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    1245 Milwaukee Ave Glenview, IL 60025

    Sponsored
    For Sale
    Contact for pricing

    Prime Glenview Office Space, Flexible Lease Terms

    Property size:
    37,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 37,500-square-foot office building, constructed in 1984, presents a compelling investment opportunity in the desirable Glenview, Illinois market. Located at 1245-1247 N Milwaukee Ave, zip code 60025, in Cook County, this traditional office building boasts an enviable location, offering convenient access to I-294. The property benefits from ample parking, providing a generous 5.33 spaces per 1,000 square feet. Its attractive location is enhanced by its proximity to The Grove Forest Preserve, creating a park-like setting, and its position directly across from ABT Electronics. The building offers flexible lease terms to accommodate a variety of tenant needs, and presents excellent signage opportunities along the highly visible Milwaukee Avenue. On-site property management ensures efficient building operations. This property is ideal for businesses seeking a well-maintained, conveniently located office space in a thriving community. The building's size and amenities make it suitable for a variety of uses, offering significant potential for growth and return on investment. The address is situated just south of West Lake Avenue.

    Property Features for 1245 Milwaukee Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    37,500 SF

    Building Details

    Year Built
    1984

    HighLights

    • 37,500 SF office building in Glenview, IL (60025).
    • Ample parking (5.33/1,000 SF).
    • Flexible lease terms.
    • Excellent signage opportunities on Milwaukee Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    CareAt Home Specialists ... Contractor Pinestone Properties Property Management Company International Educational Center English Language School SK Tax Glenview Consultant Young Clinic Chiropractor

    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
    -87.8612781
    Latitude
    42.0782628

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Glenview Office Space, Flexible Lease Terms
    Where is this office property / space located?
    The property is located at 1245 Milwaukee Ave Glenview, IL.
    What are key features of this property?
    This property features: 37,500 SF office building in Glenview, IL (60025).; Ample parking (5.33/1,000 SF).; Flexible lease terms.
    (630) 480-6346
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    1245 Milwaukee Ave 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
    1245 Milwaukee Ave Glenview, IL 60025
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