Brick End Unit Retail
New
For Sale
$350,000
611 Milwaukee Avenue #101, Glenview, IL 60025
Brick end unit storefront in a high-traffic building with flexible interior layout and ample on-site parking.
Days on Market3
Property Features for 611 Milwaukee Avenue #101
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
End Cap
Yes
Building Details
Building Size
1,394 SF
Year Built
2009
Construction
brick
Listing Agency:
Keller Williams Preferred Rlty
(708) 798-1111
Listed By:
Jamie Lemmons-Svoboda · License #475162394
(708) 798-1111
Source:
Perillorealestategroup
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 12:29PM
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 Keller Williams Preferred Rlty
Investment Insights
Based on property information with market context.
This solid brick end unit retail storefront is located in a high-traffic building and is designed for flexible use. The durable brick exterior provides a durable street-facing presence, and the interior layout can be customized to support a variety of business operations.
The property includes ample on-site parking to support employees and customers, along with strong visibility and accessibility. This combination of convenience and exposure can work well for businesses looking for an adaptable space in a busy setting.
Built in 2009, the storefront offers a practical foundation for an owner-operator or tenant seeking a retail-ready space at 611 Milwaukee Avenue #101 in Glenview, IL 60025.
The property includes ample on-site parking to support employees and customers, along with strong visibility and accessibility. This combination of convenience and exposure can work well for businesses looking for an adaptable space in a busy setting.
Built in 2009, the storefront offers a practical foundation for an owner-operator or tenant seeking a retail-ready space at 611 Milwaukee Avenue #101 in Glenview, IL 60025.
Key Highlights
- Solid brick end unit storefront in a high‑traffic building
- Flexible interior layout to support a variety of business uses
- Ample on‑site parking for employees and customers
Financial Insights For Retail
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 | $30.1k | $21.60 |
| − Vacancy | −$2.5k | −$1.77 |
| EGI | $27.6k | $19.83 |
| − OpEx | −$8.3k | −$5.95 |
| NOI | $19.3k | $13.88 |
1,394 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$276.4K
$241.9K – $322.5K
NOI $19,349 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.3K
$421.1K – $561.5K
NOI $33,690 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 36%
Paris Baguette
Dining
16,458 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,385 visits/mo
0.2 miles
BP
Shops & Services
4,466 visits/mo
0.3 miles
Kung Fu Tea
Dining
4,350 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Everyday Floral Creations — 611 milwaukee ave, glenview, il 60025
Frequently Asked Questions
What type of property is this?
Storefront property - Brick end unit storefront in a high-traffic building with flexible interior layout and ample on-site parking.
Where is this storefront property located?
The property is located at 611 Milwaukee Avenue #101 Glenview, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Solid brick end unit storefront in a high‑traffic building; Flexible interior layout to support a variety of business uses; Ample on‑site parking for employees and customers
