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Executive Financial Center 3175 Commercial Ave

29,291 SF 67% Leased Office Building Northbrook, IL 60062 $2,100,000 ($72/SF) 11.50% Cap Rate

Executive Summary

Seller willing to provide owner financing

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
29,291 SF
Building Class
B
Year Built/Renovated
1975/1985
Price
$2,100,000
Price Per SF
$72
Cap Rate
11.50%
NOI
$241,500
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,649 SF
Slab To Slab
12’
Building FAR
0.50
Lot Size
1.35 AC
Zoning
I-1 - Light industrial.
Parking
99 Spaces (3.41 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Property Manager on Site
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100 A
  • 1,536 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 200B
  • 3,997 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 A 1,536 SF Office - Now
2nd Fl-Ste 200B 3,997 SF Office - Now

1st Fl-Ste 100 A

Size
1,536 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 200B

Size
3,997 SF
Space Use
Office
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-05-105-006-0000
Land Assessment
$147,500
Improvements Assessment
$664,961
Total Assessment
$812,461
  • Listing ID: 33087766

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 3175 Commercial Ave, Northbrook, IL 60062

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