1740 Waukegan RdGlenview, IL 60025

Property Details for 1740 Waukegan Rd

Year built

1970

Lot size

0.46 AC

Property type

Retail properties

Property subtype

Retail space

APN

04-26-400-050

APU

426400050

Description

This exceptional Class A office space, located at 1740 Waukegan Rd in Glenview, IL, offers 250 square feet of immediately available, modern workspace. Part of an eight-suite, two-story building totaling 5,958 square feet, this executive/creative office is perfect for a small business or individual professional. The building underwent a complete renovation in 2022, boasting updated bathrooms for tenant use. Utilities, including water, electricity, gas, and garbage disposal, are included in the lease. The property is zoned B-2 and features 120-amp power. Situated on Waukegan Road, this location provides excellent visibility and convenient access. While a minimum of 250 square feet is divisible, the maximum contiguous space available is also 250 square feet. This prime Glenview location (zip code 60025) offers a professional and well-maintained environment, ideal for businesses seeking a functional and prestigious address. The property's APN is 04-26-400-050-0000. Don't miss this opportunity to establish your business in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,881,745

  6.5%

  $8,198,534

  7%

  $7,612,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,588,232

  Geo Method

  $6,588,232

• Alternative Use

  Use

  Valuation

  Residential

  $6,915,770

  Hospitality

  $6,334,808

  Educational

  $5,270,486

  Medical

  $5,451,746

  Retail

  $8,198,534

Location Insight

City

Glenview

County

Cook

State

Illinois

Latitude

42.0866

Longitude

-87.7987

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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