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    707-717 N Iowa Ave Villa Park, IL 60181

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    For Sale
    $850,000

    Freestanding, renovated office building with storage and parking.

    Property size:
    10,200 SF

    Property Features for 707-717 N Iowa Ave

    General Information

    Size
    10,200 SF

    Building Details

    Year built
    1961

    Source: Olivia Czyzynski Agent Olivia Czyzynski

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

    Overview

    Renovated Office Building with Storage

    The property at 707-717 N Iowa Ave is a 10,200 square foot freestanding, single-story office building available for sale. Fully renovated, the building is move-in ready and includes a small storage component and an overhead garage door. The property was originally a 4-unit flex building and can be converted back. The M-1 zoned parcel has a dedicated parking lot with 30 designated parking spots, as well as abundant street parking. An owner/user can occupy the entire building, easily divide it in half and lease 50% of the building, or convert back into multi-tenant flex. The property is located immediately off North Avenue (IL Rte. 64) and Addison Road, one mile west of Route 83. It offers convenient access to I-290, I-294, and Route 83, providing seamless connectivity to Chicago, O’Hare International Airport (15 miles away), and the western suburbs. The property is located in DuPage County within the Eastern East/West Corridor submarket.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Villa Park
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9868377
    Latitude
    41.9033427

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    FAQs

    What type of property is this?
    Office building - Freestanding, renovated office building with storage and parking.
    Where is this office building located?
    The property is located at 707-717 N Iowa Ave Villa Park, IL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 10,200 SF **fully renovated, move-in-ready, single-story office building.**; - Flexible use: can be occupied by a single owner/user, divided in half for lease, or converted back to multi-tenant flex space.; - **Excellent location:** immediate access to North Avenue and Addison Road, 1 mile west of Route 83, with easy access to I-290, I-294, and Route 83.
    (312) 676-1862
    Request Owner's contact information
    707-717 N Iowa Ave Villa Park, IL 60181
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    Villa Park, IL 60181
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    Realmo Value Estimation

    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.

    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.

    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
    707-717 N Iowa Ave Villa Park, IL 60181
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