Property profile & analytics
480 Central Ave Northfield, IL 60093-3016
- Retail space
- 8,000 SF
- 0.61 lot acres
OFF-MARKET
Value Estimations
$905,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1032122
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
- Fresenius Medical Center #8590 / Medical Clinic
- Sherbourne Partners / Loan Service / Bank
- Adani Garage Doors / Hardware & Home Improvement / General Contractor
- Fresh Perspectives / Training Center
- Fresenius Kidney Care Northfield / Medical Clinic
Property Details for 480 Central Ave
- Year built
- 1966
- Lot size
- 0.61 lot acres
- Property size
- 8,000 SF
- Property type
- Retail space
- APN
- 04-24-211-019
- APU
- 424211019
Description
This 8,000-square-foot medical office building is situated on a 0.61-acre lot at 480 Central Avenue in Northfield, Illinois, zip code 60093. The single-tenant property, classified as Class C, was constructed in 1970 and features no elevators. Ideally suited for medical, office, or laboratory use, the building offers excellent accessibility. Its location along Route 94 provides convenient access for patients and staff. The property benefits from its proximity to major medical facilities, including Northshore Glenbrook Hospital (5.6 miles) and Advocate Lutheran General Hospital (9.9 miles). The building's location within the Central North submarket, specifically the North submarket cluster, offers a strategic position within the Northfield community. The property presents a unique opportunity for a medical practice or related business seeking a well-located, single-tenant space. The building's size and location make it an attractive option for a variety of medical uses. Further details regarding the property's specifics are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $966,000
- AI Estimate
- $617,000
Market price range: $560k - $2.16MMarket price range: $336k - $1.23M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,195,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,330,000 Change: +11% Conversion: Difficult
- OFFICE BUILDING
- $1,070,000 Change: -10% Conversion: Easy
- AUTO REPAIR, GARAGE
- $970,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Northfield
- County
- Cook
- State
- Illinois
- Longitude
- -87.7713
- Latitude
- 42.1047
- 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
$26,777
$99,000
$31,819
$130,819
-
$396,000
$127,276
$523,276
