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    444 Rand Rd North Barrington, IL 60010

    Sponsored
    For Lease
    $17 SF/Yr ($15,149 /Mo)

    10,694 SF Medical Office Building, Suites Available

    Lot size:
    10,694 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class B medical office building, constructed in 2005, offers multiple suites for lease at 444 N Rand Road in North Barrington, Illinois. The property totals 10,694 square feet and currently has 5,494 square feet of vacant space available, divisible into units ranging from a minimum of 686 square feet to a maximum contiguous space of 2,747 square feet. The building features ample parking with a ratio of 4 spaces per 1,000 square feet. Located in Lake County, Illinois, zip code 60010, this property presents a fantastic opportunity for medical professionals seeking a well-maintained space. One suite is currently configured as a dental office, complete with existing gas, air, and water lines, allowing for a quick and efficient move-in. This turnkey solution minimizes setup time and maximizes operational efficiency. The building's convenient location and readily available space make it an ideal choice for a variety of medical practices. The address is 444 N Rand Road, North Barrington, IL 60010. Serious inquiries are encouraged to explore this exceptional opportunity.

    Property Features for 444 Rand Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,694 SF
    Class
    B
    Total Rate
    15149.83

    Building Details

    Year Built
    2005

    Unit(s) available at that property

    Space
    Suite 2-101
    Size
    2,061 SF
    Rate per SF
    $17
    Space
    Suite 2-102
    Size
    686 SF
    Rate per SF
    $17
    Space
    Suite 2-101/102
    Size
    2,747 SF
    Rate per SF
    $17

    HighLights

    • Class B medical office building, 10,694 SF, 5,494 SF available for lease, divisible into 686‑2,747 SF units.
    • 444 N Rand Road, North Barrington, IL 60010 (Lake County, zip code 60010).
    • 4:1,000 parking ratio.
    • On‑site bank.
    • Existing dental suite with gas, air, and water.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Dental Office Clothing Store Kitchen & Bath Department Store Storage Facility Accounting Firm Discount Store Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Barrington
    County
    Lake
    State
    Illinois
    Longitude
    -88.1125284
    Latitude
    42.2333365

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    FAQs

    What type of property is this?
    Medical office - 10,694 SF Medical Office Building, Suites Available
    Where is this medical office located?
    The property is located at 444 Rand Rd North Barrington, IL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Class B medical office building, 10,694 SF, 5,494 SF available for lease, divisible into 686-2,747 SF units.; 444 N Rand Road, North Barrington, IL 60010 (Lake County, zip code 60010).; 4:1,000 parking ratio.
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    North Barrington, IL 60010
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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
    444 Rand Rd North Barrington, IL 60010
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