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Modern Office Building in Glendale

739 E North Ave, Glendale Heights, IL 60139

For Sale
$2,800,000
Pending

14,517 SF office building constructed in 2005, prime owner/user opportunity.

Property Size14,517 SF
Days on Market349

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 IL #475146577
Source: Illianahomesource
Added: Nov 28, 2025 Changed: Nov 9 Last Checked: Nov 10 at 11:53AM

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 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 (±1% cap)
NOI $200,166 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.96M
$3.46M – $4.62M (±1% cap)
NOI $277,093 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Freight Management, Inc Logistics Company

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

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

Market

Properties on Market for Office buildings in DuPage County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

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.
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