Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Glendale Heights, IL 60139 Glendale Heights, IL 60139

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr

    High-image building near I-355 in Glendale Heights, Illinois.

    Type:Industrial
    Property size:
    34,917 SF
    Added:
    Jan 26, 2026
    Days on Market:
    65
    Last Refresh:
    Mar 25 at 8:44 pm

    Property Features

    General Information

    Standard status
    Active
    Size
    34,917 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1985

    Spaces For Lease

    Contact us

    We can help!

    Listing Contact
    Matt Lewandowski
    Matt Lewandowski

    Listing agent Matt Lewandowski

    Listing office DarwinPW Realty/CORFAC International

    Listing date Jan 26, 2026

    Source Corfac

    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 DarwinPW Realty/CORFAC International

    Overview

    Single-Tenant Building Near I-355

    This is a high-image single-tenant building located near I-355. The property is situated near two full interchanges at Army Trail Road and North Avenue. The property benefits from low DuPage County taxes.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Glendale Heights
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0846
    Latitude
    41.9303

    Nearby Similar for Lease

    • $14/mo

      Modern Office Building in Glendale

      14,517 SF office building in Glendale Heights, Illinois.
      739 North Avenue, Glendale Heights, IL 60137
      View Details
    • $17/mo

      Newly Renovated Retail Center

      Renovated shopping center with high visibility and diverse tenants.
      1554 - 1580 Bloomingdale Rd, Glendale Heights, IL 60139
      View Details
    • Contact for pricing

      Glendale Heights Industrial Space Available

      56,850 SF industrial space with office component for lease.
      100 W Lake Dr, Glendale Heights, IL 60139
      View Details
    • $8/mo

      Single-Tenant Building Near I-355

      High-image building near I-355, low DuPage County taxes.
      1958 Brandon Ct, Glendale Heights, IL 60139
      View Details
    • $17/mo

      Retail Space on Bloomingdale Road

      Retail property for rent with high visibility and diverse tenants.
      1558-1580 Bloomingdale Rd, Glendale Heights, IL
      View Details
    • Contact for pricing

      Industrial Space in High Grove

      47,350 SF industrial space for lease with immediate access.
      699 Regency Drive, Glendale Heights, IL 60139
      View Details
    • Contact for pricing

      Manufacturing Facility in Glen Pointe

      18,800 SF manufacturing facility with office space for lease.
      121 Exchange Blvd, Glendale Heights, IL 60139-2095
      View Details
    • Contact for pricing

      Glendale Heights Warehouse Space Available

      High-visibility warehouse space with easy access to I-355.
      1 East North Avenue, Glendale Heights, IL, 60139
      View Details
    • Contact for pricing

      Glendale Heights Warehouse with Crane

      Warehouse space with crane, office, and convenient highway access.
      100 W Lake Dr, Glendale Heights, IL 60139
      View Details
    • Contact for pricing

      Glendale Heights Warehouse Space Available

      47,350 SF warehouse space for lease in Glendale Heights.
      699 Regency Drive, Glendale Heights, IL 60139
      View Details
    • Contact for pricing

      Retail Space on Army Trail

      High-traffic shopping center with excellent tenant mix and accessibility.
      314 E Army Trail Rd, Glendale Heights, IL
      View Details
    • Contact for pricing

      Prime Commercial Space in Shorewood

      Modern office space with versatile layout and ample natural light.
      220 Channahon St, Shorewood, IL
      View Details

    FAQs

    What type of property is this?
    Specialty property - High-image building near I-355 in Glendale Heights, Illinois.
    Where is this specialty property located?
    The property is located at Glendale Heights, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: High image single‑tenant building.; Near I‑355 for convenient commuting.; Two full interchanges at Army Trail Road and North Avenue.
    (630) 993-3870
    We can help!
    Listing Contact
    Matt Lewandowski
    Matt Lewandowski
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!