Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3800 Kiess Dr Glenview, IL 60026

    View on Map
    Sponsored
    Picture of Residential land & home lots at Kiess Dr 3800, Glenview, IL
    For Sale
    $399,900

    LAND - Glenview, IL

    Lot size:
    0.37 Acres
    Days on Market:
    31
    Last Refresh:
    Mar 12 at 3:06 am

    Property Features for 3800 Kiess Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    04204010440000
    Lot size
    0.37 Acres

    We can help!

    Listing Contact
    Ryan Casper
    Ryan Casper

    eXp Realty, LLC (888) 574-9405

    Listing agent Ryan Casper (312) 888-9395

    Listing date Feb 9, 2026

    MLS# 12520370 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Glenview Lot Opportunity

    An exceptional opportunity awaits to build your dream home on this expansive 1/3 acre lot in one of Glenview's most desirable neighborhoods. This property offers the perfect canvas for a custom residence designed to your vision. It is ideal for builders seeking their next project or buyers ready to create a personalized home. The lot offers ample room for thoughtful design and outdoor living. The location is convenient, close to parks, shopping, dining, and everyday amenities. This is a sought-after address in Glenview with endless possibilities. The property includes stormwater detention, and all development proposals must receive final approval from the Village of Glenview. The lot size is 0.37 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glenview
    County
    Cook
    State
    Illinois
    Longitude
    -87.849566
    Latitude
    42.096629

    Nearby Similar for Sale

    • $949,000

      Glenview Automotive Repair Center

      Established automotive repair center in prime downtown Glenview location.
      1131 Waukegan Rd, Glenview, IL 60025
      View Details
    • $120,000

      Restaurant in Glen Oak Plaza

      Restaurant for sale with fixtures and equipment in Glenview.
      1417 Waukegan Rd, Glenview, IL 60025
      View Details
    • Contact for pricing
      48,991 SF

      Class A Glenview Office Building

      Two-story, 48,991 SF Class A office building in Glenview, IL.
      2601 Patriot Blvd, Glenview, IL 60026
      View Details
    • Contact for pricing

      Glenview Class A Office/Flex Building

      Two-story Class A office/flex building in North Shore Glenview.
      2500 Lehigh Ave, Glenview, IL 60026
      View Details
    • Contact for pricing

      Glenview Office Center Suites

      Office and medical suites available in Glenview near I-294.
      4200-4240 Commercial Way, Glenview, IL 60025
      View Details
    • Contact for pricing
      37,500 SF

      Glenview Office Building For Sale

      Glenview office building with ample parking and flexible lease terms.
      1245-1247 Milwaukee Ave, Glenview, IL 60025
      View Details
    • $1,225,000
      2,500 SF

      Glenview Executive Office Building

      Prime Glenview location, vacant, 2,500 sq ft.
      1154 Waukegan Rd, Glenview, IL 60025
      View Details
    • $1,225,000
      2,238 SF

      Glenview Commercial Building For Sale

      Prime Glenview Location, High Traffic Area
      1154 Waukegan Rd, Glenview, IL 60025
      View Details
    • $599,000
      1,653 SF

      Glenview Restaurant - Prime Location

      High-traffic retail space, sale or lease.
      1320 Waukegan Rd, Glenview, IL 60025
      View Details
    • $324,900
      27,000 SF

      Glenview Office Condo: Prime Location

      Exceptional Office Condo, Lease in Place
      2420 Ravine Way, Glenview, IL 60025
      View Details
    • Contact for pricing
      37,500 SF

      Glenview Office Building - 37,500 SF

      Prime Glenview Office Space, Flexible Lease Terms
      1245 Milwaukee Ave, Glenview, IL 60025
      View Details
    • $999,000
      2,645 SF

      Glenview Service Station Opportunity

      High-potential gas station, prime location.
      601 Greenwood Ave, Glenview, IL 60025
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Exceptional 1/3 acre lot in desirable Glenview neighborhood.
    Where is this residential land & home lot located?
    The property is located at 3800 Kiess Dr Glenview, IL.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Prime 1/3 acre lot in a desirable Glenview neighborhood.; - Opportunity to build a custom dream home.; - Served by top-rated schools.
    (312) 888-9395
    Request Owner's contact information
    3800 Kiess Dr Glenview, IL 60026
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3800 Kiess Dr
    Glenview, IL 60026
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3800 Kiess Dr Glenview, IL 60026
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Casper
    Ryan Casper
    Real Estate License ID: 475121977
    (312) 888-9395 (888) 574-9405 (312) 492-7900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!