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    191 Waukegan Rd Northfield, IL 60093

    For Lease
    $26 SF/Yr

    Executive & Medical Suites Available

    Lot size:
    61,245 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional three-story office building, totaling 61,245 square feet, is situated at 191 Waukegan Road in Northfield, Illinois, zip code 60093. Built in 1983, the single building offers multiple tenancy options, catering to both executive office and medical office users. Currently, one suite of 1,174 square feet is immediately available. The building's strategic location provides convenient access to major transportation routes, enhancing its appeal to a diverse range of businesses and medical practices. The property presents a unique opportunity for businesses seeking modern, well-maintained office space in a thriving Northfield community. Its versatile design and ample square footage allow for customization to suit various operational needs. The building's solid construction and established presence in the area contribute to its long-term value and potential for growth. Interested parties are encouraged to inquire about available space and explore the possibilities this property offers. The building's prime location and flexible space make it an ideal choice for businesses seeking a prestigious address and a functional workspace. Further details regarding lease terms and specifications are available upon request. Don't miss this chance to secure your business's future in this desirable Northfield location.

    Property Features for 191 Waukegan Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,245 SF
    Total Rate
    132697.5

    Building Details

    Year Built
    83
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 350
    Size
    1,174 SF
    Rate per SF
    $26

    HighLights

    • Locally owned and managed.
    • High tenant satisfaction and retention.
    • 1983 construction, updated in the last 5 years.
    • Spacious two‑story lobby and professionally appointed common areas.
    • Ample onsite parking.
    • Multi‑tenant office building totaling 61,245 square feet with 1,174 square feet currently available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    North Shore Property ... Law Firm Shaw Md And Angelopoulos ... Neurologist The Davis Law Group, ... Criminal Justice Attorney Geoffrey Shaw M.D. Psychiatrist Handler Rachel Psychologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Cook
    State
    Illinois
    Longitude
    -87.79820511
    Latitude
    42.09696187

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    FAQs

    What type of property is this?
    Medical office - Executive & Medical Suites Available
    Where is this medical office located?
    The property is located at 191 Waukegan Rd Northfield, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Locally owned and managed.; High tenant satisfaction and retention.; 1983 construction, updated in the last 5 years.
    Request Owner's contact information
    191 Waukegan Rd Northfield, IL 60093
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    Northfield, IL 60093
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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
    191 Waukegan Rd Northfield, IL 60093
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