1870 Elmdale Ave Glenview, IL 60026
- Industrial properties
- 2.13 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1870 Elmdale Ave
- Year built
- 1983
- Lot size
- 2.13 lot acres
- Property type
- Industrial properties
- APN
- 04-28-101-018
- APU
- 428101018
Description
This exceptional 44,458 square foot multi-tenant property, located at 1870 Elmdale Avenue in Glenview, Illinois, presents a unique opportunity for businesses seeking a blend of office and warehouse space. Situated on a 2.13-acre lot in Cook County, this 1975-built building boasts impressive features ideal for a variety of industrial and executive office needs. The high ceilings, measuring 21 feet, provide ample vertical space for storage or specialized equipment. Logistics are simplified with four loading docks and one drive-in door, ensuring efficient handling of goods. Ample parking is available with 58 spaces to accommodate employees and visitors. The property offers robust electrical service with 800 amps at 277/480 volts. Currently, the entire 44,458 square feet is available for lease. The property's zoning and precise permitted uses should be verified independently. This prime Glenview location, with its convenient access to major transportation routes, makes it an attractive option for businesses seeking a strategic location in the Chicago metropolitan area. The zip code is 60026. This property is ideal for a company seeking a significant footprint in a well-established business community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,290,000
- 6.5%
- $3,655,000
- 7%
- $3,700,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,415,000
- Geo Method
- $3,650,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,900,000
- Retail
- $3,375,000
- Mixed-Use
- $3,900,000
- Hospitality
- $3,610,000
- Educational
- $3,640,000
- Residential Income
- $4,185,000
- Energy
- $4,550,000
- Income-Based Land
- $4,235,000
- Food Service
- $3,380,000
Location Insight
- Map
- Local Demand
- City
- Glenview
- County
- Cook
- State
- Illinois
- Longitude
- -87.8399
- Latitude
- 42.0905
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA