Modern Office Building in
For Sale
$2,800,000
Pending
739 E North Ave, Glendale Heights, IL 60139
14,517 SF office building constructed in 2005, prime owner/user opportunity.
Property Size14,517 SF
Days on Market296
Property Features for 739 E North Ave
General Information
Standard status
Pending
Size
14,517 SF
Property subtype
Commercial
Building Details
Year Built
2005
Listing Agency:
Sperry Van Ness
Listed By:
Olivia Czyzynski · License #475146577
(312) 676-1862
Source:
Illianahomesource
Added: Dec 28, 2025
Changed: Oct 1
Last Checked: Oct 19 at 6:57AM
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 Sperry Van Ness
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Investment Insights
Based on property information with market context.
Located at 739 North Avenue in Glendale Heights, IL, this 14,517 SF office building presents an owner/user opportunity. Constructed in 2005, the property features a modern design and functionality, providing ample office space. The building benefits from contemporary amenities and a well-maintained interior, enhanced by its curb appeal. Situated in Glendale Heights, the location provides access to dining, retail destinations, and green spaces. High-traffic thoroughfares and public transit options ensure connectivity for employees and visitors.
Key Highlights
- Modern 14,517 SF office building constructed in 2005.
- Prime owner/user opportunity.
- Strategic location in Glendale Heights with easy access to amenities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$200,166
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,003,320
$4.0M
Cap Rate 7%
$2,859,514
$2.9M
Cap Rate 9%
$2,224,067
$2.2M
Market Conditions
NOI Build-Up for 14,517 SF
Gross rent
$355.4K $24.48/SF
− Vacancy
−$88.5K −$6.10/SF
EGI
$266.9K $18.38/SF
− OpEx
−$66.7K −$4.60/SF
NOI
$200.2K $13.79/SF
Area
DuPage County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,003,320
Cap Rate 7%
$2,859,514
Cap Rate 9%
$2,224,067
Alternative Uses
Best Use
Office B
$2.86M
$2.50M – $3.34M
NOI $200,166 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.39M – $5.85M
NOI $350,844 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 60139, IL
33,196
Population
11,882
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
6,036
Density / Sq Mi
$81,996
Median Household Income
$41,752
Median Earnings
$1,558
Median Rent
$249,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - 14,517 SF office building constructed in 2005, prime owner/user opportunity.
Where is this office building located?
The property is located at 739 E North Ave Glendale Heights, IL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Modern 14,517 SF office building constructed in 2005.; Prime owner/user opportunity.; Strategic location in Glendale Heights with easy access to amenities.
