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    The Largest CRE Database in the US with Over 1 Million Listings

    130 W Irving Park Rd Wood Dale, IL 60191

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Wood Dale, IL

    Type:Office
    Days on Market:
    66
    Last Refresh:
    Feb 6 at 5:06 pm

    Property Features for 130 W Irving Park Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active

    Utilities

    Utilities
    Natural Gas Available
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Wood
    Building materials
    Brick, Concrete
    Roof type
    Membrane

    We can help!

    Listing Contact
    Anthony Trotto
    Anthony Trotto

    Anthony J. Trotto Real Estate (630) 521-0298

    Listing agent Anthony Trotto (630) 521-0298

    Listing date Dec 3, 2025

    MLS# 12223261

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Well-Maintained Building in Town Center

    This well-maintained, free-standing building is situated in a prime location on busy Irving Park Road within the City's Town Center Business District. The average daily traffic count is 27,300 vehicles. The open main floor features a 10-foot-high ceiling and refinished maple floors. A full basement provides ample storage space. A new water heater was installed in November of 2024. The building utilizes a shared well with a filtering system, eliminating water bills, and is connected to the city sewer. City water hook up is available at the front parkway. Rent includes snow removal, parking lot maintenance, exterior maintenance, pest control, and landscape maintenance. A new parking lot was installed in May 2025. The owner is willing to work with a new tenant regarding potential build out. The property is within walking distance of the Metra train and post office, with easy access to expressways. The main floor is plumbed for a second bathroom, and the basement is plumbed for a third bathroom. The basement also includes utility sinks and a battery back-up for the sump pump and ejector pit. An ADT security system is installed and can be activated at the tenant's expense. File cabinets in the basement can remain or be removed at the tenant's request. Two coats of Gaco 100% silicone coating were applied to the roof in October 2024. The alley behind the building, extending from Wood Dale Road west to Oakwood, provides additional access. This space is suitable for an accountant, lawyer, personal service business, or day-care center. See the TCB use table under Additional Information for Permitted Uses and many other Special Uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    www.thegreatputon.com Clothing & Fashion Store Brian Murphy: Allstate ... Insurance Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wood Dale
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9802861
    Latitude
    41.963253

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    FAQs

    What type of property is this?
    Office building - Free-standing building in a busy business district with high traffic.
    Where is this office building located?
    The property is located at 130 W Irving Park Rd Wood Dale, IL.
    What are key features of this property?
    This property features: - Premier location on busy Irving Park Road with high traffic count in the Town Center Business District.; - Rent includes significant maintenance services like snow removal and landscape maintenance.; - New parking lot (installed May 2025) and roof coating (applied October 2024).
    (630) 521-0298
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    130 W Irving Park Rd Wood Dale, IL 60191
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    Wood Dale, IL 60191
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 W Irving Park Rd Wood Dale, IL 60191
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    We can help!
    Listing Contact
    Anthony Trotto
    Anthony Trotto
    Real Estate License ID: 471000682
    (630) 521-0298
    Learn more
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