Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wolf Rd Hillside, IL 60162
    Back to Search
    Property profile & analytics

    Wolf Rd Hillside, IL 60162

    View on Map
    • Land
    • 9.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Wolf Rd

    Lot size
    9.50 lot acres
    Property type
    Land

    Description

    This exceptional 9.5-acre commercial land parcel presents a unique investment opportunity in Hillside, Illinois. Strategically located at the intersection of Cermak Road and South Wolf Road, this raw land boasts unparalleled accessibility. The property benefits from its proximity to major thoroughfares, including easy access to I-88, I-290, and I-294, ensuring seamless connectivity for businesses and employees. An existing traffic light at the northeast corner of the site further enhances visibility and accessibility. The property's location is also highly advantageous, situated just minutes away from the prestigious Oakbrook Center, a major regional shopping destination. Adding to its appeal, the land is adjacent to the Westbrook Corporate Center, a substantial 1.2 million square foot office complex, creating a vibrant and established business environment. The property is zoned B-4, offering a wide range of development possibilities. This expansive parcel presents a blank canvas for ambitious development projects, capitalizing on its prime location and excellent infrastructure. The 9.5-acre size provides ample space for a variety of commercial ventures, making it an ideal investment for developers seeking a high-impact location in a thriving area. The Cook County location and 60162 zip code further solidify its desirability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillside
    County
    Cook
    State
    Illinois
    Longitude
    -87.9013
    Latitude
    41.8481

    Comparable in this City

    • Value Estimation by Request
      0.54 Acres

      4524 Harrison St

      COMMERCIAL (GENERAL) • 0.54 Acres
      4524 Harrison St, Hillside, IL 60162
      View Details
    • Value Estimation by Request
      0.59 Acres

      4150 Litt Dr

      COMMERCIAL (GENERAL) • 0.59 Acres
      4150 Litt Dr, Hillside, IL 60162-1120
      View Details
    • Value Estimation by Request
      0.11 Acres

      4425 Harrison St

      COMMERCIAL (GENERAL) • 0.11 Acres
      4425 Harrison St, Hillside, IL 60162-1901
      View Details
    • Value Estimation by Request
      0.07 Acres

      461 Wolf Rd

      COMMERCIAL (GENERAL) • 0.07 Acres
      461 Wolf Rd, Hillside, IL 60162-1207
      View Details
    • Value Estimation by Request
      0.11 Acres

      4100 Roosevelt Rd

      COMMERCIAL (GENERAL) • 0.11 Acres
      4100 Roosevelt Rd, Hillside, IL 60162-1824
      View Details
    • Value Estimation by Request
      0.08 Acres

      4222 Warren Ave

      COMMERCIAL (GENERAL) • 0.08 Acres
      4222 Warren Ave, Hillside, IL 60162-1727
      View Details

    Similar Nearby for Sale

    • $995,000

      Redevelopment Opportunity in Hillside

      1.43 acre redevelopment opportunity near Oakbrook and Chicago.
      323 Oak Ridge Ave, Hillside, IL 60162
      View Details
    • $995,000

      Redevelopment Opportunity in Quiet Neighborhood

      1.43 acres zoned R-4, redevelopment opportunity near Roosevelt Rd.
      323 Oak Ridge Ave, Hillside, IL 60162
      View Details
    • $839,000
      6,500 SF

      Hillside Office Building - Great Location!

      6,500 SF Office Building, Ideal for Business
      4418 Roosevelt Rd, Hillside, IL 60162
      View Details
    • Contact for pricing
      2,487 SF

      Commercial Property Near Transportation Hubs

      Conveniently located commercial property with easy access to major transportation.
      4700 Roosevelt Rd, Hillside, IL 60162
      View Details
    • $490,000
      0.19 Acres

      Commercial Property in Hillside, IL

      Commercial property for sale in Hillside, Illinois.
      4100 Washington Blvd, Hillside, IL 60162
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 3,894 square feet.
      4152 West Roosevelt Rd, Hillside, IL 60162
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      30 S Mannheim Rd, Hillside, IL 60162
      View Details
    • Contact for pricing
      1,525 SF

      Retail Space with Highway Visibility

      Retail space with high traffic and excellent visibility.
      318 Center St, Hillside, IL 60162
      View Details
    • Contact for pricing
      17,308 SF

      Renovated Office Space for Rent

      Professionally managed, renovated office space with excellent visibility and access.
      4600 W Roosevelt Rd, Hillside, IL 60162
      View Details
    • Contact for pricing
      36,625 SF

      Industrial Space with Dock Doors

      36,625 SF industrial unit with docks and drive-ins.
      4160 Madison St, Hillside, IL 60162
      View Details
    • Contact for pricing

      Hillside Logistics Center Distribution Facility

      295,393 SF distribution facility with unmatched accessibility.
      5999 Butterfield Rd, Hillside, IL 60162
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Wolf Rd
    Hillside, IL 60162
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Wolf Rd, Hillside, IL, 60162
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!