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    575 Fullerton Ave Addison, IL 60101

    Sponsored
    For Sale
    Contact for pricing

    Prime Addison land, ideal for logistics. High-income cell tower.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.5-acre commercial land parcel is strategically located in Addison, Illinois, at 575 W Fullerton Avenue, within DuPage County (zip code 60101). Its prime location offers unparalleled access to major transportation arteries, including I-355, I-290, North Avenue, Route 83, and Lake Street, making it highly attractive for businesses requiring efficient logistics and distribution networks. The property is currently generating significant supplemental income from an existing cell tower, which yields approximately $2,500 per month. This lease agreement has 15 years remaining, with a built-in 25% rent increase every five years

    Property Features for 575 Fullerton Ave

    General Information

    Property type
    Land
    Lot Size
    196,020 SF

    HighLights

    • 4.5‑acre parcel available for sale.
    • Excellent access to major roadways: I‑355, I‑290, North Avenue, Route 83, and Lake Street.
    • Highly suitable for logistics and outdoor storage operations.
    • Benefits from low DuPage County property taxes.
    • Features an existing cell tower generating approximately $2,500/month in income (15‑year lease remaining, with 25% rent increases every 5 years; last increase September 2024).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0032309
    Latitude
    41.919575

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    FAQs

    What type of property is this?
    Land - Prime Addison land, ideal for logistics. High-income cell tower.
    Where is this land located?
    The property is located at 575 Fullerton Ave Addison, IL.
    What are key features of this property?
    This property features: 4.5-acre parcel available for sale.; Excellent access to major roadways: I-355, I-290, North Avenue, Route 83, and Lake Street.; Highly suitable for logistics and outdoor storage operations.
    Request Owner's contact information
    575 Fullerton Ave 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
    575 Fullerton Ave Addison, IL 60101
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