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Property profile & analytics
OFF-MARKET
Retail space

200 Northfield Rd Northfield, IL 60093-3312

0.71 ac lot Built 1984
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US28-2314330
Property summary
AI-generated overview

This exceptional investment opportunity presents a 11,605 square foot, two-story multi-tenant office building located at 200 Northfield Road, Northfield, IL 60093. The property, built in 1985, boasts a desirable B-2 zoning classification and sits on a 0.71-acre lot. Currently 100% occupied across three units, this Class B building offers a strong value-add potential with a 5.00% cap rate and an asking price of $1,799,000 ($155.02/SF). The building features a unique design centered around a private courtyard, creating a pleasant business campus setting. Its convenient location is approximately half a mile from the Willow Road interchange for the 90/94 expressway, providing excellent accessibility. The address is situated south of Willow Road and north of Winnetka Avenue, a half-mile west of the 90/94 expressway. The property includes an indoor pool, adding a unique amenity. The building's multi-tenant structure, high occupancy rate, and strategic location make it an attractive investment for discerning buyers. The Cook County property features a total of 11,605 square feet across two stories and is categorized as both medical and traditional office space. The property's APN is 04-24-413-063-0000.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1984
Lot 0.71 ac (30,780 SF)
APN 04-24-413-063
UPID US28-2314330
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Northfield Vision Center Physician
  • Dr. Christopher Frohm Physician
  • Trio Med Spa Spa & Massage Center Alternative Medicine Practice
  • Berry Scuba & Swim School (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jareb LLC · 10 yrs held
Jareb LLC
since 2015
3 recorded transactions
2021
Price N/A
2021
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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