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Property profile & analytics

642 Forestwood Dr Romeoville, IL 60446-1354

  • Industrial properties
  • 4.18 lot acres
OFF-MARKET
Last Sale
Dec 20, 2024
$5,650,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2339875
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Everest Snow Management / Snow Removal Service
  • American Stair Corporation / Stair Contractor

Property Details for 642 Forestwood Dr

Lot size
4.18 lot acres
Property type
Industrial properties
APN
12-02-34-201-010
APU
120234201010

Description

This exceptional 64,570-square-foot industrial property, located at 642 Forestwood Drive in Romeoville, Illinois (zip code 60446), presents a compelling investment opportunity. Built in 1989 and situated on a 4.18-acre lot, this M-2 zoned facility boasts a 24-foot ceiling height, ideal for various manufacturing and warehousing operations. The property features seven loading docks with the potential to add four more, enhancing operational efficiency. Ample power is provided via a 4,000A, 240V, 3-phase system. The warehouse space is complemented by 11,945 square feet of renovated office space, perfect for administrative functions. Employee amenities include a training room, breakroom, gym, and showers. Further enhancing the property's functionality are a 5-ton overhead crane with a 16-foot underhook, additional overhead crane rails, and a wet sprinkler system. The property also includes a 947-square-foot mezzanine and offers 1.45 parking spaces per 1,000 square feet. LED lighting throughout reduces energy costs. Property taxes are $99,000 annually ($1.57 per square foot). The property is available immediately. The clear span warehouse design maximizes usable space.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

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Location Insight

  • Map
  • Local Demand
City
Romeoville
County
Will
State
Illinois
Longitude
-88.0722
Latitude
41.6533
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$99,055
$269,861
$803,139
$1,073,000
-
$809,583
$2,409,417
$3,219,000
More about this property
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