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    1870 Elmdale Ave Glenview, IL 60026

    Sponsored
    For Lease
    $6 SF/Yr

    Spacious Glenview industrial space available.

    Lot size:
    44,458 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 44,458 square foot multi-tenant property, located at 1870 Elmdale Avenue in Glenview, Illinois, presents a unique opportunity for businesses seeking a blend of office and warehouse space. Situated on a 2.13-acre lot in Cook County, this 1975-built building boasts impressive features ideal for a variety of industrial and executive office needs. The high ceilings, measuring 21 feet, provide ample vertical space for storage or specialized equipment. Logistics are simplified with four loading docks and one drive-in door, ensuring efficient handling of goods. Ample parking is available with 58 spaces to accommodate employees and visitors. The property offers robust electrical service with 800 amps at 277/480 volts. Currently, the entire 44,458 square feet is available for lease. The property's zoning and precise permitted uses should be verified independently. This prime Glenview location, with its convenient access to major transportation routes, makes it an attractive option for businesses seeking a strategic location in the Chicago metropolitan area. The zip code is 60026. This property is ideal for a company seeking a significant footprint in a well-established business community.

    Property Features for 1870 Elmdale Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,458 SF
    Total Rate
    25007.63

    Building Details

    Year Built
    1975

    Unit(s) available at that property

    Space
    Available Space
    Size
    44,458 SF
    Rate per SF
    $6

    HighLights

    • Newly paved truck court and drive‑in access.
    • Excellent Tri‑State Tollway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenview
    County
    Cook
    State
    Illinois
    Longitude
    -87.83978
    Latitude
    42.0905255

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    FAQs

    What type of property is this?
    Distribution property - Spacious Glenview industrial space available.
    Where is this distribution property located?
    The property is located at 1870 Elmdale Ave Glenview, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Newly paved truck court and drive-in access.; Excellent Tri-State Tollway access.;
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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
    1870 Elmdale Ave Glenview, IL 60026
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