Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Glendale Heights Warehouse Space Available Title is generated by Realmo AI

    699 Regency Drive, Glendale Heights, IL 60139

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    47,350 SF warehouse space for lease in Glendale Heights.

    Type:Industrial
    Property size:
    98,500 SF
    Added:
    Nov 22, 2025
    Days on Market:
    180
    Last Refresh:
    Dec 3 at 5:32 am

    Property Features for 699 Regency Drive

    General Information

    Standard status
    Active
    Size
    98,500 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 699 Regency Drive Contact us

    We can help!

    Listing Contact
    Ernesto Guevara

    Listing agent Ernesto Guevara License #0769839

    Listing office Vive Realty LLC

    Listing date Nov 22, 2025

    Source Naiglobal

    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 Vive Realty LLC

    HighLights

    • Immediate access to I‑355 for easy commuting and logistics.
    • Located in High Grove Business Park, a premier business destination.
    • ±47,350 SF available within a ±98,500 SF total building.
    • Low DuPage County taxes.
    • Benefit from 22' clear height.
    • Features 5 dock doors and 1 drive‑in door.

    Overview

    Located in High Grove Business Park, this property offers approximately 47,350 square feet of available space within a total building size of approximately 98,500 square feet. The space includes 7,884 square feet of office area. It features 5 dock doors and 1 drive-in door, along with approximately 50 parking spaces for cars. The warehouse has a clear height of 22 feet and a power supply of 400 amps at 480 volts. The location provides immediate access to I-355 and benefits from low DuPage County taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FHC Marketing Advertising Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Advanced Moving & Storage, Inc — 490 Windy Point Dr #300, Glendale Heights, IL 60139
    • Prologis — 200 Regency Dr, Glendale Heights, IL 60139
    • Prime Storage — 325 Army Trail Rd, Glendale Heights, IL 60139
    • East Coast Moving And Storage — 570 mitchell rd, glendale heights, il 60139

    Location Insight

    • Map
    • Local Demand
    City
    Glendale Heights
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0675549
    Latitude
    41.9302204

    Nearby Similar for Lease

    • $14 SF/Yr
      14,517 SF

      Modern Office Building in Glendale

      14,517 SF office building in Glendale Heights, Illinois.
      739 North Avenue, Glendale Heights, IL 60137
      View Details
    • Contact for pricing
      114,913 SF

      Glendale Heights Sublease Opportunity

      114,913 SF Glendale Heights sublease available immediately.
      50-140 Exchange Blvd, Glendale Heights, IL 60139
      View Details
    • $17 SF/Yr
      750 SF

      Retail Space on Bloomingdale Road

      Retail property for rent with high visibility and diverse tenants.
      1558-1580 Bloomingdale Rd, Glendale Heights, IL
      View Details
    • Contact for pricing
      56,850 SF

      Glendale Heights Industrial Space Available

      56,850 SF industrial space with office component for lease.
      100 W Lake Dr, Glendale Heights, IL 60139
      View Details
    • $8 SF/Yr
      34,917 SF

      Single-Tenant Building Near I-355

      High-image building near I-355, low DuPage County taxes.
      1958 Brandon Ct, Glendale Heights, IL 60139
      View Details
    • $8 SF/Yr
      34,917 SF

      Single-Tenant Building Near I-355

      High-image building near I-355 in Glendale Heights, Illinois.
      Glendale Heights, IL 60139
      View Details
    • Contact for pricing
      47,350 SF

      Industrial Space in High Grove

      47,350 SF industrial space for lease with immediate access.
      699 Regency Drive, Glendale Heights, IL 60139
      View Details
    • Contact for pricing
      18,800 SF

      Manufacturing Facility in Glen Pointe

      18,800 SF manufacturing facility with office space for lease.
      121 Exchange Blvd, Glendale Heights, IL 60139-2095
      View Details
    • Contact for pricing
      75,005 SF

      Glendale Heights Warehouse Space Available

      High-visibility warehouse space with easy access to I-355.
      1 East North Avenue, Glendale Heights, IL, 60139
      View Details
    • Contact for pricing
      101,158 SF

      Glendale Heights Warehouse with Crane

      Warehouse space with crane, office, and convenient highway access.
      100 W Lake Dr, Glendale Heights, IL 60139
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space on Army Trail

      High-traffic shopping center with excellent tenant mix and accessibility.
      314 E Army Trail Rd, Glendale Heights, IL
      View Details
    • Contact for pricing
      1,024 SF

      Prime Commercial Space in Shorewood

      Modern office space with versatile layout and ample natural light.
      220 Channahon St, Shorewood, IL
      View Details

    FAQs

    What type of property is this?
    Warehouse - 47,350 SF warehouse space for lease in Glendale Heights.
    Where is this warehouse located?
    The property is located at 699 Regency Drive Glendale Heights, IL.
    What are key features of this property?
    This property features: Immediate access to I‑355 for easy commuting and logistics.; Located in High Grove Business Park, a premier business destination.; ±47,350 SF available within a ±98,500 SF total building.
    (317) 432-4813
    We can help!
    Listing Contact
    Ernesto Guevara
    Real Estate License ID: 0769839
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    699 Regency Drive, Glendale Heights, IL 60139
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!