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    4200 Commercial Way Glenview, IL 60025

    Sponsored
    For Lease
    $14 SF/Yr

    Spacious Glenview offices, ideal location.

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Glenview Office Center, located at 4200 Commercial Way, Glenview, IL 60025, presents a compelling opportunity for businesses seeking office space in Cook County's Near North submarket. This single-story, Class C building, constructed in 1970, offers a total of 20,000 square feet across multiple tenancies. The property sits on a 4.53-acre lot and provides ample parking with 80 spaces. Currently, there are five available office suites ranging in size from 625 to 1,550 square feet, each boasting excellent existing conditions. The building's convenient location near I-294 offers easy access for employees and clients. While elevators are not present, the single-story design ensures convenient accessibility. This property is well-suited for a variety of office uses, including medical practices, given its prestigious Glenview address and the available suite sizes. The property is categorized as both Traditional and Executive Office space. This presents a unique opportunity to establish a presence in a desirable and easily accessible location within the North submarket cluster.

    Property Features for 4200 Commercial Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    C
    Total Rate
    23333.33

    Building Details

    Year Built
    1970
    Stories
    1

    Unit(s) available at that property

    Space
    4208
    Size
    1,250 SF
    Rate per SF
    $14
    Space
    4219
    Size
    625 SF
    Rate per SF
    $14
    Space
    4228
    Size
    1,550 SF
    Rate per SF
    $14
    Space
    4251
    Size
    1,250 SF
    Rate per SF
    $14
    Space
    4259B
    Size
    625 SF
    Rate per SF
    $14

    HighLights

    • 625‑1,550 square foot suites available.
    • Small suites in excellent condition.
    • Suitable for medical and office tenants.
    • Walk‑up suites.
    • Individual tenant HVAC control.
    • Prestigious Glenview location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Systegration Computer Consultant Hawthorn Electrical Electrical Installation Service

    Suggested Use

    Realty agency Law Firm 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
    -87.8592026
    Latitude
    42.0696314

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Glenview offices, ideal location.
    Where is this office property / space located?
    The property is located at 4200 Commercial Way Glenview, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 625-1,550 square foot suites available.; Small suites in excellent condition.; Suitable for medical and office tenants.
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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
    4200 Commercial Way Glenview, IL 60025
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