1220 Mdw Rd Northbrook, IL 60062
- Retail space
- 0.82 lot acres
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
-
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