Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2420 Ravine Way Glenview, IL 60025

    Sponsored
    For Sale
    $324,900

    Exceptional Office Condo, Lease in Place

    Property size:
    27,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 27,000 square foot office condo is situated in Glenview's prestigious Colonial Center, within the North Shore Corporate Park. The self-contained unit presents a unique opportunity for investors seeking a blend of privacy and collaborative workspaces. The layout includes private offices, an open bullpen area, and a convenient kitchen. A current lease is in place, with an option to renew, providing immediate income potential. The property's location offers unparalleled convenience, being just steps away from shopping and the Metra train station, ensuring easy access for employees and clients. This prime location within Glenview's thriving business community makes it an attractive investment. The property is offered at $3,249,000, and seller financing is available, making this an accessible investment opportunity for qualified buyers. This sophisticated and strategically located office condo represents a compelling addition to any investment portfolio. The property is a condo, not a free-standing building, and sits on a zero-acre lot. This turnkey solution offers immediate occupancy and income potential, making it an ideal investment for discerning buyers. The existing lease and option to renew provide stability and a strong return on investment.

    Property Features for 2420 Ravine Way

    General Information

    Property type
    Residential income properties
    Square Feet
    27,000 SF

    Building Details

    Year Built
    2002
    Property Profile Location Intelligence

    Current Use by Public Records

    Dental Specialists of North ... Dentist South Loop Dental ... Dentist Monteith Michele Dr ... Dentist Meena T. Malhotra ... Internist Evergreen Home Health ... Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenview
    County
    Cook
    State
    Illinois
    Longitude
    -87.81171
    Latitude
    42.09953

    Nearby Similar for Sale

    • $3,100,000
      0.45 Acres

      Glenview Commercial Building For Sale

      11,000 SF commercial building with high visibility and frontage.
      1025 Waukegan Rd, Glenview, IL 60025
      View Details
    • $695,000

      Enhanced Townhome Near Glen Town

      Thoughtfully enhanced townhome near Glen Town Center with modern amenities.
      2171 Patriot Blvd, Glenview, IL 60026
      View Details
    • $1,050,000
      0.51 Acres

      Glenview Multifamily Investment Opportunity

      Six-unit apartment building in Glenview, fully occupied, great location.
      1725 Greenwood Rd, Glenview, IL 60025
      View Details
    • $210,000

      Glenview Two-Bedroom Condo for Sale

      Two-bedroom condo in Glenview with investment potential and convenient location.
      625 Quincy Bridge Ln, Glenview, IL 60025
      View Details
    • $660,000
      2,015 SF

      Glenview Three Bedroom Condo

      Three-bedroom condo with modern kitchen, fireplace, and heated garage.
      2700 Summit Dr, Glenview, IL 60025
      View Details
    • Contact for pricing
      20,000 SF

      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
    • $999,000
      2,645 SF

      Glenview Service Station Opportunity

      High-potential gas station, prime location.
      601 Greenwood Ave, 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
    • 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
    • $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

    FAQs

    What type of property is this?
    Residential income property - Exceptional Office Condo, Lease in Place
    Where is this residential income property located?
    The property is located at 2420 Ravine Way Glenview, IL.
    What is the asking price?
    The asking price for this property is $324,900.
    (630) 974-6750
    Request Owner's contact information
    2420 Ravine Way Glenview, IL 60025
    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.
    2420 Ravine Way
    Glenview, IL 60025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    2420 Ravine Way Glenview, IL 60025
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.