Property profile

2 Pierce Pl Itasca, IL 60143

FOR LEASE
Other commercial real estate
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Property ID
US28-2360698
487,027 SF 8.36 ac Built 1991
Last sale Feb 2022·$16,000,000
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Two Pierce Place is an office property providing approximately 4,552 square feet of office unit space, with on-site amenities intended for occupant use. The property includes food and service options such as a deli and a 24-hour Grab-n-Go, as well as an ATM and a designated mail room. Parking is available via covered parking, and the building has on-site property management. Building amenities include an updated fitness center, lounge and game room spaces, and an outdoor patio area with grills…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$535k
Tax billed · 2023
Assessed value$7.01M
Assessed land$2.71M
Assessed improvement$4.30M
Effective rate7.63%

Value estimate

· Nov 2026
$17.50M
$15.75M – $19.25M
AI approach$10.58M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$165/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$84 – $271
Qualifying comparables14

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?
C
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.1
Auto Repair Shop19.2
Law Firm18.8

Location

2 Pierce Pl Itasca, IL 60143
County assessor Recorded deeds · 3 transfers 14 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1250 Arlington Hts, Itasca, IL 60143-1286 $13,234,500 Nov 2023 133,000 SF
1200 Arlington Hts, Itasca, IL 60143-1284 $14,266,000 Nov 2023 100,480 SF
225 Windsor, Itasca, IL 60143-1200 $3,250,000 Jun 2023 105,132 SF
400 Park, Itasca, IL 60143-1212 $30,000,000 Sep 2022 288,000 SF
1150 Arlington Hts, Itasca, IL 60143-3104 $7,375,000 Jul 2022 80,206 SF
860 Irving Park, Itasca, IL 60143 $7,500,000 Apr 2020 105,784 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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