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    1232 W Capitol Dr Addison, IL 60101

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    For Lease
    $13 SF/Yr ($3,683 /Mo)

    3,400 SF flex space with office area for rent.

    Property size:
    3,400 SF
    Lot size:
    0.75 Acres

    Property Features for 1232 W Capitol Dr

    General Information

    Size
    3,400 SF
    Lot size
    0.75 Acres

    Source: Morken & Associates Agent Scott Morken

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

    Overview

    Addison Flex Space Available

    This 3,400 square foot flex space includes approximately 806 square feet of office space. The office area features a reception area, a large office, a conference room, a kitchenette, and two restrooms. The unit is equipped with 200 amp 3 phase electrical service and has a 14.5-foot clear height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Concept Wireless Communications Electronics Repair Shop Clemens Profit Group Hospitality And Tourism School Outlast Detail Inc. Car Detailing Service Sourcery Solutions Promotional Products Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0226985
    Latitude
    41.9237417

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    FAQs

    What type of property is this?
    Flex space - 3,400 SF flex space with office area for rent.
    Where is this flex space located?
    The property is located at 1232 W Capitol Dr Addison, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 3,400sf unit; - Approximately 806 sf of office space; - **Reception area, large office, and conference room**
    (630) 567-7804
    Request Owner's contact information
    1232 W Capitol Dr Addison, IL 60101
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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
    1232 W Capitol Dr Addison, IL 60101
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