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    Property profile & analytics

    1961 University Ln, Unit 3 Lisle, IL 60532-2151

    • Industrial properties
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Location Intelligence
    Property ID
    US28-2043140
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Thornel Associates, Inc. / Manufacturer / Material Handling Equipment Supplier

    Property Details for 1961 University Ln

    Lot size
    0.87 lot acres
    Zone code
    I
    Property type
    Industrial properties
    APN
    08-10-306-010
    APU
    810306010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lisle
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0872
    Latitude
    41.7924
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,098
    $100,860
    $304,200
    $405,060
    -
    $302,580
    $912,600
    $1,215,180

    Comparable in this City

    • Value Estimation by Request
      0.72 Acres

      Lisle, IL 60532

      INDUSTRIAL (GENERAL) • 0.72 Acres
      Lisle, IL 60532
      View Details
    • Value Estimation
      $260,000
      1,668 SF

      5401 Patton Dr Ste, Unit 105

      INDUSTRIAL (GENERAL) • 1,668 SF
      5401 Patton Dr Ste, Lisle, IL 60532-4372
      View Details
    • Value Estimation
      $275,000
      1,668 SF

      5401 Patton Dr Ste, Unit 110

      INDUSTRIAL (GENERAL) • 1,668 SF
      5401 Patton Dr Ste, Lisle, IL 60532-4503
      View Details
    • Value Estimation
      $325,000
      1,677 SF

      5401 Patton Dr Ste, Unit 111

      INDUSTRIAL (GENERAL) • 1,677 SF
      5401 Patton Dr Ste, Lisle, IL 60532-4632
      View Details
    • Value Estimation
      $205,000
      1,651 SF

      5403 Patton Dr Ste, Unit 201

      INDUSTRIAL (GENERAL) • 1,651 SF
      5403 Patton Dr Ste, Lisle, IL 60532-4584
      View Details
    • Value Estimation
      $245,000
      1,668 SF

      5403 Patton Dr Ste, Unit 203

      INDUSTRIAL (GENERAL) • 1,668 SF
      5403 Patton Dr Ste, Lisle, IL 60532-4586
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      15,620 SF

      Lisle Retail Space: Prime Location

      Ogden Ave. restaurant/retail space available.
      2801 Ogden Ave, Lisle, IL 60532
      View Details
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    1961 University Ln, Unit 3
    Lisle, IL 60532-2151
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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