Turnkey Office Condo with Glass Conference
For Sale
$549,000
2640 Patriot Boulevard #130, Glenview, IL 60026
Move-in ready office condo with reception, collaborative workspace, and a glass-enclosed conference room.
Property Size1,947 SF
Price / SF$281.97
Days on Market80
Property Features for 2640 Patriot Boulevard #130
General Information
Standard status
Active
Size
1,947 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Office Units
1
Amenities
conference room
kitchen/break area
security/alarm infrastructure
smart thermostat system
water fountain
Building Details
Building Size
1,950 SF
Year Built
2005
Listing Agency:
Compass
(773) 482-1917
Listed By:
Carmen Salerno
(773) 482-1917
Source:
Birdrealtysells
Added: May 13
Changed: Jul 31
Last Checked: Jul 31 at 6:53AM
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 Compass
Investment Insights
Based on property information with market context.
This turnkey office condo offers a fully built-out professional space designed for immediate occupancy. Approximately 1,947 SF includes a welcoming reception area, expansive collaborative workspace, a stunning glass-enclosed conference room, two private offices, a contemporary kitchen/break area, and a storage/utilities room. The unit also features two updated restrooms. Interior improvements include luxury vinyl flooring, modern cabinetry and finishes, updated mechanicals, and a smart thermostat system. Security and alarm infrastructure are also in place. High exposed ceilings, designer lighting, sleek glass accents, and abundant natural light support a boutique office feel. A water fountain is included. Custom tables and workstations are excluded from the sale.
Built in 2005, the property is located at 2640 Patriot Boulevard #130 in Glenview, IL 60026, with convenient access to I-94 and I-294, as well as nearby restaurants, retail, and surrounding business districts.
Well-suited for owner-users or investors seeking a modern, operational office layout without additional renovation or downtime.
Built in 2005, the property is located at 2640 Patriot Boulevard #130 in Glenview, IL 60026, with convenient access to I-94 and I-294, as well as nearby restaurants, retail, and surrounding business districts.
Well-suited for owner-users or investors seeking a modern, operational office layout without additional renovation or downtime.
Key Highlights
- Approximately 1,947 SF fully built‑out office condo
- Glass‑enclosed conference room plus two private offices
- Reception area and expansive collaborative workspace
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $24.48 |
| − Vacancy | −$11.9k | −$6.10 |
| EGI | $35.8k | $18.38 |
| − OpEx | −$8.9k | −$4.60 |
| NOI | $26.8k | $13.79 |
1,947 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$383.5K
$335.6K – $447.4K
NOI $26,846 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$672.2K
$588.2K – $784.3K
NOI $47,055 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
Explore this area
Business Placement
Demographics for 60026, IL
14,518
Population
5,932
Households
2.4
Avg Household Size
49
Median Age
68%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
3,541
Density / Sq Mi
$157,712
Median Household Income
$97,530
Median Earnings
$1,983
Median Rent
$663,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office condo with reception, collaborative workspace, and a glass-enclosed conference room.
Where is this office units located?
The property is located at 2640 Patriot Boulevard #130 Glenview, IL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Approximately 1,947 SF fully built‑out office condo; Glass‑enclosed conference room plus two private offices; Reception area and expansive collaborative workspace
