Financial
Distress signals
Property profile

824 Kay Ave Addison, IL 60101

OFF-MARKET
Other industrial properties
Property ID
US28-1286095
10,400 SF 0.48 ac lot Built 1968
Last sale Aug 2025 · $932,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This industrial building in Addison, Illinois consists of approximately 10,400 square feet and was constructed in 1968. It features masonry construction and is zoned M2 (General Manufacturing). The building includes about 1,300 square feet of office space and provides approximately 17-foot ceiling heights. Material handling is supported by one exterior dock and two drive-in doors. Site and building systems include a 400A 480V power supply, gas forced heating, and a sprinkler system. Parking is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$304k
Assessed land$64k
Assessed improvement$241k
Effective rate7.36%

Value estimate

· Sep 2026
$435k
$392k – $479k
CAP approach$690k
Sales comparison$1.05M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$77 – $112
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.1
Law Firm26.9
Spa & Massage22.2

Location

824 Kay Ave Addison, IL 60101-4907
County assessor Recorded deeds · 3 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
125 Fairbank, Addison, IL 60101-3153 $1,110,000 Dec 2024 10,080 SF
1514 Wrightwood, Addison, IL 60101-3034 $1,325,000 Oct 2024 11,840 SF
115 Laura, Addison, IL 60101-5113 $1,306,000 Oct 2024 12,858 SF
50 Laura, Addison, IL 60101-5115 $1,770,000 Sep 2024 13,575 SF
240 Lombard, Addison, IL 60101-3022 $972,000 Aug 2024 10,800 SF
1212 National, Addison, IL 60101-3131 $1,450,000 Jun 2024 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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