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Property profile & analytics

240 Saunders Rd Riverwoods, IL 60015

  • Office buildings
  • 6,434 SF
  • 0.84 lot acres
Value Estimation
Last Sale
Apr 16, 2025
Location Intelligence
Property ID
US28-2423625
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Carol Gore, LCSW / Social Worker
  • Connie Aburano, RN / Acupuncture Clinic
  • Gore Jerry Paul MD / Social Worker / General Practitioner
  • Healthy Living Store@The Center for Holistic Medicine / Vitamin & Supplements Store
  • Rick Bisceglie / Doctor

Property Details for 240 Saunders Rd

Year built
1997
Construction
BRICK
Lot size
0.84 lot acres
Property size
6,434 SF
Property type
Office buildings
APN
16-31-300-029
APU
1631300029

Description

This exceptional Class A medical center in Riverwoods, IL, presents a rare investment opportunity. The freestanding, newer construction building boasts 6,434 square feet on a 0.84-acre lot (36,972 sq ft), offering ample space and parking for 31 vehicles. The two-level building features a high-end medical build-out, including a secure entrance, cameras, and a modern elevator/lift. The first floor includes a welcoming foyer, reception area, large treatment/conference room with floor-to-ceiling windows, seven office/treatment rooms, two ADA-compliant bathrooms, and a supply room. The lower level offers six additional office/exam rooms, a spacious conference room/event area with abundant natural light, two ADA bathrooms, a full kitchen with wet bar, a utility room, and storage. The building is equipped with a recently installed roof, two well-maintained HVAC units (11,900 VPD), and a 200+ amp electrical system. Many offices enjoy large windows and high ceilings, creating a bright and open atmosphere. Ideally situated near the intersection of Lake Cook and Saunders Roads, and just two blocks from Interstate 294, this property benefits from excellent visibility and convenient access. Its O&RC zoning allows for a variety of commercial uses, including medical, dental, legal, financial, or technology businesses. The property's proximity to other professional offices and businesses, such as Amgen Inc. and Walgreens Corporate Headquarters, further enhances its appeal. This is a turnkey opportunity for a variety of uses, or redevelopment.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Riverwoods
County
Lake
State
Illinois
Longitude
-87.8849
Latitude
42.1577
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,956
$116,928
$121,959
$238,887
-
$350,819
$365,914
$716,733
More about this property
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