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Winnetka Commercial Office Building Investment
For Sale
Contact for pricing
Pending

26-30 Green Bay Road, Winnetka, IL 60093

Freestanding office building leased to @properties with long-term lease.

Property Size4,970 SF
Days on Market131

Property Features for 26-30 Green Bay Road

General Information

Standard status Pending
Size 4,970 SF
Property subtype Office
Listing Agency: @properties Commercial Chicago
Listed By: Dan Stratis · License #IL 471015636
Source: Crexi
Added: Apr 12 Changed: Aug 15 Last Checked: Aug 20 at 9:46AM

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 @properties Commercial Chicago

Investment Insights

Based on property information with market context.

This investment opportunity features a 4,970 square foot free-standing commercial office building located at 26-30 Green Bay Road in Winnetka, Illinois. The property is leased to @properties, a real estate brokerage firm. A modified gross lease is in place that expires in June 2028, featuring 2.5% annual increases. @properties will sign an amendment to the lease at closing extending the base term for a full 7 years. Additionally, there are 3 five-year options to renew the lease. The tenant is responsible for real estate taxes exceeding $38,570.65 and all CAM charges. The net annual income is currently $159,847. Established in 2000, @properties has over 40 offices and 3,000 + agents throughout the Chicagoland area as well as in Michigan, Indiana, and Wisconsin. In 2020, it began franchising its brand throughout the country.

Key Highlights

  • Long‑term lease with @properties, expiring June 2028
  • Lease amendment extends the base term for 7 years, plus 3 five‑year renewal options
  • Net annual income of $159,847

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nail Salon Furniture & Home Goods Computer & Electronic Repair

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

588
Businesses Nearby

Demographics for 60093, IL

20,691
Population
7,833
Households
2.6
Avg Household Size
42
Median Age
82%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,463
Density / Sq Mi
$230,777
Median Household Income
$90,290
Median Earnings
$1,840
Median Rent
$1,073,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building leased to @properties with long-term lease.
Where is this office building located?
The property is located at 26-30 Green Bay Road Winnetka, IL.
What are key features of this property?
This property features: Long‑term lease with @properties, expiring June 2028; Lease amendment extends the base term for 7 years, plus 3 five‑year renewal options; Net annual income of $159,847
(312) 505-1610 Call to check price and availability
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