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Property profile & analytics
OFF-MARKET Estimated value $1,960,000
Retail space

1132 Waukegan Rd Glenview, IL 60025-3065

9,266 SF 0.5 ac lot Built 1966
Entity Owned Free & Clear
Property ID
US28-2514423
Property summary
AI-generated overview

This exceptional executive office building at 1132 Waukegan Rd, Glenview, IL 60025, is offered for sale at $2,900,000. The property consists of 1 square foot of office space and presents a unique redevelopment opportunity. Its strategic location in the heart of downtown Glenview offers unparalleled convenience. A significant advantage is the inclusion of an adjacent lot, expanding development possibilities. The building benefits from its proximity to a variety of restaurants and is just a 5-minute walk from the Glenview Metra station, providing excellent commuter access. The area is experiencing significant growth, with several new apartment buildings recently constructed nearby. Furthermore, city funds are available for redevelopment projects, making this an attractive investment for those seeking to capitalize on Glenview's thriving market. The property's Cook County location and its address at 1132 Waukegan Rd offer a strong foundation for future development or renovation. This is a rare opportunity to acquire a property with significant upside potential in a highly desirable location. The square footage is currently listed as 1 square foot, however, further details regarding the actual usable space should be verified independently.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1966
Total area 9,266 SF
Lot 0.5 ac (21,752 SF)
APN 04-35-206-046
UPID US28-2514423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Anderson Dental Associates Dental Office
  • Michols Steven G DDS Dental Office
  • Urek's Tailor Shop (Bike/Boat/Book/etc) Store
  • Irene's Nationwide Home Health Corp. Home Health Care Service
  • Heinlein Walter D DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.98M
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$1.96M
Owner & transaction history
EXECUTIVE BUILDNG CORP
EXECUTIVE BUILDNG CORP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.0M +47.1%
Apartment house (5+ units) $1.5M +11.5%
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