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Property profile & analytics

1320 Waukegan Rd Glenview, IL 60025

  • Retail space
  • 0.11 lot acres
Value Estimation
Last Sale
Apr 29, 2025
$599,000
Location Intelligence
Property ID
US28-1701161
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1320 Waukegan Rd

Year built
1949
Lot size
0.11 lot acres
Property type
Retail space
APN
04-35-200-029
APU
435200029

Description

This 1,653 sq ft freestanding restaurant in Glenview, IL, is ideally situated on Waukegan Road, a high-traffic area boasting 23,000 vehicles per day, with an additional 31,000 VPD on nearby Lake Street. Offered at $599,000 or available for a net-net-net (NNN) lease, this property benefits from 24 free adjacent public parking spaces and the possibility of adding a drive-through. The space is fully equipped for restaurant operation, featuring five wok stations, a walk-in cooler, a sushi display case, and a comprehensive exhaust hood system. The property is located in a high-income neighborhood, surrounded by established national retailers and restaurants, ensuring a strong customer base. The Village of Glenview offers a compelling incentive program for tenant improvements and/or facade enhancements, potentially reimbursing up to 50% of eligible costs, subject to various maximums based on private investment and cost eligibility. Property taxes are $14,894.32 annually. This presents a unique opportunity for a restaurant owner seeking a turnkey operation in a prime location with significant growth potential. The high visibility and established infrastructure make this an exceptional investment or lease opportunity.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $660,000
  • CAP approach

    CAP return
    Estimation
    6%
    $600,000
    6.5%
    $650,000
    7%
    $585,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $630,000
    Geo Method
    $610,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $675,000
    Retail
    $545,000
    Mixed-Use
    $525,000
    Hospitality
    $665,000
    Educational
    $640,000
    Residential Income
    $595,000
    Energy
    $660,000
    Income-Based Land
    $580,000
    Food Service
    $545,000

Location Insight

  • Map
  • Local Demand
City
Glenview
County
Cook
State
Illinois
Longitude
-87.799
Latitude
42.0787
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,408
$24,990
$9,449
$34,439
-
$99,960
$37,796
$137,756
More about this property
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