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    500 Zenith Dr Glenview, IL 60025

    Sponsored
    For Lease
    $13 SF/Yr

    Modern Flex Space, Chicagoland Location

    Lot size:
    37,992 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Glenview, Illinois flex space offers a unique opportunity for businesses seeking versatile office and industrial space. Located at 500 Zenith Drive, 60025, this property boasts a total of 37,992 square feet across three single-story buildings, built in 1988 and classified as Class B. The property sits on 2.55 acres of land and features a flexible layout with multiple suites, allowing for customization to suit various business needs. Units range from a minimum of 350 square feet to a maximum contiguous space of 1,063 square feet, with a total of 3,117 square feet currently vacant. The property offers ample parking with 140 surface spaces. The zoning is I-2, Glenview, and the submarket is Chicagoland, providing excellent access to major transportation routes, including I-294. Utilities include 200-amp power. The building does not have elevators. Property taxes are $3.64 per square foot. This property is ideal for businesses seeking a blend of office and industrial space in a prime Chicagoland location. The asking rate is $13.95 per square foot, modified gross. The minimum divisible space is 350 square feet.

    Property Features for 500 Zenith Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,992 SF
    Class
    B
    Total Rate
    44165.7

    Building Details

    Year Built
    1988
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 546
    Size
    2,100 SF
    Space
    Unit 521
    Size
    771 SF
    Rate per SF
    $13
    Space
    Unit 501
    Size
    1,525 SF
    Rate per SF
    $167

    HighLights

    • Excellent I‑294 accessibility.
    • Close proximity to O'Hare International Airport and Downtown Chicago.
    • Convenient access to Forest Preserve trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Oh Happy Day ... Event Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenview
    County
    Cook
    State
    Illinois
    Longitude
    -87.866029
    Latitude
    42.065581

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, Chicagoland Location
    Where is this flex space located?
    The property is located at 500 Zenith Dr Glenview, IL.
    What is the lease rate?
    The lease rate is $0.00-$167 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-294 accessibility.; Close proximity to O'Hare International Airport and Downtown Chicago.; Convenient access to Forest Preserve trails.
    Request Owner's contact information
    500 Zenith Dr Glenview, IL 60025
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    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
    500 Zenith Dr Glenview, IL 60025
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