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    701 North Michigan Ave Villa Park, IL 60181

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    For Lease
    $13 SF/Yr ($19,286 /Mo)

    End-cap industrial unit with dock and drive-in door access.

    Property size:
    17,803 SF
    Lot size:
    17,803 SF

    Property Features for 701 North Michigan Ave

    General Information

    Size
    17,803 SF

    Source: Matt Hanson Agent Matt Hanson

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

    Overview

    Industrial End-Cap Unit Available

    This 17,803-square-foot industrial unit is available for lease. The property is an end-cap unit featuring both a dock and a drive-in door. It is situated in an established industrial park, providing convenient access to major transportation routes via nearby Route 64 and I-355.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    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.

    Similar Places Nearby

    Extra Space Storage, Premier food, Premier Food Supplies LLC, Secure Document Solutions, Illinois Velocity Restoration, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Villa Park
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9848864
    Latitude
    41.8767283

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    FAQs

    What type of property is this?
    Warehouse - End-cap industrial unit with dock and drive-in door access.
    Where is this warehouse located?
    The property is located at 701 North Michigan Ave Villa Park, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to major transportation routes (Rt. 64, I-355); - Established industrial park location; - End-cap unit
    (847) 758-9200
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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
    701 North Michigan Ave Villa Park, IL 60181
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