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    1154 Waukegan Rd Glenview, IL 60025

    Sponsored
    For Sale
    $1,225,000

    Prime Glenview location, vacant, 2,500 sq ft.

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,500-square-foot executive office building is ideally situated in Glenview, Illinois, at the bustling intersection of Waukegan Road and Grove Street. The property boasts a prime location within the heart of Glenview's commercial corridor, ensuring high visibility and accessibility. This single-story, free-standing building sits on a sizable 10,500-square-foot lot and offers ample front and rear parking for both clients and staff. The building is currently vacant, presenting a unique opportunity for a variety of businesses. Its D-D mixed-use zoning allows for diverse uses, including medical practices (doctors, dentists), professional services (accountants, attorneys), retail establishments, and many other possibilities. The property benefits from its proximity to public transportation, major roads, interstates, and other northwest suburban villages. The high traffic count and pedestrian activity in this strong commercial area guarantee significant exposure. The asking price is $1,225,000, and the 2022 annual real estate taxes were $20,500. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving market. The lease type is Net-Net.

    Property Features for 1154 Waukegan Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,500 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime Glenview location at Grove St. intersection in Waukegan's commercial corridor.
    • Single‑story, free‑standing building.
    • Mixed‑use (D‑D) zoning.
    • Ample front and rear parking.
    • Suitable for various uses, including medical, professional, and retail businesses.
    • Convenient public transportation access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ilirjan Cleaners & Taylors Dry Cleaner

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenview
    County
    Cook
    State
    Illinois
    Longitude
    -87.7991767
    Latitude
    42.0757348

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Glenview location, vacant, 2,500 sq ft.
    Where is this office property / space located?
    The property is located at 1154 Waukegan Rd Glenview, IL.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: Prime Glenview location at Grove St. intersection in Waukegan's commercial corridor.; Single-story, free-standing building.; Mixed-use (D-D) zoning.
    Request Owner's contact information
    1154 Waukegan Rd Glenview, IL 60025
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    Realmo Value Estimation

    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.

    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.

    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
    1154 Waukegan Rd Glenview, IL 60025
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