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    Villa Park Industrial Building Title is generated by Realmo AI

    111 W Home Ave, Villa Park, IL

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    Leased industrial building in Villa Park, Illinois.

    Type:INDUSTRIAL
    Property size:
    3,738 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $139/SF
    Added:
    Nov 25, 2025
    Days on Market:
    220
    Last Refresh:
    May 20 at 8:02 pm

    Property Features for 111 W Home Ave

    General Information

    Standard status
    Active
    Size
    3,738 SF
    Lot size
    0.16 Acres
    Property subtype
    INDUSTRIAL

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    Bhavin Patel

    Listing office Compass Group USA

    Listing date Nov 25, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Compass Group USA

    HighLights

    • Fully leased investment property
    • 3,738± sf Industrial Building
    • Zoned M‑1 in Villa Park
    • Separate entrance into the shop
    • Drive‑in door
    • Central air

    Overview

    This is a fully leased industrial building investment property with 3,738 square feet of space, located in Villa Park, Illinois. The property is zoned M-1. The building features two offices, two restrooms, and an upper loft area. It also includes a drive-in door, central air conditioning, and extra amp service. There is a separate entrance into the shop. The building does not have Triple Base Drains.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $67.3k $18.00
    − Vacancy −$6.7k −$1.80
    EGI $60.6k $16.20
    − OpEx −$21.2k −$5.67
    NOI $39.4k $10.53
    3,738 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $562.3K
    $492.0K – $656.0K (±1% cap)
    NOI $39,361 @ 7.0% cap · market cap 7.57%
    Second Best
    Warehouse
    $279.1K
    $244.2K – $325.7K (±1% cap)
    NOI $19,539 @ 7.0% cap · market cap 3.76%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,339 @ 7.0% cap · market cap 17.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bear Metal Welding ... General Contractor Park Tool & Machine ... Industrial Manufacturer

    Suggested Use

    Real Estate Agency Law Firm Restaurant Department Store Gym & Fitness Center Nursing Home Parking Lot & Garage Nursing Home Dental Office Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Villa Park
    County
    DuPage
    State
    Illinois
    Longitude
    -87.982
    Latitude
    41.8886

    FAQs

    What type of property is this?
    Flex space - Leased industrial building in Villa Park, Illinois.
    Where is this flex space located?
    The property is located at 111 W Home Ave Villa Park, IL.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: Fully leased investment property; 3,738± sf Industrial Building; Zoned M‑1 in Villa Park
    (760) 899-3662 Call to check price and availability
    More about this property
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