Property profile

2005 Bloomingdale Rd E E Ste Glendale Heights, IL 60139

OFF-MARKET
Other commercial real estate
Property ID
US28-2182814
1,596 SF 1 ac lot Built 2005
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 5,418 SF office space located in the Glenbloom Professional Building, configured from four professionally combined suites to support either a single larger user or multiple tenants. The interior includes twelve private offices, two conference rooms sized for groups of eight and sixteen, a large communal room with an adjustable table for ten, lounge area, and built-in amenities (refrigerator, microwave, toaster oven, sink, and custom cabinetry), along with a well-appointed kitchenette featuring quartz countertops, a sink, two under-counter beverage refrigerators, a plumbed Keurig coffee maker, and custom cabinetry. The space has five private unisex bathrooms, including one with a large shower stall, and features architectural finishes such as chair rail, crown molding, and tray ceilings. The building is described as having modern aluminum and glass entryways, energy-efficient insulated glass windows, precast insulated exterior walls, and a comprehensive zoned sprinkler system. Professional signage is located at the entrance, and the property includes an interior car stall with a garage door (currently used as storage) plus parking for 48 vehicles, including 3 handicap spaces. The site is approximately 1 acre and the property is zoned OFFIC, with access to major transportation routes including I-355 and I-290 within minutes.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 1,596 SF
Lot 1 ac (43,560 SF)
Zoning code C
APN 02-22-428-005
UPID US28-2182814

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Recycling Center Waste Management Facility
  • Accounting Firm Tax Preparation
  • Accounting Firm
  • Alternative Medicine Practice
  • Association Or Organization

Location

2005 Bloomingdale Rd E E Ste Glendale Heights, IL 60139-2151
Glendale Heights metro Census 840904 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2017
4 recorded transactions
2019
Price N/A
2017
$159,000
2006
$310,000
1969
Price N/A

Zoning & alternative use

C · Glendale Heights, IL

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
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