Property profile

1320 Waukegan Rd Glenview, IL 60025

OFF-MARKET
Retail space
Property ID
US28-1701161
0.11 ac lot Built 1949
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Lot 0.11 ac (4,760 SF)
APN 04-35-200-029
UPID US28-1701161

Cap rate & NOI

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

Location

1320 Waukegan Rd Glenview, IL 60025-3022
Glenview metro Census 802200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k

Owner & transaction history

since 2025
Last sale
$599,000
4 recorded transactions
2025
Price N/A
2025
$599,000
2019
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1320 Waukegan Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message