Property profile

1450 Feehanville Dr Mount Prospect, IL 60056

OFF-MARKET
Industrial properties
Property ID
US28-2428463
5.6 ac lot Built 1988
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 112,290-square-foot industrial warehouse, situated on a 5.6-acre lot at 1450 Feehanville Drive in Mount Prospect, IL 60056, presents a unique leasing opportunity. Built in 1986 and extensively renovated in 2024, the property boasts a single-story building with a 24-foot ceiling height. The space is divisible, offering minimum leasable areas of 43,687 square feet and maximum contiguous space of 68,603 square feet. The property features eight loading docks, two drive-ins, and ample parking with 105 spaces. Recent improvements include a new facade and entrances, updated office finishes, new truck docks, parking lot enhancements, and upgraded lighting. The property is zoned I1 - Limited Industrial and offers 800 Amps @ 480/277V power. Property taxes are $1.81 per square foot. This multi-tenant building offers a blend of modern amenities and functionality, ideal for warehouse, distribution, or manufacturing operations. The property's strategic location in Mount Prospect, Illinois provides easy access to major transportation routes.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1988
Lot 5.6 ac (243,936 SF)
APN 03-35-200-039
UPID US28-2428463

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
  • Industrial Manufacturer Production Facility

Location

1450 Feehanville Dr Mount Prospect, IL 60056-6011
Mount Prospect metro Census 802702 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.09M

Owner & transaction history

since 2024
Last sale
$8.1M
2 recorded transactions
2024
$8.1M
1997
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1450 Feehanville Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message