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Property profile & analytics

1512 Shermer Rd Northbrook, IL 60062-5353

  • Retail space
  • 6,560 SF
  • 0.46 lot acres
OFF-MARKET
Last Sale
Nov 19, 2024
$1,787,500
Value Estimations
$1,660,000
Show details
Cap Rate Potential
5.1%
Retail space
Location Intelligence
Property ID
US28-2262681
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

  • Isalis / Gift Shop / Boutique
  • Party City / Candy Store / Costume Store
  • Skunk Funk / Clothing Store / Corporate Campus
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

Property Details for 1512 Shermer Rd

Year built
1977
Lot size
0.46 lot acres
Property size
6,560 SF
Property type
Retail space
APN
04-09-416-069
APU
409416069

Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,790,000
    ML approach
    $1,790,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,520,000
    6.5%
    $1,400,000
    7%
    $1,300,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,598,000
    Market price range: $459k - $1.77M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,820,000
    NEIGHBORHOOD: SHOPPING CENTER
    $1,440,000
    APARTMENT HOUSE (5+ UNITS)
    $1,090,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Northbrook
County
Cook
State
Illinois
Longitude
-87.8296
Latitude
42.125
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
$47,911
$75,240
$140,976
$216,216
-
$300,960
$563,904
$864,864
More about this property
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