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    771 Milwaukee Avenue

    Glenview, IL 60025
    • $1,450,000
    • STATUS: Active
    • ON SITE: 212 Days
    • MLS #: 11034833
    UPDATED: 71 min ago
    $1,450,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,600
      SQFT
    • $220
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    County:

    School Ratings & Info

    Description

    The ParkPro Group of Coldwell Banker is pleased to present this exclusive opportunity in Glenview. This four-unit 6,600 leasable area brick strip plaza features long term retail tenants with all NN leases in place and is currently operating at 80% occupancy with the opportunity to lease the prime corner space. With its premier location on high traffic Milwaukee Ave with a total of 28,600 vehicles per day, this energetic center features excellent visibility & signage with an expansive parking lot on site with a parking ratio of 3.3 per every 1000 sq.ft. Located by one of the busiest corridors nearby some of the largest retailers of the community, this turnkey investment opportunity can consistently generate strong positive cash flow for years to come & operate at a consistent high occupancy per the area's total of 5% vacancy.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-26T17:03:20.1 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    771 Milwaukee Avenue Glenview, IL 60025

    • Price: $1,450,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 11034833
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,600
    SQFT
    $220
    $/SQFT
    1989
    Built
    Neighborhood:
    Glenview / Golf
    County:
    Cook
    Area:
    Glenview / Golf
    Property Description
    The ParkPro Group of Coldwell Banker is pleased to present this exclusive opportunity in Glenview. This four-unit 6,600 leasable area brick strip plaza features long term retail tenants with all NN leases in place and is currently operating at 80% occupancy with the opportunity to lease the prime corner space. With its premier location on high traffic Milwaukee Ave with a total of 28,600 vehicles per day, this energetic center features excellent visibility & signage with an expansive parking lot on site with a parking ratio of 3.3 per every 1000 sq.ft. Located by one of the busiest corridors nearby some of the largest retailers of the community, this turnkey investment opportunity can consistently generate strong positive cash flow for years to come & operate at a consistent high occupancy per the area's total of 5% vacancy.
    Exterior Features

    Frontage Type City Street Outdoor Parking 31-50 Spaces Parking Total 30 Roof Structure Flat

    Interior Features

    Cooling Central Individual Heat Ventilation Central Heat/Indiv ControlsIndividual Furnaces Number Of TLDocks 0

    Property Features

    Additional Parcels YN No Building Area Total 6600 Current Use Commercial Electric Circuit Breakers101-200 Amps Fire Protection Fire Extinguisher/S Gross Income 222974 Gross Scheduled Income 2020 Insurance Expense 3891 Leasable Area 6630 Location Commercial Business Park Net Operating Income 110072 Number Of Tenants 4 Operating Expense 110752 Property Offered For Sale Only Tax Annual Amount 60497 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatTaxesRepairs Total Monthly Income 18581 Type Retail/Stores Zoning Rtail

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Commercial Nrt.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-26T17:03:20.1 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822