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    Property profile & analytics

    120 Lake St Northlake, IL 60164

    • Industrial properties
    • 27,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • XC performance / Corporate Office

    Property Details for 120 Lake St

    Property size
    27,000 SF
    Property type
    Industrial properties
    Property subtype
    Manufacturing properties

    Description

    This exceptional industrial property, located at 120-124 West Lake Street in Northlake, Illinois, offers a prime manufacturing opportunity. The single-story building encompasses a substantial 27,000 square feet of space, with a minimum divisible unit of 4,500 square feet, perfect for a variety of manufacturing needs. The building boasts a generous 16-foot ceiling height, providing ample room for operations and storage. Situated in Cook County, this property benefits from excellent accessibility to major transportation arteries, including Interstate 290 and Interstate 294, ensuring efficient logistics and convenient commutes. The property features high visibility from Lake Street, offering significant marketing potential. The building is currently configured for multiple tenants. This is an ideal location for businesses seeking a well-maintained, strategically located industrial space in a thriving area. The property's address is 120-124 West Lake Street, Northlake, IL 60164. The zip code is 60164.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northlake
    County
    Cook
    State
    Illinois
    Longitude
    -87.9097
    Latitude
    41.9038

    Comparable in this City

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      160 Champion Way, Unit 200

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      0.07 Acres

      80 Lk St

      INDUSTRIAL (GENERAL) • 0.07 Acres
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    120 Lake St
    Northlake, IL 60164
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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
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