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Glenview Commercial Land Opportunity
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950 MILWAUKEE AVENUE, Glenview, IL 60025

Visible 2.5-acre corner lot in Glenview, Illinois.

Property SizeContact for details
Lot Size2.50 Acres
Days on Market985

Property Features for 950 MILWAUKEE AVENUE

General Information

Standard status Active
Lot size 2.50 Acres
Property subtype Land, Office
Zoning B-2
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Sheryl Fisher · License #IL
Source: Crexi
Added: Dec 10, 2023 Changed: Aug 8 Last Checked: Jul 23 at 4:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

This commercial property presents an owner-user opportunity in Glenview, a Northshore community and suburb of Chicagoland. The property is situated on a corner lot of approximately 2.5 acres at the intersection of Milwaukee Avenue and Glenview Road (Dearlove Road), benefiting from high visibility with a daily traffic count of 26,000 vehicles. The property includes interior improvements and a newer parking lot surface with 120 spaces. A first-floor anchor tenant will provide a leaseback for two years, allowing time for a redevelopment plan (PUD) with the Village of Glenview in Illinois.

Key Highlights

  • High‑visibility corner location at Milwaukee Avenue & Glenview Road (Dearlove Road) with 26,000 daily vehicles.
  • Tremendous owner‑user opportunity in stable Glenview, a desirable Northshore community.
  • Potential for redevelopment plan (PUD) with the Village of Glenview.

Property Analytics

Current Use

Mediterranean Brands Big Box & Wholesale Store Kao Rachel H Law Firm Hanmi Travel Services Travel Agency Carelink Plus Inc. Community Center Tomislav Services, Inc. Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Spa & Massage Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby

Demographics for 60025, IL

41,256
Population
16,815
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
96%
High-School Grad
10.5 sq mi
ZIP Area
3,929
Density / Sq Mi
$119,639
Median Household Income
$59,789
Median Earnings
$1,705
Median Rent
$512,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Visible 2.5-acre corner lot in Glenview, Illinois.
Where is this commercial land located?
The property is located at 950 MILWAUKEE AVENUE Glenview, IL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: High‑visibility corner location at Milwaukee Avenue & Glenview Road (Dearlove Road) with 26,000 daily vehicles.; Tremendous owner‑user opportunity in stable Glenview, a desirable Northshore community.; Potential for redevelopment plan (PUD) with the Village of Glenview.
More about this property
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