1280 Powis Rd West Chicago, IL 60185
- Industrial properties
- 4,000 SF
- 2.00 lot acres
Current Use by Public Records
- Ruler CDL School Inc / Drivers License Training School
- CDL Truck Rental Services LLC / Truck Rental Agency
Property Details for 1280 Powis Rd
- Year built
- 1990
- Lot size
- 2.00 lot acres
- Property size
- 4,000 SF
- Zone code
- I
- Property type
- Industrial properties
- APN
- 01-32-301-016
- APU
- 132301016
Description
This exceptional 4,800 square foot office building in West Chicago, Illinois presents a unique redevelopment opportunity. Situated on a 2-acre lot, this three-story building is currently operating as a state-licensed CDL school. The property includes a completely renovated administrative building, representing a half-million-dollar investment in recent upgrades. Key features include ample parking, enhanced security measures such as surveillance cameras and coded gates with remote access capabilities. The property's zoning is Residential (Special Use Permitted), offering flexibility for future development. Strategically located near DuPage County Airport and within a 15-minute drive of major highways, this property enjoys excellent accessibility and visibility. The sale includes two legal parcels totaling 2 acres. This offering presents a compelling investment opportunity for owner-users seeking a turnkey operation or developers envisioning a new project. The existing business is also available for sale as a package transaction, providing additional income potential. The property's location in DuPage County, Illinois, offers a strong market for commercial real estate. This is a rare chance to acquire a well-maintained, strategically positioned property with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,095,000
- 6.5%
- $3,805,000
- 7%
- $4,115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,690,000
- Geo Method
- $4,095,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,540,000
- Retail
- $3,605,000
- Mixed-Use
- $4,575,000
- Hospitality
- $4,200,000
- Educational
- $3,315,000
- Residential Income
- $3,855,000
- Energy
- $4,505,000
- Income-Based Land
- $4,400,000
- Food Service
- $4,345,000
Location Insight
- Map
- Local Demand
- City
- West Chicago
- County
- Dupage
- State
- Illinois
- Longitude
- -88.2389
- Latitude
- 41.9051
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
