Financial
Distress signals
Property profile

3160 Commercial Ave Northbrook, IL 60062

FOR LEASE
Industrial properties
Property ID
US28-0374559
1.27 ac lot Built 1977
Last sale Sep 2014 · $1,565,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional Class A office space in Northbrook, IL, offers 5,500 square feet of move-in ready workspace within a larger 24,000 square foot building at 3160 Commercial Ave, zip code 60062. Located in Cook County, this single-suite property boasts six private offices, a furnished conference room, and a well-appointed lunchroom, all fully equipped and ready for immediate occupancy. The space includes existing furniture and workstations, eliminating the need for significant upfront…

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?
$74k
Tax billed · 2022
Assessed value$329k
Assessed land$118k
Assessed improvement$212k
Effective rate22.53%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$11k
Operating expenses−$15k
NOI · 363,825.00% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146

Cap rate analysis

How does the asset earn?
363,825.00%
$44k 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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.8
Catering Service8.5
Grocery Store8.4

Location

3160 Commercial Ave Northbrook, IL 60062
County assessor Recorded deeds · 7 transfers 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2905 Macarthur, Northbrook, IL 60062-2004 $1,513,000 Feb 2026 No data
1810 Skokie, Northbrook, IL 60062-4106 $4,000,000 Dec 2025 No data
3100 Commercial, Northbrook, IL 60062-1906 $4,775,000 Nov 2025 No data
3631 Commercial, Northbrook, IL 60062-1822 $6,750,000 Dec 2024 No data
3685 Woodhead, Northbrook, IL 60062-1816 $2,500,000 Nov 2024 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
Try Rey
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
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