Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1830 Techny Ct Northbrook, IL 60062
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1830 Techny Ct Northbrook, IL 60062

    View on Map
    • Office Units
    For Lease
    View Listing →
    Northbrook Office Space For Rent For Lease
    Contact for pricing

    Northbrook Office Space For Rent

    Office units in a two-story building with natural light.

    1830 Techny Ct, Northbrook, IL 60062
    View Listing
    Property ID
    US28-1566832
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Units

    Property Details for 1830 Techny Ct

    Property type
    Office Units
    Property subtype
    Commercial real estate

    Description

    Office units in two-story building. Attractive building with mature landscaping. Tons of windows, lots of natural light. Building is located on Techny Road, approximately two blocks East of Shermer Road. 3 miles from I-294 Interchange. 1 mile from Northbrook Metra Station (a 20-minute walk). Adjacent to Techny Prairie Park and Fields.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Northbrook
    County
    Adams
    State
    Illinois
    Longitude
    -87.8406
    Latitude
    42.1255

    Comparable in this City

    • $20 SF/Yr

      Class A Office Sublease

      Move-in ready, fully furnished office space in Northbrook.
      400 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $26 SF/Yr
      40,000 SF

      Northbrook Office Space For Rent

      Office space for rent near Shermer Road and METRA.
      1707 Shermer Rd, Northbrook, IL 60062
      View Details
    • $20 SF/Yr

      Functional Flex Space in Northbrook

      1,485 sq ft flex space with utilities included.
      640 Anthony Trl, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Office Space Overlooking Chicago Garden

      Office space with scenic views in Northbrook, Illinois.
      707 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $20 SF/Yr

      Northbrook Professional Office Suites Available

      Professional office suites for lease in Northbrook, Illinois.
      950 Skokie Blvd, Northbrook, IL 60062
      View Details
    • Contact for pricing
      1,986 SF

      Northbrook Office Space Available

      1986 sqft office space for rent in Northbrook, IL.
      500 Skokie Blvd, Northbrook, IL 60062
      View Details

    Similar Nearby for Sale

    • $675,000

      Northbrook Flex/Office Unit For Sale

      Flex/office unit in Northbrook Business Center with drive-in door.
      425 Huehl Rd, Northbrook, IL 60062
      View Details
    • $845,000

      Reimagined Boutique Office Space

      Refined, flexible workspace with modern finishes and convenient location.
      836 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $845,000

      Refined Boutique Office with Updates

      Impeccably reimagined office space with modern finishes and updates.
      836 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $685,000

      Northbrook Retail/Office Building For Sale

      Stand-alone retail/office building in Northbrook with high traffic exposure.
      1815 Dundee Rd, Northbrook, IL 60062
      View Details
    • $1,200,000

      Top-Tier Office Suite/Recording Studio

      High-end office suite and recording studio in Northbrook.
      636 Anthony Trl, Northbrook, IL 60062
      View Details
    • $749,000
      5,295 SF

      Northbrook Office Condo For Sale

      Office condo available for purchase in Northbrook, Illinois.
      666 Dundee Rd, Northbrook, IL 60062
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Northbrook Industrial Space For Lease

      Well-maintained 12,377 SF industrial space in Sky Harbor Business Park.
      3451-3453 Commercial Ave, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Northbrook Flex Building For Rent

      Multi-tenant flex building suitable for office, warehouse, showroom, sales/service.
      1910 Raymond Dr, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Northbrook Flex Space Available

      Flex space units available in rapidly growing Northbrook suburb.
      310 Melvin Dr, Northbrook, IL 60062
      View Details
    • $20 SF/Yr

      Functional Flex Space in Northbrook

      1,485 sq ft flex space with utilities included.
      640 Anthony Trl, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Northbrook Flex Space Available

      Multi-tenant flex building in Sky Harbor Business Park.
      3645 Woodhead Dr, Northbrook, IL 60062
      View Details
    • Contact for pricing

      Northbrook Commercial Space For Rent

      Commercial space in downtown Northbrook, near transportation and amenities.
      1200 Shermer Rd, Northbrook, IL 60062
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1830 Techny Ct
    Northbrook, IL 60062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!