Financial
Distress signals
Property profile

199 Addison Rd Wood Dale, IL 60191

OFF-MARKET
Commercial real estate
Property ID
US28-5715381
27,936 SF 3.38 ac lot Built 1981
Last sale Jun 2007 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 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 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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$74k
Tax billed · 2023
Assessed value$986k
Assessed land$681k
Assessed improvement$306k
Effective rate7.50%

Value estimate

· Sep 2026
$2.68M
$2.41M – $2.95M
AI approach$2.60M
Submarket $/SF estimate$2.65M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$96 – $264
Qualifying comparables11

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?
C
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 agency28.8
Restaurant25.5
Law Firm25.3

Location

199 Addison Rd Wood Dale, IL 60191-1929
County assessor Recorded deeds · 3 transfers 11 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Irving Park, Wood Dale, IL 60191-1647 $1,000,000 Dec 2024 8,976 SF
1200 Mittel, Wood Dale, IL 60191-1021 $5,500,000 Jul 2024 94,112 SF
220 Gerry, Wood Dale, IL 60191-1129 $1,670,000 Mar 2023 20,352 SF
210 Irving Park, Wood Dale, IL 60191 $1,800,000 Dec 2022 8,464 SF
200 Irving Park, Wood Dale, IL 60191-2019 $1,800,000 Dec 2022 7,826 SF
301 Irving Park, Wood Dale, IL 60191-1325 $5,500,000 May 2021 28,000 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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