1251 Humbracht Cir Bartlett, IL 60103
- Industrial properties
- 4,914 SF
- 4.28 lot acres
Current Use by Public Records
- Glenwood Tool & Mold / Tool Manufacturer
- Insight Inc. / Marketing Consultant / Packaging Machinery
- Jovanny's work / Engineering Consultant
- Empire Abrasives Inc / Equipment Supplier
- Bartlett Animal Hospital / Veterinarian / Animal Hospital
Property Details for 1251 Humbracht Cir
- Year built
- 2006
- Lot size
- 4.28 lot acres
- Property size
- 4,914 SF
- Zone code
- I
- Property type
- Industrial properties
- APN
- 01-04-313-005
- APU
- 104313005
Description
This exceptional 10,610-square-foot Class A industrial condo in Bartlett, Illinois, presents a unique investment or user opportunity. Located at 1251 Humbracht Circle, Suite B, this single-story building boasts a desirable blend of warehouse and office space, approximately 35% of which is finished office space. The property features a 20-foot clear ceiling height, enhancing functionality and storage capacity. A significant advantage is the inclusion of one truck dock with a leveler and a 10' x 12' drive-in door, ensuring efficient loading and unloading. Adding to its versatility, there's approximately 2,000 square feet of mezzanine storage space. The high-quality office build-out includes upgraded finishes, perimeter offices, an open area, kitchen and lunchroom, reception area, and a conference room. The property benefits from low Kane County taxes and a high-end pre-cast exterior. The building is equipped with heavy power (120/240/480 volt 3-phase). Its prime location offers easy access to major transportation arteries including I-90, Route 290, Route 20, and Route 59, and is conveniently close to restaurants, shopping, hotels, and a strong labor pool. The asking price of $1,450,000 ($136.67 per square foot) represents a significant value, well below replacement cost. This property is ideal for owner-occupiers or investors seeking a high-quality, well-located industrial asset. The property is situated in DuPage County, Illinois, with a zip code of 60103.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,115,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,335,000
- 6.5%
- $1,185,000
- 7%
- $1,160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,275,000
- Geo Method
- $1,405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,355,000
- Retail
- $1,410,000
- Mixed-Use
- $1,260,000
- Hospitality
- $1,290,000
- Educational
- $1,220,000
- Residential Income
- $1,395,000
- Energy
- $1,120,000
- Income-Based Land
- $1,355,000
- Food Service
- $1,145,000
Location Insight
- Map
- Local Demand
- City
- Bartlett
- County
- Dupage
- State
- Illinois
- Longitude
- -88.2176
- Latitude
- 41.9773
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA