Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    496 E Saint Charles Rd Carol Stream, IL 60188

    View on Map
    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Carol Stream, IL

    Property size:
    2,040 SF
    Lot size:
    1.27 Acres
    Days on Market:
    11
    Last Refresh:
    Mar 27 at 11:06 am

    Property Features for 496 E Saint Charles Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    2,040 SF
    Lot size
    1.27 Acres

    Building Details

    Year built
    1968
    Floors in Building
    1

    We can help!

    Listing Contact
    Andrzej Olszowka

    Troy Realty LTD

    Listing agent Andrzej Olszowka

    Listing date Mar 17, 2026

    MLS# 12588626

    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

    Industrial Automotive Space For Lease

    Located at 496 E Saint Charles Road in Carol Stream, IL, this industrial automotive space is situated near the intersection of Schmale Road and East St. Charles Road. The property, an industrial/warehouse/automotive condo, offers approximately 2,040 square feet of total space. Key features include front parking specifically designated for the unit, rear warehouse space, and an updated office washroom. The power supply is between 201 and 600 Amps with circuit breakers. Constructed in 1968, the unit is part of a single-story building. The property is available for lease starting March 18, 2026, with an estimated rate between $14.00 and $15.00 per square foot per year, or approximately $2,465 per month. Tenant responsibilities typically include all utilities and trash collection. The lot size is 1.27 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

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

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

    Similar Places Nearby

    U-Haul Neighborhood Dealer, Tool & Truck Rental Center at The Home Depot, JLR Rentals, Tim's Auto Body, Penske Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    Carol Stream
    County
    DuPage
    State
    Illinois
    Longitude
    -88.103245
    Latitude
    41.897085

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Carol Stream

      Retail space available for lease in Carol Stream, Illinois.
      570 N Schmale Rd, Carol Stream, IL 60188
      View Details
    • Contact for pricing

      Carol Stream Industrial Space Available

      Industrial space with office, docks, and drive-in doors for lease.
      238-248 Tubeway Dr, Carol Stream, IL 60188
      View Details
    • Contact for pricing

      Sublease Opportunity in Carol Stream

      143,524 SF available through September 2033 in Carol Stream.
      343 E Lies Rd, Carol Stream, IL 60188
      View Details
    • Contact for pricing

      Available Industrial Building Near I-355

      439,421 SF building with convenient access to transportation.
      250 S Gary Ave, Carol Stream, IL 60188
      View Details
    • Contact for pricing

      Industrial Space on St. Charles

      Available July 2025: Industrial space with retail exposure.
      130 E Saint Charles Rd, Carol Stream, IL 60188
      View Details
    • $20 SF/Yr

      Retail Center Near Geneva Road

      Retail property with high visibility and strong demographics.
      335-355 Geneva Rd, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      10,000 SF

      Carol Stream Flex Industrial Space

      Flexible industrial units with dock and drive-in door access.
      376 Gundersen Dr, Carol Stream, IL 60188
      View Details
    • Contact for pricing

      Industrial Space with Racked Storage

      Available industrial space with flexible terms and racked storage.
      121 E North Ave, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      20,000 SF

      Commercial Space Near North Avenue

      Well-maintained commercial building with secure outdoor storage available for rent.
      300 Westgate Dr, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      171,500 SF

      Industrial Space with Racked Storage

      Available industrial space with flexible terms and racked storage.
      121 E North Ave, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      88,150 SF

      Carol Stream Industrial Space Available

      Industrial space for lease with office, docks, and drive-ins.
      238-248 Tubeway Dr, Carol Stream, IL 60188
      View Details
    • $14 SF/Yr
      28,000 SF

      DuPage County Flex Space

      Climate-controlled flex space with easy access to major transportation routes.
      120 Easy St, Carol Stream, IL 60188
      View Details

    FAQs

    What type of property is this?
    Automotive property - Industrial/Warehouse/Automotive condo available for lease in Carol Stream, IL.
    Where is this automotive property located?
    The property is located at 496 E Saint Charles Rd Carol Stream, IL.
    What are key features of this property?
    This property features: - High Power Supply: 201 to 600 Amps with circuit breakers, suitable for various industrial/automotive needs.; - Prime Location: Situated near the intersection of Schmale Road and East St. Charles Road.; - Versatile Space: Approximately 2,040 square feet of industrial/warehouse/automotive condo space.
    (773) 792-3000
    Request Owner's contact information
    496 E Saint Charles Rd Carol Stream, IL 60188
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    496 E Saint Charles Rd
    Carol Stream, IL 60188
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    496 E Saint Charles Rd Carol Stream, IL 60188
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrzej Olszowka
    Real Estate License ID: 475160900
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!