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    740-742 Princeton Ave Villa Park, IL 60181

    For Lease
    $9 SF/Yr ($12,710 /Mo)

    Prime DuPage County warehouse space. Ideal for distribution or storage.

    Lot size:
    16,055 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 740-742 N. Princeton Ave in Villa Park, Illinois, offers 5,000 square feet of immediately available warehouse space within a larger 16,055 square foot building. The building, constructed in 1957, features a desirable 14-foot ceiling height, providing ample vertical storage capacity. The property boasts convenient access with three drive-in doors and one loading dock, ensuring efficient loading and unloading operations. Power is provided by a robust 3-phase, 800 AMP electrical system, suitable for a variety of industrial uses. The property is designated as a multi-tenant building, although currently only one suite is available. This suite comprises the entire 5,000 square foot vacant space. The property's location in DuPage County, Illinois, offers excellent access to major transportation routes, making it an ideal location for distribution businesses. The lease requires a minimum three-year term. This is a fantastic opportunity for businesses seeking a well-maintained warehouse space in a prime location. The property's features and location make it an attractive option for a variety of industrial and distribution needs. Contact us today to schedule a viewing.

    Property Features for 740-742 Princeton Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,055 SF
    Total Rate
    12710.21

    Building Details

    Year Built
    1957

    Unit(s) available at that property

    Space
    Available space
    Size
    5,000 SF
    Rate per SF
    $9

    HighLights

    • Clean warehouse space.
    • Three 12' x 12' drive‑in doors and one dock‑high door.
    • Excellent access to I‑290 and I‑355.
    • High visibility from North Avenue.
    • Building signage permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Villa Park
    County
    DuPage
    State
    Illinois
    Longitude
    -87.980808
    Latitude
    41.90453

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    FAQs

    What type of property is this?
    Distribution property - Prime DuPage County warehouse space. Ideal for distribution or storage.
    Where is this distribution property located?
    The property is located at 740-742 Princeton Ave Villa Park, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Clean warehouse space.; Three 12' x 12' drive-in doors and one dock-high door.; Excellent access to I-290 and I-355.
    Request Owner's contact information
    740-742 Princeton Ave Villa Park, IL 60181
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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
    740-742 Princeton Ave Villa Park, IL 60181
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