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    7795 Il-154 Baldwin, IL 62217

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    For Sale
    Contact for pricing

    142,559 SF Warehouse - Multiple Tenants

    Property size:
    1,425 SF

    Property Features for 7795 Il-154

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,425 SF
    Class
    A
    Lot Size
    174,240 SF

    Building Details

    Year Built
    2011
    Buildings
    1
    Units
    11

    We can help!

    Listing Contact
    Jon Fisher
    Jon Fisher

    Listing Agent: Jon Fisher

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

    Learn more

    Overview

    This exceptional 142,559-square-foot industrial warehouse, built in 1978, presents a significant opportunity in Ventura County's thriving business landscape. The single-story building boasts a 30-foot ceiling height, providing ample vertical space for various operational needs. Nine dock-high doors and eight drive-in doors ensure efficient loading and unloading, complemented by 75 total parking spaces for employees and visitors. The property is zoned MPD, Ventura, and is ideally situated for businesses seeking easy access to major transportation routes, including the Ventura Motorway (US 101). Currently, there is one available space of 70,567 square feet for lease within the larger building, suitable for multiple tenants. The property's location in Ventura County offers a desirable combination of business advantages and quality of life, with access to excellent schools, universities (including Cal State University, Channel Islands), and a strong community. The area is home to a diverse range of established corporations, creating a robust and supportive business environment. This warehouse provides a strategic location for businesses seeking to capitalize on Ventura County's economic strengths and attractive lifestyle. The property's size, features, and location make it an ideal choice for a variety of industrial and warehousing operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Baldwin
    County
    Randolph
    State
    Illinois
    Longitude
    -89.861714114656
    Latitude
    38.184499536613

    Nearby Similar for Sale

    • $900,000
      1,425 SF

      K-River Motel & Campground

      Motels • 1,425 SF
      7794 Il-154, Baldwin, IL 62217
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 142,559 SF Warehouse - Multiple Tenants
    Where is this multifamily property located?
    The property is located at 7795 Il-154 Baldwin, IL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 142,559 SF industrial warehouse in Ventura County.; Single-story building, 1978 construction.; One available space: 70,567 SF.
    (217) 202-0924 Call to check price and availability
    Request Owner's contact information
    7795 Il-154 Baldwin, IL 62217
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    Baldwin, IL 62217
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7795 Il-154 Baldwin, IL 62217
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jon Fisher
    Jon Fisher
    Real Estate License ID: 471020503
    (217) 202-0924 (217) 351-1988
    Learn more
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