Property profile

1549 Glenlake Ave Itasca, IL 60143

OFF-MARKET
Other industrial properties
Property ID
US28-5660366
78,161 SF 3.14 ac lot Built 1975
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Located in DuPage County, this industrial warehouse building contains 78,161 square feet of total space, including 6,283 square feet of office area. The warehouse is equipped with 4 interior loading docks and 1 drive-in door, with parking provided for 95 vehicles. The building offers 21-foot clear height and includes electrical service rated at 600 amps at 240 volts. The property is positioned for access to I-390, I-290, and IL Route 53.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 78,161 SF
Lot 3.14 ac (136,778 SF)
Zoning code I
APN 02-01-202-016
UPID US28-5660366

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
  • Advertising Agency Marketing & Advertising
  • Corporate Office

Location

1549 Glenlake Ave Itasca, IL 60143-1116
Itasca metro Census 840901 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.17M
CAP Approach CAP
$5.18M
Comparable Approach Comparable
$6.54M
Blend (final) Blend
$8.16M

Owner & transaction history

since 2022
Last sale
$8.1M
7 recorded transactions
2022
$8.1M
2013
Price N/A
2009
Price N/A
2008
$14.4M
2004
$18.3M
2000
$2.1M
2000
$799,000

Zoning & alternative use

I · Itasca, IL
Top alternative use upside
Commercial (general) $12.9M +58.6%

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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