Johns Court Buildings, Glenview, IL
2075-2105 Johns Court,
Glenview, IL 60025
 
$9,100,000
Price
$670,831
NOI
7.37%
Cap Rate
$114
Price Per SF
80,170
Total Two Buildings SF
26,690 SF Bldg., 7-Tenants
2025-2027 Johns Drive
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$9,100,000
Price
$670,831
NOI
7.37%
Cap Rate
$114
Price Per SF
80,170
Total Two Buildings SF
26,690 SF Bldg., 7-Tenants
2025-2027 Johns Drive
This is a two-Property Investment Offering: 2025-2027 Johns Drive, Glenview, IL, a 7 Tenant, 26,690 SF Building 2075-2105 Johns Court, Glenview, IL, a 13 Tenant, 53,480 SF Building Elevate your investment portfolio with this prime opportunity at 2075-2105 Johns Court, where high occupancy, low turnover and stable Tenants speak volumes about its desirability among Tenants. Weighted Average Tenure: 8.2 Years Weighted Average Lease Term: 3.1 Years
The waiting list for Availability underscores the exceptional ROI potential of this industrial Investment, making it a lucrative option for savvy Investors seeking reliable income streams
20' Clear Ceiling Height for smaller industrial Tenants is an extremely rare find which is part of the Asset's best features. There are 428 Industrial/Flex within a five-mile radius. Of those, only five multi-tenant properties offer 19' or greater ceiling height
All but one Tenant has signed personally helping insure consistent cash flow
RARE to find Auto Repair, Sales and Service Zoned Asset. Municipalities have created barriers to competing properties with their Zoning making this an increasingly valuable Asset.
Potential to Convert to Condo Ownership Maximizing Values to Over $150 per Square Foot Verify with Village of Glenview, IL of course
Majority of Leases are 3-Years or Longer
Professionally Managed with Manager Office on-site
The Pickleball4ALL Tenant has Seven Pickleball Courts, a 4.8 Google Rating and is growing well. Current Lease Rates Are Below Market Rates
Location Highlights
The assets features including 20' Ceiling Height, ample Drive-in Doors, I-2 Zoning that allows vehicles inside the units which is a rare find that draws Tenants from a 10-mile+ radius.
Johns Court is located near several major roadways, including the Tri-State Tollway (I-294) and the Edens Expressway (I-94), providing convenient access to downtown Chicago and O'Hare International Airport. Other major arterial roads crisscross the region.
The assets are situated in Glenview, a suburb known for its high quality of life and top-rated schools. The Glenview Park District offers numerous recreational activities for residents, such as golf courses, swimming pools, and skating rinks.
Glenview is home to a mix of local restaurants, retail shops, and entertainment options, offering convenience for employees working in the industrial sector. The nearby Glen Town Center features a variety of dining and shopping venues.
Glenview has a Pro-Business reputation that draws Industrial and Office Tenants, Users and Investors.
FOR MORE DETAILS CONTACT
Kevin Lynch
Managing Broker
(847) 921-6300
kevin@Lynchcre.com
478.011114
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