Property profile

1951 Johns Dr Glenview, IL 60025

OFF-MARKET
Warehouses
68,075 SF 2.72 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional North Cook County industrial portfolio, located on Johns Drive, presents a unique investment opportunity. Comprising two single-story buildings totaling 68,075 square feet on a 2.72-acre lot, this property offers a diverse range of space options. Built in 1970 and renovated in 1990, the buildings boast a variety of uses including flex, warehouse, executive office, creative office, and traditional office space, making it ideal for multiple tenants. The property features a 14-foot ceiling height, providing ample vertical space. Loading and unloading are facilitated by four loading docks and twenty drive-in doors, ensuring efficient operations. Ample parking is available with 85 total spaces. The property benefits from convenient access to major transportation arteries, including I-94 and I-294 via Willow Road, as well as public transportation options such as Pace bus and Metra train service. Nearby shopping and restaurants add to the property's appeal. The zoning designation is 1-2, Glenview, within Cook County's North Cook submarket. One available unit features approximately 2,730 square feet, combining approximately 600 square feet of office space with warehouse space, currently offered at a modified gross rate of $13.75 per square foot. This unit includes private drive-in access, two private restrooms, and is fully air-conditioned. The property's versatile design and prime location make it an attractive option for a variety of businesses. The high power capacity of 100 amps further enhances its operational capabilities.

Property profile

Verified
Property type Warehouses
Year built 1970
Total area 68,075 SF
Lot 2.72 ac (118,483 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

1951 Johns Dr Glenview, IL 60025
Glenview metro
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Value estimations

Realmo proprietary · 4 methods
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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
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