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    OFF-MARKET
    Industrial properties

    109 11th Ave, Maywood, IL 60153-1335

    0.11 ac lot Built 1955
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-1741362
    Property summary
    AI-generated overview

    This fully rehabbed 4,000 square foot all-steel and concrete warehouse/shop in Maywood, IL, presents a fantastic investment opportunity. The property boasts a spacious interior with no interior support columns, allowing for maximum flexibility and efficient use of space. High ceilings, ranging from 10 to 18 feet, provide ample vertical clearance. A large entry door provides easy access to the main area. The property includes a conveniently located office and bathroom complete with a shower. Six off-street parking spaces are available for added convenience. The building has undergone a complete rehabilitation and has passed all necessary permit inspections. Recent upgrades include a new office air conditioning and heating system, a 200-amp electric service with a 240v welding outlet, a 6-inch sewer line to the street, an insulated utility closet, and an 8-camera video security system. Modern conveniences such as WiFi internet access, smartphone-controlled lighting and door access, and reversible shop ceiling fans are also included. The property enjoys an excellent location, offering easy access to major transportation arteries: 8 minutes to the 290 expressway, 15 minutes to the 294 expressway, 20 minutes to O'Hare International Airport, 25 minutes to the Chicago Loop, and 30 minutes to Midway International Airport. Seller financing is available. Insulation and heat installation can be provided upon request.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1955
    Lot 0.11 ac (4,770 SF)
    APN 15-10-234-041
    UPID US28-1741362
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Michael E Allen · 4 yrs held
    Michael E Allen
    since 2022
    2 recorded transactions
    2022
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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