60 Revere DrNorthbrook, IL 60062

Property Details for 60 Revere Dr

Year built

1986

Lot size

8.31 AC

Property type

Retail space

APN

04-02-100-021

APU

402100021

Description

60 Revere Drive in Northbrook, Illinois, offers exceptional Class A office space for lease. This single-story, 116,000 square foot complex provides multiple tenancy options ranging from 700 to 5,746 square feet, ideal for businesses seeking executive, medical, traditional, or creative office environments. The building boasts numerous amenities including 24/7 access, individual HVAC control, high ceilings, and large windows, exceeding the typical office space. Accessibility is ensured through full ADA compliance and a fully sprinklered system. The property features newly landscaped grounds and asphalt parking lots, with on-site property management. Its prime location, two blocks from Northbrook Court and the Lake Cook Road & Edens Expressway (Rt-41) interchange, offers employees convenient access to dining, entertainment, and major commuter routes. The surrounding area experiences strong population growth, with over 157,000 residents within a 5-mile radius, and high daily traffic volume on Lake Cook Road. Tenants benefit from multiple entrances, facilitating social distancing and eliminating elevator sharing.

• CAP approach

  CAP return

  Valuation

  6%

  $160,175,856

  6.5%

  $147,854,624

  7%

  $137,293,584

• Comparable approach

  Method

  Valuation

  Relative Method

  $118,814,008

  Geo Method

  $118,814,008

• Alternative Use

  Use

  Valuation

  Residential

  $124,720,912

  Hospitality

  $114,243,688

  Educational

  $95,049,408

  Medical

  $98,318,304

  Retail

  $147,854,624

Location Insight

City

Northbrook

County

Cook

State

Illinois

Latitude

42.1499

Longitude

-87.8052

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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