Property profile

444 N Rand Rd North Barrington, IL 60010

FOR LEASE
Commercial real estate
Property ID
US28-2062066
2.05 ac lot
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class B medical office building, constructed in 2005, offers multiple suites for lease at 444 N Rand Road in North Barrington, Illinois. The property totals 10,694 square feet and currently has 5,494 square feet of vacant space available, divisible into units ranging from a minimum of 686 square feet to a maximum contiguous space of 2,747 square feet. The building features ample parking with a ratio of 4 spaces per 1,000 square feet. Located in Lake County, Illinois, zip code 60010, this property presents a fantastic opportunity for medical professionals seeking a well-maintained space. One suite is currently configured as a dental office, complete with existing gas, air, and water lines, allowing for a quick and efficient move-in. This turnkey solution minimizes setup time and maximizes operational efficiency. The building's convenient location and readily available space make it an ideal choice for a variety of medical practices. The address is 444 N Rand Road, North Barrington, IL 60010. Serious inquiries are encouraged to explore this exceptional opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.05 ac (89,298 SF)
APN 14-06-301-132
UPID US28-2062066

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

444 N Rand Rd North Barrington, IL 60010
North Barrington metro Census 864407 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2012
1 recorded transaction
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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