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    Property profile & analytics
    OFF-MARKET Estimated value $3,820,000
    Industrial properties

    1870 Elmdale Ave, Glenview, IL 60026-1356

    2.13 ac lot Built 1983
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-0238725
    Property summary
    AI-generated overview

    This exceptional 44,458 square foot multi-tenant property, located at 1870 Elmdale Avenue in Glenview, Illinois, presents a unique opportunity for businesses seeking a blend of office and warehouse space. Situated on a 2.13-acre lot in Cook County, this 1975-built building boasts impressive features ideal for a variety of industrial and executive office needs. The high ceilings, measuring 21 feet, provide ample vertical space for storage or specialized equipment. Logistics are simplified with four loading docks and one drive-in door, ensuring efficient handling of goods. Ample parking is available with 58 spaces to accommodate employees and visitors. The property offers robust electrical service with 800 amps at 277/480 volts. Currently, the entire 44,458 square feet is available for lease. The property's zoning and precise permitted uses should be verified independently. This prime Glenview location, with its convenient access to major transportation routes, makes it an attractive option for businesses seeking a strategic location in the Chicago metropolitan area. The zip code is 60026. This property is ideal for a company seeking a significant footprint in a well-established business community.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1983
    Lot 2.13 ac (92,783 SF)
    APN 04-28-101-018
    UPID US28-0238725
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.74M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.82M
    Owner & transaction history
    Ranger Il LLC · 4 yrs held
    Ranger Il LLC
    since 2021
    Last sale
    $4.0M
    7 recorded transactions
    2021
    $4.0M
    2021
    2018
    2018
    2012
    2003
    $950,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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