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1870 Elmdale Ave
Glenview, IL 60026 Far North Suburban Cook

$4,300,000 USD

Warehouse For Sale  •  44,458 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 44,458 SF
  • Lot Size 2.13 AC
  • Building Class C
  • Year Built 1983
  • Tenancy Single
  • Zoning I-2
20 Transit Score
50 Walk Score

Highlights

Fully Occupied, 44,458-Square-Foot Net Lease Industrial Asset Situated on 2.13 Acres
Zoned I-2, Featuring Masonry Construction, 21’ Clear Height, One Grade Door, Four Dock Doors, and Heavy Power with 800a and 277/480v
~9.5 Years of Lease Term Remaining at $6.70/SF Triple-Netwith 3% Escalations, Generating 7.01% Cap Rate | One Five-Year Renewal Option at FMV
Occupied by Lakeshore Academy, Leading Gymnastics School in Chicago Area for Four Decades
Well-Positioned in Proximity to I-294 andI-94, 10 Miles from O'Hare Airport and 24 Miles from Downtown Chicago
Outperforming North Cook Submarket: 4.5% Rent Growth in Q2 2026 vs. 1.7% National Averages

Property Flyers

Amenities

  • Property Manager on Site
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Glenview Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.1 mi
North Glenview Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 3.1 mi
AirportDriveWalkDistance
Chicago O'Hare International 21 min - 11.6 mi
Chicago Midway International 43 min - 23.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Adam Abushagur 972-755-5223 Marcus & Millichap
Adam Abushagur 972-755-5223 Marcus & Millichap