Approximately .73 Acres Commercial Land in Glenview, IL

3330 Milwaukee Avenue Glenview, IL 60062

 3330 Milwaukee Avenue, Glenview, IL, 60062
 3330 Milwaukee Avenue, Glenview, IL, 60062
FOR SALE Auction Property
Property Type:
Commercial Land Development
Last Verified:
May 23, 2019

Suggested Opening Bid: $299,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. .73 Acres

2017 Taxes: $4,861.53

PIN #: 04-30-200-012-0000

Traffic Count: 24,500 VPD

Zoning: B-2; Commercial Development District

Development opportunity! The parcel is approximately .73 acres and is zoned B-2 Commercial Use by the Village of Glenview, which allows for retail development, office, senior housing or other use (to be confirmed by the village). This site has a curb cut, driveway and is environmentally clean and cleared. Utilities to the site are electric, gas, sanitary, and water-Municipal.

Glenview is an affluent suburb ideally located on Chicago’s North shore, approximately 14 miles from downtown Chicago and 13 miles from O’Hare International Airport. Glenview is adjacent to interstates I-94 and I-294 with major roadways carrying up to 42,000 cars daily. Glenview is home to a number of major U.S. corporations and their offices including Anixter, Aon, Avon, and Kraft Foods. Downtown Glenview offers various shopping and dining options as well as a convenient Metra commuter rail station. As of the 2013 census, the village population was 50,692.

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Map of 3330 Milwaukee Avenue, Glenview, IL, 60062

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.