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    100 Fairbank St Addison, IL 60101

    • Industrial properties
    • 13,952 SF
    • 0.72 lot acres
    For Lease
    View listing
    $9 SF/Yr
    Value Estimation
    $1,245,000
    Last Sale
    Dec 15, 2022
    $1,238,000
    Location Intelligence
    Property ID
    US28-1384677
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 100 Fairbank St

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.72 lot acres
    Property size
    13,952 SF
    Zone code
    I
    Property type
    Industrial properties
    APN
    03-30-404-008
    APU
    330404008

    Description

    This exceptional 6,575 square foot industrial warehouse, located at 100 S Fairbank Street in DuPage County, offers 2,875 square feet of immediately available space. The property boasts modern interior finishes, including upgraded flooring and paint, and features attractive glass sidelights in the offices. The warehouse includes two dock-high doors and a 12' x 14' drive-in door, providing ample loading and unloading capabilities. The ceiling height is a generous 16 feet. The property benefits from a robust power supply, featuring 400 amps, 120/240 volts, and 3-phase power. Parking is readily available with a ratio of 2 spaces per 1,000 square feet. This institutionally owned and professionally managed building enjoys an excellent location, less than 1.5 miles from I-355 and easily accessible from Army Trail Road. Its proximity to numerous restaurants and amenities further enhances its appeal. This is a prime opportunity for businesses seeking a high-quality, well-maintained industrial space in a highly convenient location. The multiple tenancy structure offers flexibility for various business needs. The property's upgraded interior and strategic location make it an ideal choice for discerning tenants.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,335,000
      6.5%
      $1,285,000
      7%
      $1,115,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,335,000
      Geo Method
      $1,370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,300,000
      Retail
      $1,125,000
      Mixed-Use
      $1,150,000
      Hospitality
      $1,270,000
      Educational
      $1,390,000
      Residential Income
      $1,005,000
      Energy
      $1,005,000
      Income-Based Land
      $1,295,000
      Food Service
      $1,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0185
    Latitude
    41.9252
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,522
    $96,410
    $236,700
    $333,110
    -
    $289,230
    $710,100
    $999,330

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      Addison Flex/Industrial Space Available

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    100 Fairbank St
    Addison, IL 60101
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    Realmo Value Estimation

    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.

    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.

    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
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