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    1280 Powis Rd West Chicago, IL 60185

    Sponsored
    For Sale
    Contact for pricing

    4,800 SF Office, Redevelopment Opportunity

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 4,800 square foot office building in West Chicago, Illinois presents a unique redevelopment opportunity. Situated on a 2-acre lot, this three-story building is currently operating as a state-licensed CDL school. The property includes a completely renovated administrative building, representing a half-million-dollar investment in recent upgrades. Key features include ample parking, enhanced security measures such as surveillance cameras and coded gates with remote access capabilities. The property's zoning is Residential (Special Use Permitted), offering flexibility for future development. Strategically located near DuPage County Airport and within a 15-minute drive of major highways, this property enjoys excellent accessibility and visibility. The sale includes two legal parcels totaling 2 acres. This offering presents a compelling investment opportunity for owner-users seeking a turnkey operation or developers envisioning a new project. The existing business is also available for sale as a package transaction, providing additional income potential. The property's location in DuPage County, Illinois, offers a strong market for commercial real estate. This is a rare chance to acquire a well-maintained, strategically positioned property with significant upside potential.

    Property Features for 1280 Powis Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,800 SF
    Lot Size
    87,120 SF

    Building Details

    Buildings
    1
    Stories
    3

    HighLights

    • 4,800 SF office building on a 2‑acre lot in West Chicago, IL, recently renovated with a $500,000 investment.
    • Ample parking, security cameras, coded gates with remote access.
    • Includes an active, state‑licensed business; potential for package sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ruler CDL School ... Drivers License Training School CDL Truck Rental ... Truck Rental Agency

    Suggested Use

    Restaurant Realty agency Hair Salon Clothing Store Hotel & Motel Pharmacy Gym & Fitness Accounting Firm Bar & Pub Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Chicago
    County
    DuPage
    State
    Illinois
    Longitude
    -88.2386661
    Latitude
    41.9049044

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    FAQs

    What type of property is this?
    Office Property / Space - 4,800 SF Office, Redevelopment Opportunity
    Where is this office property / space located?
    The property is located at 1280 Powis Rd West Chicago, IL.
    What are key features of this property?
    This property features: 4,800 SF office building on a 2-acre lot in West Chicago, IL, recently renovated with a $500,000 investment.; Ample parking, security cameras, coded gates with remote access.; Includes an active, state-licensed business; potential for package sale.
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    1280 Powis Rd West Chicago, IL 60185
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    West Chicago, IL 60185
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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
    1280 Powis Rd West Chicago, IL 60185
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