Financial
Distress signals
Property profile

240 Saunders Rd Riverwoods, IL 60015

OFF-MARKET
Office buildings
Property ID
US28-2423625
6,434 SF 0.84 ac lot Built 1997
Last sale Apr 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$239k
Assessed land$117k
Assessed improvement$122k
Effective rate8.77%

Value estimate

· Sep 2026
$390k
$351k – $429k
CAP approach$1.46M
Submarket $/SF estimate$760k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$61 – $193

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.9
Auto Repair Shop12.1
Auto Parts Store11.9

Location

240 Saunders Rd Riverwoods, IL 60015-3835
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20276 Wilmot, Deerfield, IL 60015-5146 $5,100,000 Dec 2024 2,090 SF
710 Est, Deerfield, IL 60015-4877 $1,700,000 Apr 2022 14,677 SF
448 Lk Cook, Deerfield, IL 60015-4960 $850,000 Jun 2021 18,856 SF
302 Saunders Rd, Riverwoods, IL 60015-3897 $553,216 Dec 2020 6,200 SF
302 Saunders Rd, Riverwoods, IL 60015-3897 $2,100,000 Dec 2020 7,465 SF
2201 Lakeside, Bannockburn, IL 60015-1265 $3,720,000 Feb 2020 20,284 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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