707 Skokie BlvdNorthbrook, IL 60062

Property Details for 707 Skokie Blvd

Year built

1984

Lot size

5.67 AC

Property type

Office buildings

APN

04-02-424-034

APU

402424034

Description

This Class A, 17,025 square foot office building in Cook County offers a variety of workspace solutions. Located in Northbrook, overlooking scenic gardens and near the Chicago Botanic Garden, this property boasts a high-profile address with convenient access to major highways and O'Hare International Airport. The building underwent renovations in 2019 and features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Multiple tenancy options are available, including executive offices, coworking spaces, and creative office layouts, catering to diverse business needs. Amenities include elevators, a modern kitchen, and a friendly reception team. Flexible working plans are offered, ranging from private, fully furnished offices tailored to individual company needs, to coworking spaces, meeting rooms (available for hourly or multi-day bookings), and virtual office options with mail handling and virtual assistant services. The building also provides a benefits program with exclusive discounts and procurement support. Whether your business requires a single desk or hundreds, this location offers a professional, inspiring, and collaborative work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $74,346,568

  6.5%

  $68,627,600

  7%

  $63,725,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $32,169,796

  Geo Method

  $32,169,796

• Alternative Use

  Use

  Valuation

  Residential

  $85,098,224

  Hospitality

  $77,949,512

  Educational

  $64,853,080

  Medical

  $67,083,476

  Retail

  $100,882,568

Location Insight

City

Northbrook

County

Cook

State

Illinois

Latitude

42.14

Longitude

-87.7919

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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