Industrial Warehouse
1718 S Park Ave Streamwood, IL 60107
For Sale
Contact for pricing
Industrial warehouse building totaling 3,788 square feet, available for sale.
Property Size3,788 SF
Price / SF$150.21
Days on Market122
Property Features for 1718 S Park Ave
General Information
- Standard status
- Active
- Size
- 3,788 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1992
Listing Agency:
Caton Commercial Real Estate Group
(708) 289-8912
Listed By:
Matthew Maul · License #IL 475156204
Source:
Crexi
Added: Mar 25
Changed: Jul 23
Last Checked: Jul 23 at 3:36PM
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 Caton Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This industrial warehouse building offers a total of 3,788 square feet of space, and is available for sale.
The property is located at 1718 S Park Ave in Streamwood, Illinois.
While specific interior improvements, unit configuration, and site features aren’t provided, the asset is presented as a straightforward industrial warehouse offering sized for light industrial and storage needs within the stated footprint.
The property is located at 1718 S Park Ave in Streamwood, Illinois.
While specific interior improvements, unit configuration, and site features aren’t provided, the asset is presented as a straightforward industrial warehouse offering sized for light industrial and storage needs within the stated footprint.
Key Highlights
- Industrial warehouse building with 3,788 sq ft of total space
- Built in 1992
Financial Insights For Warehouse
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 | $24.5k | $6.48 |
| − Vacancy | −$1.3k | −$0.33 |
| EGI | $23.3k | $6.15 |
| − OpEx | −$3.5k | −$0.92 |
| NOI | $19.8k | $5.23 |
3,788 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$282.9K
$247.5K – $330.0K
NOI $19,800 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,548 @ 7.0% cap · market cap 16.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Self-Storage at U-Haul — 529 E Lake St, Streamwood, IL 60107
- Recreational Storage Inc — 2001 S Park Ave, Streamwood, IL 60107
- Public Storage — 2620 W Lake St, Hanover Park, IL 60133
FAQs
What type of property is this?
Warehouse - Industrial warehouse building totaling 3,788 square feet, available for sale.
Where is this warehouse located?
The property is located at 1718 S Park Ave Streamwood, IL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Industrial warehouse building with 3,788 sq ft of total space; Built in 1992
