Property profile

740-742 Princeton Ave Villa Park, IL 60181

OFF-MARKET
Warehouses
16,055 SF Built 1957
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Year built 1957
Total area 16,055 SF

Cap rate & NOI

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

Location

740-742 Princeton Ave Villa Park, IL 60181
Villa Park metro
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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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