Entity Owned Property summary
AI-generated overview
Northbrook Executive Suites is a full-service office business center offering office spaces that range from approximately 200 to 3,500 square feet. The facility is configured for short-term office occupancy and includes furnished offices, fiber high-speed internet, telephony services, daily cleaning, mail acceptance, notary services, executive conference rooms, and an on-site copy center. The property is located adjacent to the Metra train line in downtown Northbrook, with walkable access to nearby restaurants and retail within about a 5-minute walk, including Graeter's Ice Cream, Napolita, Eataco, Landmark Inn, Oliverii, Basu Coffee & Vietnamese Eatery, Georgie V's, Francesca's North, Sunset Foods, Marcello's, and House 406.
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
2006
Total area
5,547 SF
Lot
0.25 ac (10,977 SF)
APN
04-10-304-001
UPID
US28-0177021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$460k
Owner & transaction history
since 2014
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Neighborhood: shopping center
$1.2M
+47.1%
Apartment house (5+ units)
$920,000
+11.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 31 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$460k
Value range
$414k – $506k
±10% around blend
Estimated value / SF
$83 / SF
Confidence
High
31 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$414k
blend $460k
$506k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,547 SF
Lot area
0.25 ac
Year built
2006
Stories
2
APN
04-10-304-001
Assessed value
$712,914
Annual tax
$157,973
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.19M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.29M
@ 6.5% CAP return
$1.19M
@ 7% CAP return
$1.10M
4
Sales comparison
Partial preview
Sales approach indication
$974k
Weighted, 20 comps · high confidence
Evidence
31 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.6 mi away · 3,905 SF
11.1 mi away · 6,100 SF
12.0 mi away · 6,100 SF
12.4 mi away · 6,200 SF
12.4 mi away · 6,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$460k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 2350 sales
$149
-44%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $83/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+47%
vs current-use indication
Apartment House (5+ Units)
Retail Stores · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 31 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$713k
Move the market yield to see immediate price impact.
Value / SF
$129
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$45k
$898k
$642k
$499k
$50k
$998k
$713k
$554k
$55k
$1.10M
$784k
$610k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
31 found
High confidence · county-verified
Closest comparable
$1.65M
5.9 mi · Apr 2026 · $266/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$157,973
Tax year 2022
Assessed value
$712,914
Assessed 2022
Previous assessed
$642,000
+11.0% YoY
Effective rate
22.16%
On assessed value
Assessed land
$41,163
Assessed improvement
$671,751
Land market value
$164,652
Improvement market value
$2,687,004
Total market value
$2,851,656
Applied tax rate
25,032.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
6
Total area
5,547 SF
Lot
0.25 ac (10,977 SF)
APN
04-10-304-001
UPID
US28-0177021
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
6
Lot
0.25 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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