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    Specialty properties

    22W421 Army Trail Rd, Addison, IL 60101

    3,000 SF 2.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.1-acre property in Addison, Illinois, presents a unique investment opportunity. Located on Army Trail Road (APN 02-23-303-010), this commercially zoned (R2) land boasts a 3,000 square foot brick ranch building, previously used as office headquarters. The property features ample parking on a paved lot, a large garage, and a full basement offering versatile storage or workspace potential. New HVAC, well, and septic systems ensure reliable infrastructure. The expansive lot, with over 275 feet of street frontage, allows for diverse uses, including but not limited to: a home business (salon, spa, construction services), a multi-unit residential development, or a custom-built home. The property's location and zoning provide flexibility for various commercial or residential ventures. The asking price is $739,000 ($246.33/sq ft). This offering includes an adjacent parcel, expanding the potential for development. This is a rare opportunity to acquire a well-maintained property with significant upside potential in a desirable location. The property is situated in DuPage County, Illinois, with a 60101 zip code.

    Property profile
    Verified
    Property type Specialty properties
    Total area 3,000 SF
    Lot 2.1 ac (91,476 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • RJ Nelson Enterprises Ltd Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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