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    912 Hwy Fox River Grove, IL 60021

    Sponsored
    For Sale
    $372,000

    1,425 SF Medical Office - Available Now

    Property size:
    1,425 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 1,425-square-foot medical office suite, built in 2004, is located at 912 W Northwest Hwy Suite-204, Fox River Grove, IL 60021, in Cook/Lake County. Currently available for sale at $372,000 ($261.05/sq ft) or lease as a Triple Net (NNN) property. The NNN lease includes a base rent of $17.00 per square foot annually, plus $3.89 in common area maintenance (CAM) and $5.77 in taxes per square foot. The space is adaptable to various medical practices

    Property Features for 912 Hwy

    General Information

    Property type
    Medical offices
    Square Feet
    1,425 SF

    Building Details

    Year Built
    2004

    HighLights

    • Sale or lease available.
    • Triple‑net lease.
    • Asking rent: $17.00 per square foot annually.
    • CAM charges: $3.89 per square foot annually.
    • Annual property taxes: $5.77 per square foot.
    • 1,425 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Fox River Grove
    County
    Cook/Lake
    State
    Illinois
    Longitude
    -88.2120315
    Latitude
    42.1976923

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    Nearby Similar for Sale

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      Freestanding Medical Office Near Jewel-Osco

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    FAQs

    What type of property is this?
    Medical office - 1,425 SF Medical Office - Available Now
    Where is this medical office located?
    The property is located at 912 Hwy Fox River Grove, IL.
    What is the asking price?
    The asking price for this property is $372,000.
    What are key features of this property?
    This property features: Sale or lease available.; Triple-net lease.; Asking rent: $17.00 per square foot annually.
    Request Owner's contact information
    912 Hwy Fox River Grove, IL 60021
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    Fox River Grove, IL 60021
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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
    912 Hwy Fox River Grove, IL 60021
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