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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Retail space
1740 Waukegan Rd Glenview, IL 60025-2157
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-1832549
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1970
Lot
0.46 ac (20,072 SF)
APN
04-26-400-050
UPID
US28-1832549
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
-
Carmelo Battery Auto Parts Store
-
Zenith Roofing Roofing Company General Contractor
-
Nancy A. Friedman, MA Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Serenity Tri LLC · 2 yrs held
Serenity Tri LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glenview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenview submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,295,000
ML approach
$1,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.30M (May 7 2024)
Last sale anchor
$1.30M
May 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$25,543
Tax year 2022
Assessed value
$118,750
Assessed 2022
Previous assessed
$118,750
+0.0% YoY
Effective rate
21.51%
On assessed value
Assessed land
$105,378
Assessed improvement
$13,372
Land market value
$421,512
Improvement market value
$53,488
Total market value
$475,000
Applied tax rate
25,038.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1970
Heating
NONE
Lot
0.46 ac (20,072 SF)
APN
04-26-400-050
UPID
US28-1832549
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Serenity Tri LLC
Entity
Mailing address
2501 CHATHAM RDN, SPRINGFIELD, IL 62704-4188
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2024
—
Serenity Tri LLC
Geeta Patel
Quit Claim Deed
related
—
Mar 11, 2024
$1,295,000
The Ramp Trust
Synergy Holdings LLC
Special Warranty Deed
—
Jun 14, 2023
—
Synergy Holdings LLC
—
Deed
related
$732,500 · Belmont Bank & Trust Company
Sep 21, 2022
—
Synergy Holdings LLC
—
Deed
related
$1,000,000 · Belmont Bank & Trust Company
Dec 2, 2021
$475,000
Synergy Holdings LLC
Sue Young Moy
Special Warranty Deed
$332,500 · Belmont Bank & Trust Company
Apr 5, 2010
—
Joseph J Nimrod
Nimrod,ann O
Quit Claim Deed
related
$417,000 · Corby Mortgage Services INC
—
—
Ann O Nimrod
—
Deed Of Trust
related
$219,570 · Merrill Lynch Credit Corp
—
—
Charles A Rey
—
Deed Of Trust
related
$600,000 · Northview Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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