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    1649 Buffalo Grove Rd Buffalo Grove, IL 60089

    • Commercial real estate
    • 1.84 lot acres
    For Lease
    View listing
    $21 SF/Yr
    Value Estimation
    $3,510,000
    Location Intelligence
    Property ID
    US28-3412518
    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

    • Gloria Lin, 5I5J Realty CO LTD / Real Estate Agent
    • 5i5j Realty / Real Estate Agency
    • Julie Tang | 5i5j Realty | Buffalo Grove Real Estate Agent / Real Estate Agent

    Property Details for 1649 Buffalo Grove Rd

    Lot size
    1.84 lot acres
    Property type
    Commercial real estate
    APN
    15-28-101-079
    APU
    1528101079

    Description

    This exceptional retail opportunity is located at 1649 N Buffalo Grove Rd, Buffalo Grove, IL 60089, within the Shops at Aptakisic Creek. The property, built in 2000, offers a single-story, 12,721 square foot neighborhood center ideal for medical or professional service businesses. Currently, 2,100 square feet of contiguous space is available for lease, with a minimum leasable area of 1,000 square feet. The maximum contiguous space available is 2,100 square feet. This is the last available space in this highly desirable location. The center is situated at the recently improved intersection of Buffalo Grove Road and Aptakisic Parkway, ensuring high visibility and accessibility for your business. Located in Lake County, Illinois, this property benefits from its position in the affluent Buffalo Grove community. The property's convenient location and ample space make it an excellent choice for businesses seeking a prominent presence in a thriving market. Don't miss this chance to secure your place in this successful retail center. Contact us today to learn more about leasing this exceptional space.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.9649
    Latitude
    42.1811
    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
    $66,699
    $226,725
    $458,639
    $685,364
    -
    $680,243
    $1,376,055
    $2,056,298

    Comparable in this City

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      850 Asbury Dr, Buffalo Grove, IL 60089-4520
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      2.83 Acres

      900 Busch Pkwy

      COMMERCIAL (GENERAL) • 2.83 Acres
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    1649 Buffalo Grove Rd
    Buffalo Grove, IL 60089
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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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