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Property profile & analytics
OFF-MARKET
Retail space

1154 Waukegan Rd Glenview, IL 60025-3046

0.23 ac lot Built 1965
Trust Owned 3-yr Hold Free & Clear
Property ID
US28-0987925
Property summary
AI-generated overview

This exceptional 2,500-square-foot executive office building is ideally situated in Glenview, Illinois, at the bustling intersection of Waukegan Road and Grove Street. The property boasts a prime location within the heart of Glenview's commercial corridor, ensuring high visibility and accessibility. This single-story, free-standing building sits on a sizable 10,500-square-foot lot and offers ample front and rear parking for both clients and staff. The building is currently vacant, presenting a unique opportunity for a variety of businesses. Its D-D mixed-use zoning allows for diverse uses, including medical practices (doctors, dentists), professional services (accountants, attorneys), retail establishments, and many other possibilities. The property benefits from its proximity to public transportation, major roads, interstates, and other northwest suburban villages. The high traffic count and pedestrian activity in this strong commercial area guarantee significant exposure. The asking price is $1,225,000, and the 2022 annual real estate taxes were $20,500. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving market. The lease type is Net-Net.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Lot 0.23 ac (10,094 SF)
APN 04-35-205-028
UPID US28-0987925
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ilirjan Cleaners & Taylors (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Iiirjan Zhubi Trust · 3 yrs held
Iiirjan Zhubi Trust
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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