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Property profile & analytics
FOR LEASE
Office buildings
9933 Lawler Ave, Skokie, IL 60077
Entity Owned
8-yr Hold
Property ID
US28-2651811
For Lease
1 / 3
$20 SF/Yr
9933 Lawler Ave, Skokie, IL 60077
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Property summary
AI-generated overview
The Westmoreland Building is a 6-story professional office building available for lease in Skokie adjacent to Old Orchard Mall situated on I-94 (Edens Expressway) at the 4-way Old Orchard Road interchange. The property is ideally situated for medical and service companies who desire convenient access, public transportation and access to over 170 retailers, boutiques, restaurants and community attractions at Westfield Old Orchard. Public transportation is available via #54A, #205 & #422 CTA & Pace buses. The Chicago Transit Authority' s Yellow Line (Skokie Swift) train system is proposed to extend to the parking lot just west of the property. •Niche.com ranked A+, #57 in best places to live in Illinois •Population and commercial growth in Skokie have continued steadily since the post-war baby boom, making it one of the largest Chicago suburbs.
Property profile
Verified
Property type
Office buildings
Year built
1978
UPID
US28-2651811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
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Quality Dental Castings Dental Office
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Jessie Kunnel, DDS - Kunnel Dental Center Dental Office
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David Center DDS Dental Office
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Chicagoland Endodontics Ltd Dental Office
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Dr. Robert A. Bressman, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mpc Acquisition Co I LLC · 8 yrs held
Mpc Acquisition Co I LLC
since 2018
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Skokie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Skokie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Status
For Lease
Year built
1978
UPID
US28-2651811
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Current owner
From public records · entity-resolved
Mpc Acquisition Co I LLC
Entity
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2018
—
Mpc Acquisition Co I LLC
Klairmont Family LLC
Quitclaim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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