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    Glenview Retail Space For Sale Title is generated by Realmo AI

    771 Milwaukee Ave, Glenview, IL 60025

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    6,630 SqFt retail space available in Glenview, Illinois.

    Type:Retail
    Property size:
    6,630 SF
    Price / SF:
    $226/SF
    Added:
    Mar 20, 2026
    Days on Market:
    101
    Last Refresh:
    Mar 20 at 8:54 pm

    Property Features for 771 Milwaukee Ave

    General Information

    Standard status
    Active
    Size
    6,630 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1989

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    Sunny Kim

    Listing office IProperties

    Listing date Mar 20, 2026

    Source Crexi

    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 IProperties

    HighLights

    • Retail Property
    • 6,630 SqFt of retail space
    • Year Built: 1989

    Overview

    This commercial property offers 6,630 square feet of retail space. The property is located in Glenview, Illinois.

    Local 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 $143.2k $21.60
    − Vacancy −$11.7k −$1.77
    EGI $131.5k $19.83
    − OpEx −$39.4k −$5.95
    NOI $92.0k $13.88
    6,630 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.31M
    $1.15M – $1.53M (±1% cap)
    NOI $92,025 @ 7.0% cap · market cap 6.14%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.29M
    $2.00M – $2.67M (±1% cap)
    NOI $160,233 @ 7.0% cap · market cap 10.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenview
    County
    Cook
    State
    Illinois
    Longitude
    -87.8526436
    Latitude
    42.0703406

    FAQs

    What type of property is this?
    Retail space - 6,630 SqFt retail space available in Glenview, Illinois.
    Where is this retail space located?
    The property is located at 771 Milwaukee Ave Glenview, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Retail Property; 6,630 SqFt of retail space; Year Built: 1989
    (847) 372-3347 Call to check price and availability
    More about this property
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