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    27w174 North Ave West Chicago, IL 60185

    Sponsored
    For Sale
    $775,000

    West Chicago, IL: 3,316 SF Vacant Retail

    Property size:
    3,316 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,316 square foot vacant retail property, located at 27W174 North Ave in Carol Stream, IL (zip code 60185), presents a unique investment opportunity. Recently annexed into Carol Stream, this 0.87-acre site boasts high visibility and signage on heavily trafficked North Avenue (Route 64). The property features a secure, gated site with multiple points of access from both Route 64 and County Farm Road, ensuring convenient ingress and egress. Public sewer and water are readily available. The existing buildings comprise approximately 1,616 square feet in the main building and an additional 1,700 square feet in a garage. The property is zoned B-3 General Business District, and special use permits and variances are currently in place for outdoor sales, parking, equipment, and materials storage. This versatile space is ideal for a variety of uses, including a strip center, drive-thru restaurant, or coffee shop. The asking price is $775,000, translating to $233.72 per square foot. The property's parcel ID numbers are 01-36-204-019 and 01-36-204-014. Adjacent land is also available for expansion. Don't miss this chance to acquire a prime retail property in a thriving location.

    Property Features for 27w174 North Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,316 SF
    Lot Size
    37,897 SF

    HighLights

    • Recently annexed to the Village of Carol Stream.
    • High visibility and signage on North Avenue (Route 64).
    • Secure, gated site.
    • Multiple access points on Route 64 and County Farm Road.
    • Public sewer and water available.
    • Parcel ID: 01‑36‑204‑019; 01‑36‑204‑014.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chicago
    County
    DuPage
    State
    Illinois
    Longitude
    -88.1500285
    Latitude
    41.9088207

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    FAQs

    What type of property is this?
    Restaurant - West Chicago, IL: 3,316 SF Vacant Retail
    Where is this restaurant located?
    The property is located at 27w174 North Ave West Chicago, IL.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Recently annexed to the Village of Carol Stream.; High visibility and signage on North Avenue (Route 64).; Secure, gated site.
    Request Owner's contact information
    27w174 North Ave 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
    27w174 North Ave West Chicago, IL 60185
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