Property profile

554 North Ave Addison, IL 60181

OFF-MARKET
Land
1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the thriving Villa Park, IL market. Located at 554 W North Ave, Villa Park, IL 60181, this single-tenant property offers significant development potential. The expansive lot size provides ample space for a variety of commercial ventures, catering to diverse business needs. Its strategic location within Villa Park ensures high visibility and accessibility, benefiting from established infrastructure and convenient access to major transportation routes. The property's zoning allows for a range of commercial uses, making it an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to establish a new presence. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to acquire a substantial piece of commercial real estate in a highly desirable location, offering significant long-term growth potential. The property's size and location make it ideal for a variety of commercial developments, from retail spaces to light industrial uses. Serious inquiries are encouraged to explore the possibilities this prime location offers. The address is confirmed as 554 W North Ave, Villa Park, IL 60181. The property is situated at latitude 41.90532269237412 and longitude -87.99224009478014.

Property profile

Verified
Property type Land
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

554 North Ave Addison, IL 60181
Addison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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