Property summary
This exceptional 30,000 square foot executive office building at 199 Addison Road in Wood Dale, Illinois, presents a compelling investment opportunity. Currently boasting 81.75% occupancy, the property offers a strong 8.50% capitalization rate with a projected Net Operating Income (NOI) of $245,000 in 2024. The building features two units, each offering unique advantages. Unit 107A is fully furnished, providing immediate income potential, while Unit 108 benefits from a completed medical… build-out, ideal for a healthcare professional or related business. Both units provide private office suites, private entrances, and self-controlled heating and air conditioning, enhancing tenant comfort and control. The property also includes abundant parking, a significant benefit in this location. Its strategic location offers easy access to major roadways, including Routes 290 and 83, ensuring convenient commutes for tenants and clients. The building is professionally managed, minimizing operational concerns for the owner. The property's current occupancy level presents a clear value-add opportunity through leasing the remaining vacant space. This is a rare chance to acquire a well-maintained, strategically located executive office building with significant upside potential in the thriving DuPage County market. The asking price is $2,800,000. The lease type is modified, and the tenancy is multi-tenant. The property is located in Wood Dale, IL, zip code 60191.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 11 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 27,936 SF
- Lot area
- 3.38 ac
- Year built
- 1981
- APN
- 03-16-401-007
- Zoning
- C
- Assessed value · 2023
- $986,140
- Annual tax · 2023
- $73,965
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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