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    1220 Mdw Rd Northbrook, IL 60062

    Sponsored
    For Lease
    $40 SF/Yr

    Cook County, IL - 1,150 SF Available

    Lot size:
    18,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B medical office space, located in Cook County, offers a prime opportunity for healthcare professionals. The property, known as 1220 Meadow, comprises a single-suite building totaling 18,000 square feet, currently featuring one available suite of 1,150 square feet. This fully equipped space is ideal for a variety of medical practices and boasts a thoughtfully designed layout. The suite includes four examination rooms, a spacious waiting area designed for patient comfort, a dedicated nursing station/reception area for efficient patient flow, a private office for administrative tasks, and a convenient storage room. The building's multiple tenancy structure ensures a diverse and vibrant professional environment. The property's location in Cook County provides excellent access to major transportation routes and a strong patient base. This is a rare opportunity to secure a well-appointed medical office space in a desirable location. The 1,150 square foot suite is ready for immediate occupancy, allowing for a seamless transition and quick start to your practice. Serious inquiries are encouraged to explore this exceptional opportunity further. Contact us today to schedule a viewing and discuss your specific needs. The building's total square footage is 18,000 square feet.

    Property Features for 1220 Mdw Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,000 SF
    Class
    B
    Total Rate
    60000

    Unit(s) available at that property

    Space
    Suite 210
    Size
    1,150 SF
    Rate per SF
    $40

    HighLights

    • 18,000 SF Medical Office Building in Cook County.
    • Single‑tenant, Class B building with 1,150 SF of vacant space available.
    • Features 4 exam rooms, 1 office, large waiting area, nursing station/reception, and storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    Cook
    State
    Illinois
    Longitude
    -87.8286871
    Latitude
    42.1305059

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    FAQs

    What type of property is this?
    Medical office - Cook County, IL - 1,150 SF Available
    Where is this medical office located?
    The property is located at 1220 Mdw Rd Northbrook, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 18,000 SF Medical Office Building in Cook County.; Single-tenant, Class B building with 1,150 SF of vacant space available.; Features 4 exam rooms, 1 office, large waiting area, nursing station/reception, and storage.
    Request Owner's contact information
    1220 Mdw 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
    1220 Mdw Rd Northbrook, IL 60062
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