Financial
Distress signals
Property profile

1400 Norwood Ave Itasca, IL 60143

OFF-MARKET
Industrial properties
Property ID
US28-5840938
102,470 SF 4.55 ac lot Built 1976
Last sale Nov 2021 · $7,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional industrial property, located in Chicago's O'Hare submarket cluster, offers 102,617 square feet of warehouse, distribution, and manufacturing space. Currently, there is 38,956 square feet of vacant space available, divisible to a minimum of 19,478 square feet. The building boasts a desirable 16-foot clear ceiling height, enhancing operational efficiency. On-site amenities include 4,692 square feet of office space, providing ample room for administrative functions. The…

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?
$155k
Tax billed · 2023
Assessed value$2.15M
Assessed land$446k
Assessed improvement$1.70M
Effective rate7.19%

Value estimate

· Sep 2026
$8.94M
$8.04M – $9.83M
AI approach$9.07M
CAP approach$6.79M
Submarket $/SF estimate$8.67M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$84 – $117

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?
I
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.7
Auto Repair Shop15.3
Pharmacy14.8

Location

1400 Norwood Ave Itasca, IL 60143-1129
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
701 Rohlwing, Itasca, IL 60143-1348 $11,500,000 Aug 2024 101,280 SF
751 Rohlwing, Itasca, IL 60143-1315 $11,800,000 May 2023 109,000 SF
21st Thorndale, Itasca, IL 60143-1153 $10,250,000 Dec 2022 130,500 SF
1549 Glenlake, Itasca, IL 60143-1116 $8,050,000 Jan 2022 78,161 SF
751 Expy, Itasca, IL 60143-1321 $7,711,500 Jan 2022 63,518 SF
1350 Bryn Mawr, Itasca, IL 60143-1314 $10,600,000 Jan 2022 106,630 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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