Property profile

1201 Washington St West Chicago, IL 60185

OFF-MARKET
Office buildings
Property ID
US28-1407842
1,386 SF 3.84 ac lot Built 1928
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property in West Chicago, Illinois, presents a significant investment opportunity. Located at 1201 W Washington St, 60185, this 5.5-acre site boasts three buildings totaling 11,185 square feet, offering ample space for various industrial uses. The property features a substantial 9,800 square foot shop and a 1,385 square foot office space, ideal for management or administrative functions. Built in 1972, the buildings sit on a fully concrete lot, capable of accommodating 100+ trailers. The high ceilings, measuring 15 feet, provide excellent vertical clearance for storage or equipment. The property is zoned M, allowing for a wide range of industrial applications. This prime location in DuPage County offers easy access to major transportation routes, making it an attractive option for businesses requiring efficient logistics. The asking price is $4,500,000. Detailed information is available in a brochure.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1928
Construction BRICK
Total area 1,386 SF
Lot 3.84 ac (167,270 SF)
Zoning code C
APN 04-08-201-006
UPID US28-1407842

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Car Rental Facility
  • Building Supply

Location

1201 Washington St West Chicago, IL 60185-2652
West Chicago metro Census 841501 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2015
3 recorded transactions
2015
$1.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · West Chicago, IL

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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