Financial
Distress signals
Property profile

314 Happ Rd Northfield, IL 60093

FOR LEASE
Commercial real estate
Property ID
US28-1496763
1.53 ac lot Built 1976
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
314 Happ Rd, Northfield, IL 60093 For Lease
$29 SF/Yr 3,449 SF available
314 Happ Rd, Northfield, IL 60093
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Property summary

AI-generated overview

This exceptional retail property, located at 314 N Happ Rd in Northfield, Illinois, offers four available commercial spaces totaling 4,742 square feet. Each suite is individually divisible, with a minimum size of 938 square feet and a maximum contiguous space of 1,391 square feet. The property boasts a convenient and highly visible location, just one block west of Eden's Expressway (I-94), ensuring excellent accessibility for customers. A substantial parking lot with 48 spaces provides ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value$8k
Assessed land$8k
Assessed improvement$1
Effective rate21.26%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$6k
Operating expenses−$21k
NOI · 165,079.31% cap applied$48k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$430/SF
County average, outlier-cleaned · 1069 recorded sales of this use type
Observed band · Q1–Q3$140 – $917

Cap rate analysis

How does the asset earn?
165,079.31%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.7
Auto Repair Shop13.2
Dental Office12.8

Location

314 Happ Rd Northfield, IL 60093
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
542 Frontage, Winnetka, IL 60093 $75,000 Oct 2024 No data
800 Waukegan, Northfield, IL 60093 $1,037,500 Sep 2022 No data
510 Winnetka, Winnetka, IL 60093-4023 $700,000 Jun 2022 No data
287 Northfield, Northfield, IL 60093-3311 $1,350,000 Feb 2022 No data
195 Northfield, Northfield, IL 60093-3383 $2,500,000 Dec 2021 No data
1855 Willow, Northfield, IL 60093-2943 $650,000 Nov 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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