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Glenview Two-Bedroom Condo for Sale
For Sale
$195,000

625 Quincy Bridge Lane #301, Glenview, IL 60025

Two-bedroom condo in Glenview with investment potential and convenient location.

Property Size1,179 SF
Days on Market329

Property Features for 625 Quincy Bridge Lane #301

General Information

Standard status Active
Size 1,179 SF
Property subtype Condominium

Amenities

Central Air
Forced Air
Natural Gas
Range
Dishwasher
Refrigerator
Range Hood
Deck

Building Details

Building Size 1,179 SF
Year Built 1987
Listing Agency: RE/MAX Suburban
Listed By: Cherie Smith Zurek · License #471003036
Source: Kw
Added: Nov 10, 2025 Changed: Sep 22 Last Checked: Oct 4 at 8:36AM

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 RE/MAX Suburban

Investment Insights

Based on property information with market context.

This two-bedroom, one-bathroom unit is located in the Quincy Bridge subdivision. Situated on the third floor, the home features wood laminate flooring throughout the open-concept living and dining areas. A private balcony offers an outdoor space. The kitchen provides opportunities for updates. Both bedrooms are generously sized and feature ample closet space. The property includes two exterior parking spaces and has no rental restrictions. It is located within an award-winning school district and is near shopping, dining, and entertainment.

Key Highlights

  • Prime Glenview location in the sought‑after Quincy Bridge subdivision.
  • Excellent investment potential with no rental restrictions.
  • Two exterior parking spaces included.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,677
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,540 $273.5K
Cap Rate 7%
$195,386 $195.4K
Cap Rate 9%
$151,967 $152.0K
Market Conditions
NOI Build-Up for 1,179 SF
Gross rent
$26.7K $22.68/SF
− Vacancy
−$1.9K −$1.59/SF
EGI
$24.9K $21.09/SF
− OpEx
−$11.2K −$9.49/SF
NOI
$13.7K $11.60/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,540
Cap Rate 7%
$195,386
Cap Rate 9%
$151,967

Alternative Uses

Best Use
Apartment 5plus
$195.4K
$171.0K – $228.0K (±1% cap)
NOI $13,677 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.1K
$356.2K – $474.9K (±1% cap)
NOI $28,494 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Ash Ln. Northbrook,IL Housing Development

Suggested Use

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

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

679
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom condo in Glenview with investment potential and convenient location.
Where is this apartment building located?
The property is located at 625 Quincy Bridge Lane #301 Glenview, IL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Prime Glenview location in the sought‑after Quincy Bridge subdivision.; Excellent investment potential with no rental restrictions.; Two exterior parking spaces included.
More about this property
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