Property profile

1005 Geneva St Shorewood, IL 60404

OFF-MARKET
Industrial properties
Property ID
US28-1597550
13,920 SF 2.12 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,090-square-foot warehouse in Shorewood, IL, offers a versatile space ideal for various businesses. Located on a 2.12-acre lot, the property boasts 6 loading docks, 1 drive-in bay, and ample parking for 30 vehicles. The two-story building features heavy power (1200+ amps) and circuit breakers, ensuring sufficient electrical capacity. Its I-2 zoning allows for a range of industrial uses. The strategic location, less than two miles from I-55, provides easy access to major transportation routes, making it perfect for logistics and distribution. The property's significant square footage and flexible loading options cater to businesses requiring substantial space and efficient material handling. With 14,090 square feet of vacant space available, this single-tenant property presents a unique opportunity to establish or expand your operations in a prime location. The property's features, including the ample parking and convenient access to I-55, contribute to its overall appeal and suitability for a variety of industrial and commercial uses. The property's APN is 050616102014.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 13,920 SF
Lot 2.12 ac (92,347 SF)
APN 05-06-16-102-014
UPID US28-1597550

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1005 Geneva St Shorewood, IL 60404-9409
Shorewood metro Census 883213 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2022
Last sale
$1.4M
7 recorded transactions
2022
$1.4M
2020
$975,000
2020
$14,000
2019
Price N/A
2017
Price N/A
2017
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.3M +63.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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