Glenview Office Building on
1245 N Milwaukee Ave Glenview, IL 60025
1245 N Milwaukee Ave, Glenview, IL, 60025
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For Sale
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37,500 SF office building with value-add potential.
Property Size37,500 SF
Lot Size4.50 Acres
Days on Market623
Property Features for 1245 N Milwaukee Ave
General Information
- Standard status
- Active
- Size
- 37,500 SF
- Lot size
- 4.50 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing Agency
Versa Real Estate Services
(630) 480-6346
Listed by
Ryan Moen · License #IL 471011256
Source
Crexi
Added: Nov 4, 2024 Checked: Jul 20 at 3:51 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Versa Real Estate Services
Investment Insights
Based on property information with market context.
The property at 1245-1247 Milwaukee Avenue is a 37,500 SF office building constructed in 1984. Situated just south of West Lake Avenue, the three-story building benefits from high visibility, with 28,000 vehicles passing daily. Currently 25% leased, the property presents a value-add investment opportunity. Physical improvements can enhance the property’s value by increasing occupancy to market levels. Multiple signage options on Milwaukee Avenue are available and under-utilized, providing further potential for visibility. The property features 4.5 acres of land and is ideally positioned for future development. The site is in close proximity to key amenities, including ABT Electronics, Glencoe Estate Condominiums, and various retail and residential areas along Milwaukee Avenue. The building is classified as Limited Commercial (I-1), allowing for a diverse array of commercial and residential uses, including multi-family units, exhibition halls, medical clinics, urgent care facilities, and research laboratories.
Key Highlights
- Value‑add investment opportunity through increased occupancy via physical improvements.
- 4.5 acres of land ideal for future development.
- High visibility location on Milwaukee Avenue with 28,000 vehicles passing daily.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CareAt Home Specialists ...
General Contractor
Pinestone Properties
Property Management Company
International Educational Center
Language School
SK Tax Glenview
Consultant
Young Clinic
Alternative Medicine Practice
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FAQs
What type of property is this?
Office building - 37,500 SF office building with value-add potential.
Where is this office building located?
The property is located at 1245 N Milwaukee Ave Glenview, IL.
What are key features of this property?
This property features: Value‑add investment opportunity through increased occupancy via physical improvements.; 4.5 acres of land ideal for future development.; High visibility location on Milwaukee Avenue with 28,000 vehicles passing daily.
