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Property profile & analytics

360 Melvin Dr Northbrook, IL 60062

  • Industrial properties
  • 1.27 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1885677
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

  • Industrial properties

Property Details for 360 Melvin Dr

Year built
1985
Lot size
1.27 lot acres
Property type
Industrial properties
APN
04-05-202-037
APU
405202037

Description

This exceptional Northbrook commercial property, situated on a 1.14-acre corner lot, offers a unique blend of office and warehouse space, totaling 16,670 square feet. The property boasts a substantial warehouse area constructed in 1986, featuring a generous 17-foot clear height, ideal for various storage and operational needs. The warehouse is equipped with unit heaters for climate control, a robust 400-amp electrical panel, an exterior loading dock for efficient material handling, and a convenient grade-level door. The original office structure, built in 1983, provides ample space for administrative functions and client interaction. The office area includes a welcoming reception/waiting area, a versatile showroom, a multi-purpose room suitable for meetings or training, eight individual offices for staff, and four bathrooms—including a full bathroom within the executive office. Employee comfort is further enhanced by a dedicated lunch/break room. The property's strategic corner lot location is highlighted by a prominent monument sign, ensuring excellent visibility and brand recognition. Ample parking is available with 30 spaces, including one designated handicapped-accessible space. Security and safety are prioritized with an installed security system and a comprehensive sprinkler system throughout the building. This property presents a rare opportunity to acquire a well-maintained and versatile commercial space in a highly desirable Northbrook location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $310,000

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


Location Insight

  • Map
  • Local Demand
City
Northbrook
County
Cook
State
Illinois
Longitude
-87.8515
Latitude
42.146
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
$53,520
$117,204
$120,344
$237,548
-
$468,816
$481,376
$950,192
More about this property
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