Back to Listings
Glenview, IL

NNN Industrial | 9.5 Years Remaining | Chicago MSA

Address:
1870 Elmdale Avenue, Glenview, IL 60026
Property Type:
Single Tenant
Square Feet:
44,458 sqft
Lot Size:
2.13 Acres
Year Built:
1983
Links
* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment 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
  • Occupied by Lakeshore Academy, Leading Gymnastics School in Chicago Area for Four Decades
  • Well-Positioned in Proximity to I-294 and I-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

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1870 Elmdale Avenue in Glenview, Illinois. The subject property consists of approximately 44,458 square feet of industrial space situated on 2.13 acres. This fully occupied industrial asset features masonry construction, 21’ clear height, one grade door, four dock doors, and heavy power with 800 amps and 277 to 480 volts. Zoned I-2, the property is ideal for contractors, small businesses, and light manufacturing. With proximity to Interstates 294 and 94, the property is 10 miles from O’Hare International Airport and 24 miles from downtown Chicago.

The property is occupied by Lakeshore Academy, a leading gymnastics school in the Chicago area for four decades, demonstrating a stable and long-term commitment to the location. The North Cook County submarket is outperforming national averages, with 4.5 percent rent growth in Q2 2026, compared to the 1.7 percent national average, making this a compelling investment opportunity.

The Chicago metropolitan area, where the North Cook County submarket is situated, is a major economic hub with a population of over 9.5 million people, spanning across multiple counties and thousands of square miles. The region is experiencing steady job growth and population migration, driven by its diverse economy and high quality of life. Major transportation infrastructure, including O’Hare Airport, Interstates 294 and 94, and six Class 1 railroads, provides exceptional connectivity to the rest of the country and globally. The market is home to numerous corporate headquarters, including those in the manufacturing, logistics, and technology sectors, which drive demand for industrial space. Given its strategic location, proximity to major transportation routes, and strong market fundamentals, this property is well-positioned to maintain its competitive advantage and provide a stable source of income for investors.

BROKER OF RECORD
STEVEN WEINSTOCK
Illinois Broker of Record
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
Tel: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
License: 471.011175
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0370354)