 19‑building master plan office development
- 5,295 SF building currently split into four suites: 2,171 SF, 1,100 SF, and two 1,012 SF spaces
- Leases are mostly shorter term, giving an owner options to combine suites for use and/or re‑tenant
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.7k | $12.60 |
| − Vacancy | −$10.7k | −$2.02 |
| EGI | $56.0k | $10.58 |
| − OpEx | −$14.0k | −$2.65 |
| NOI | $42.0k | $7.94 |
5,295 SF · lease $12.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$600.5K
$525.4K – $700.5K
NOI $42,032 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.06M
$925.5K – $1.23M
NOI $74,043 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Single-story office condo offers four suites totaling 5,295 SF within a 19-building master plan development.
Where is this office units located?
The property is located at 900-666 Dundee Rd Northbrook, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Single‑story office condo in Northbrook, IL within a 19‑building master plan office development; 5,295 SF building currently split into four suites: 2,171 SF, 1,100 SF, and two 1,012 SF spaces; Leases are mostly shorter term, giving an owner options to combine suites for use and/or re‑tenant
