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Property profile & analytics
FOR SALE
Industrial properties

814 S Westwood Ave Addison, IL 60101

9,166 SF 0.68 ac lot Built 1974
Trust Owned Absentee Owner Free & Clear
Property ID
US28-5745110
Property summary
AI-generated overview

This exceptional 10,000-square-foot freestanding building is ideally situated in Addison, Illinois, at 814 S Westwood Avenue. Boasting a prime location with easy access to major highways including North Avenue, I-355, and Route 83, this property presents a rare opportunity in a market with limited comparable buildings for sale. The structure is constructed of durable brick and block, featuring high ceilings exceeding 15 feet, providing ample vertical space for various uses. A significant portion of the building, approximately 2,500 square feet, is dedicated to office space, offering a comfortable and functional workspace. The building is equipped with a fire sprinkler system for enhanced safety and features a newer roof, minimizing maintenance concerns. Exterior improvements include a partially fenced storage yard, providing secure outdoor space for equipment or materials. Two overhead doors facilitate efficient loading and unloading, enhancing operational convenience. The property sits on a 0.69-acre lot. The sale is conducted "as-is." This property is perfect for a variety of industrial or commercial uses and represents a strong investment opportunity in a highly desirable location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,166 SF
Lot 0.68 ac (29,621 SF)
Zoning code I
APN 03-32-402-004
UPID US28-5745110
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Illinois Repossession Agency Business Related
  • Advanced Sign and Lighting (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$605k
Comparable Approach Comparable
$473k
Blend (final) Blend
$620k
Owner & transaction history
The Ahmet Demir Living Trust
The Ahmet Demir Living Trust
since 2025
7 recorded transactions
2025
Price N/A
2019
Price N/A
2019
$950,000
2018
Price N/A
2018
Price N/A
2004
$785,000
1969
Price N/A
Zoning & alternative use
I · Addison, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $955,000 +15.3%
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More about this property
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