Property profile

500-554 North Ave Glendale Heights, IL 60139

OFF-MARKET
Retail properties & Spaces
84,830 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Glendale Square Shopping Center, located at 500-554 North Ave in Glendale Heights, IL 60139, presents a prime retail investment opportunity. This 84,830 square foot center sits on a 10.96-acre lot and is zoned C-2, offering significant potential for a variety of commercial uses. Currently, there are multiple tenancies available, with a minimum divisible space of 4,705 square feet and a maximum contiguous space of 9,760 square feet. A substantial 28,225 square feet of space is currently vacant, providing immediate opportunities for expansion or new tenants. The center enjoys an exceptional location on busy North Avenue, directly across from a Menards, ensuring high visibility and foot traffic. Its proximity to the I-355 interchange (within 1.5 miles) provides easy access for customers and employees. This DuPage County property offers a compelling combination of size, location, and accessibility, making it an ideal investment for businesses seeking a strong presence in a thriving retail market. The property's strategic placement and ample space make it a highly attractive option for both established businesses and new ventures.

Property profile

Verified
Property type Retail properties & Spaces
Total area 84,830 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500-554 North Ave Glendale Heights, IL 60139
Glendale Heights metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500-554 North Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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