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Property profile & analytics

1220 Mdw Rd Northbrook, IL 60062

  • Retail space
  • 0.82 lot acres
Value Estimation
Location Intelligence
Property ID
US28-1368564
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

  • Retail space

Property Details for 1220 Mdw Rd

Year built
1979
Lot size
0.82 lot acres
Property type
Retail space
Property subtype
Storefront properties
APN
04-10-300-049
APU
410300049

Description

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.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $365,000
  • CAP approach

    CAP return
    Estimation
    6%
    $450,000
    6.5%
    $465,000
    7%
    $450,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $500,000
    Geo Method
    $410,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $410,000
    Retail
    $465,000
    Mixed-Use
    $395,000
    Hospitality
    $500,000
    Educational
    $495,000
    Residential Income
    $515,000
    Energy
    $505,000
    Income-Based Land
    $375,000
    Food Service
    $415,000

Location Insight

  • Map
  • Local Demand
City
Northbrook
County
Cook
State
Illinois
Longitude
-87.8288
Latitude
42.1305
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
2022
$113,733
$133,773
$379,494
$513,267
-
$535,092
$1,517,976
$2,053,068
More about this property
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