Technical
Financial
Distress signals
Property profile

1416 Techny Rd Northbrook, IL 60062

OFF-MARKET
Other office properties
Property ID
US28-2189060
7.36 ac lot Built 2008
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This main-level office business condo is located in an all-brick building and is configured with eight furnished office suites, including two larger executive offices. The interior includes built-in desks and built-in storage/display shelving in many offices, along with two conference rooms, a reception area, and a waiting room area. The suite provides two handicap-accessible restrooms, an extra-long countertop area intended for project preparation with designated space for office equipment such as a copier/scanner/printer, and a kitchen area with a full-size side-by-side refrigerator, dishwasher, microwave, cabinet storage, and granite countertops. The space has two separate front-door entrances with two addresses, supporting flexible access, and it is part of the Riverpark Office Condo Association. Common-area services described for the association include exterior landscaping, snow removal, refuse pickup, and tenant/client parking; the building offers convenient access to nearby major roadways including the 294 Tollway and Edens Expressway.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 2008
Lot 7.36 ac (320,602 SF)
APN 04-15-200-031-4012
UPID US28-2189060

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Law Firm
  • Title Company
  • Sports Field & Court Sports School
  • Title Company

Location

1416 Techny Rd Northbrook, IL 60062-5447
Northbrook metro Census 801702 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2026
4 recorded transactions
2026
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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