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    Property profile & analytics

    1900 New Willow Rd Northfield, IL 60093-2940

    • Retail space
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $2,760,000
    Last Sale
    Jul 18, 2024
    $2,775,000
    Location Intelligence
    Property ID
    US28-2043349
    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

    • Chicago Motel / Hotel
    • Dunkin' / Fast Food Restaurant / Takeout Restaurant
    • Imperial Nails & Spa / Nail Salon
    • Northfield Property Management Co / Business Administration Service
    • Kenny the Cleaner / Dry Cleaner

    Property Details for 1900 New Willow Rd

    Lot size
    0.73 lot acres
    Property type
    Retail space
    APN
    04-24-413-078
    APU
    424413078

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,800,000
      6.5%
      $2,630,000
      7%
      $2,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,690,000
      Geo Method
      $2,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,535,000
      Retail
      $2,520,000
      Mixed-Use
      $3,165,000
      Hospitality
      $2,865,000
      Educational
      $2,750,000
      Residential Income
      $3,010,000
      Energy
      $2,860,000
      Income-Based Land
      $3,015,000
      Food Service
      $2,900,000

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Cook
    State
    Illinois
    Longitude
    -87.7734
    Latitude
    42.1012
    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
    $67,960
    $118,687
    $213,329
    $332,016
    -
    $474,748
    $853,316
    $1,328,064

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      383 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      383 Central Ave, Northfield, IL 60093-3004
      View Details
    • Value Estimation by Request
      0.01 Acres

      515 Lincoln Ave

      STORE, RETAIL OUTLET • 0.01 Acres
      515 Lincoln Ave, Winnetka, IL 60093-2509
      View Details
    • Value Estimation by Request
      0.15 Acres

      1741 Orch Ln, Unit 49

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      1741 Orch Ln, Northfield, IL 60093-3432
      View Details
    • Value Estimation
      $515,000
      0.06 Acres

      22 Grn Bay Rd

      STORE, RETAIL OUTLET • 0.06 Acres
      22 Grn Bay Rd, Winnetka, IL 60093-4049
      View Details
    • Value Estimation
      $2,850,000
      0.05 Acres

      1779 Willow Rd

      STORE, RETAIL OUTLET • 0.05 Acres
      1779 Willow Rd, Northfield, IL 60093-3437
      View Details
    • Value Estimation
      $2,865,000
      0.10 Acres

      1785 Willow Rd

      STORE, RETAIL OUTLET • 0.10 Acres
      1785 Willow Rd, Northfield, IL 60093-3437
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • New
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    • $2,300 /Mo
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      Northfield Retail Space For Lease

      47,113 SF retail space with dedicated parking.
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    • Contact for pricing
      2,100 SF

      Retail Space in Winnetka Center

      Retail space available in Jewel-Osco anchored shopping center.
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    • Contact for pricing
      8,000 SF

      Central Avenue Medical Office

      8,000 SF Medical Office in Northfield, IL
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    Northfield, IL 60093-2940
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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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