Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    655 W Comstock Ave Elmhurst, IL 60126

    Sponsored
    For Sale
    $549,900

    LAND - Elmhurst, IL

    Lot size:
    0.36 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 19 at 12:06 am

    Property Features for 655 W Comstock Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0334217010
    Lot size
    0.36 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Maria Verbena

    LW Reedy Real estate (630) 833-1700 [email protected]

    Listing agent Maria Verbena (630) 742-7275

    Listing date Jan 11, 2026

    MLS# 12544875 Listing URL

    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

    Residential Land in Desirable Elmhurst

    This residential land is located in Elmhurst, Illinois, within DuPage County. The property features a lot size of 100x156. According to the listing, the lot can be divided into two 50-foot wide lots. The property is situated in a desirable neighborhood surrounded by new construction. It is located near Berens Park, shopping, and entertainment venues.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmhurst
    County
    DuPage
    State
    Illinois
    Longitude
    -87.965554
    Latitude
    41.914374

    Nearby Similar for Sale

    • $800,000
      0.19 Acres

      Elmhurst Professional/Medical Office Space

      Improved office space in high-traffic, high-visibility Downtown Elmhurst.
      277 N York St, Elmhurst, IL 60126
      View Details
    • Contact for pricing
      30,963 SF

      Elmhurst Flex Space Available

      Flex space near I-290 and York Road interchange.
      851-853 Industrial Dr, Elmhurst, IL 60126
      View Details
    • $795,000
      2,291 SF

      Elmhurst Medical Office For Sale

      2,291 SF medical office building in desirable Elmhurst location.
      332 N York St, Elmhurst, IL 60126
      View Details
    • $199,000

      Royal York Condo For Sale

      Two bedroom condo with spacious layout and convenient location.
      110 W Butterfield Rd, Elmhurst, IL 60126
      View Details
    • $1,455,000
      2,640 SF

      Elmhurst Restaurant Property For Sale

      Restaurant property with drive-through and long-term lease in place.
      872 N York St, Elmhurst, IL 60126
      View Details
    • Contact for pricing
      33,087 SF

      Elmhurst Warehouse with Heavy Parking

      Warehouse with heavy parking and proximity to I-290.
      930 N Oaklawn Ave, Elmhurst, IL 60126
      View Details
    • Contact for pricing
      3,378 SF

      Modern Office Building For Sale

      Well-maintained office building with high traffic and modern construction.
      400 W Lake St, Elmhurst, IL 60126
      View Details
    • $3,100,000
      26,562 SF

      Elmhurst Office Building For Sale

      26,562 SF office building with executive suites and parking.
      533 W Ave N, Elmhurst, IL
      View Details
    • Contact for pricing
      8,080 SF

      Elmhurst Commercial Building For Sale

      One-story building in a commercial corridor near Elmhurst Crossing.
      711 W St. Charles Rd, Elmhurst, IL 60126
      View Details
    • $745,000
      2,112 SF

      Elmhurst Office Building - Great Investment

      Prime Elmhurst location, high rental potential. Three-level office building.
      240 West Ave, Elmhurst, IL 60126
      View Details
    • Contact for pricing
      83,916 SF

      Elmhurst Hotel & Conference Center

      104-Room Hotel, Banquet Facility, Great Location
      933 Riverside Dr, Elmhurst, IL 60126
      View Details
    • $3,895,000
      26,562 SF

      Elmhurst Office Building - Value Add

      26,562 SF Office, 14 Suites, $3.895M
      533 North Ave, Elmhurst, IL 60126
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large lot near park, shopping, and new construction homes.
    Where is this residential land & home lot located?
    The property is located at 655 W Comstock Ave Elmhurst, IL.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Huge 100x156 lot with potential for division.; - Can be divided into two 50-wide lots.; - Desirable neighborhood.
    (630) 742-7275
    Request Owner's contact information
    655 W Comstock Ave Elmhurst, IL 60126
    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.
    655 W Comstock Ave
    Elmhurst, IL 60126
    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
    655 W Comstock Ave Elmhurst, IL 60126
    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
    Maria Verbena
    (630) 742-7275
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.