1535 Lake Cook Road

Northbrook Court Professional Plaza is located in Northbrook, Illinois (the”Property”). The Property consists of six, freestanding buildings with a total of 74,040-square-feet of medical office space. The Property is currently leased to 18 tenants, representing 86% of the total leasable area (SF). Suncloud Holdings, representing 33.3% of the Property’s leased square footage and 39.0% of the total rent, is operating under a brand new, long-term lease with 10 years of term remaining. In addition to Suncloud, the Property’s tenant mix provides a diverse set of medical tenants, providing investors with a healthy, stable cash flow.

The Property is located in Northbrook, Illinois, a North Shore suburb of Chicago positioned on the northern edge of Cook County. Northbrook Court Professional Plaza is directly south of Northbrook Court – a one million square foot shopping mall, anchored by Neiman Marcus, serving the North Shore suburbs of Chicago. Northbrook combines lower residential property taxes with outstanding access to Downtown Chicago through its proximity to I-90 and I-94, which has fostered excellent demographics over the last thirty years. In a three-mile radius of the Property, there are 71,404 residents with an average household income of $226,607. The dense, affluent demographics of Northbrook are ideal for these tenants and demonstrate the quality of the Property’s real estate. Additionally,  the Property enjoys outstanding access through its proximity to I-94 & I-294 – connecting the Property to the remainder of the North Shore suburbs and Chicago to the southeast.

Dense, Affluent Demographics in North Shore Suburb
The Property is ideally located in Northbrook, Illinois- a North Shore suburb of Chicago.  Northbrook Court Professional Plaza is positioned on the north side of Northbrook, in close proximity to Deerfield, Highland  Park, and Glencoe – premier cities in the North Shore and well known for their popularity and affluence. Northbrook has a dense and affluent population, with 71,404 residents with an average household income of $226,607 in a three-mile radius. The location of the Property is easily accessible for the patients of Northbrook Professional Plaza tenants, as well as the doctors themselves.

Adjacent to Northbrook Court Mall
The Property is directly south of the Northbrook Court Mall – a one million square foot shopping mall serving the North Shore. The mall is anchored by Neiman Marcus and AMC Theaters and contains 125 stores and services. Positioned just off of Lake Cook Road, a major retail thoroughfare of Northbrook, the Property is surrounded by a variety of nationally recognized retailers – demonstrating the quality of the Property’s real estate.

Private Entrances for Medical Tenants
The Property includes private entrances, a specifically beneficial feature for medical tenants – offering increased privacy for each tenant’s patients.

Diverse Tenant Mix
The Property is currently leased to 19 tenants, leasing 86% of the 74,040-square-feet of total leasable area. The Property offers a diverse set of medical tenants that have staggered lease expirations, providing stability for investors.

Outstanding  Access to Major Arterials
In close proximity to the Property are I-94 and I-294, providing the Property and its patients easy access to the site. These freeways connect the Property to the remainder of the North Shore, as well as downtown Chicago to the southeast.

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