344 St Paul Blvd, Carol Stream, IL 60188
This exceptional 7,305-square-foot warehouse, situated on a spacious 1.84-acre lot in Carol Stream, Illinois, presents a compelling investment opportunity. Built in 1984, this single-story building boasts a 13-foot clear ceiling height, two loading docks with two dock-high doors, and ample parking for approximately 50 cars and 10 trailers. Recent renovations enhance its appeal, including a new roof (2021), HVAC system (2019), LED lighting (2024), and new windows (2024). The parking lot was also resurfaced in 2022. The property offers excellent access to I-355 and other major expressways, benefiting from a strong local workforce. This well-maintained, standalone facility is ideal for contractors, landscapers, or service companies seeking a hard-to-find, functional space. The asking price is $1,675,000, translating to $229.30 per square foot. The property features approximately 1,800 square feet of office space. The electrical service is 600A, 240V, 3-phase. This is a rare opportunity to acquire a fully renovated and well-located industrial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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