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    220 Westgate Dr Carol Stream, IL 60188-2243
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    Property profile & analytics

    220 Westgate Dr Carol Stream, IL 60188-2243


    • Industrial properties
    • 18,206 SF
    • 1.72 lot acres
    Off-Market
    Last Sale May 12, 2022
    $2,150,000
    Property ID
    US28-1367058
    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.

    Value Estimations
    $2,210,000
    Show details
    Cap Rate Potential
    3.6%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 220 Westgate Dr

    Year built
    1989
    Lot size
    1.72 lot acres
    Property size
    18,206 SF
    Zone code
    I
    Property type
    Industrial properties
    APN
    05-05-106-047
    APU
    505106047

    Description

    This exceptional 18,800-square-foot office and industrial property, located at 220 Westgate Drive in Carol Stream, Illinois, presents a unique leasing opportunity. The building, situated on a spacious 1.68 to 1.72-acre lot in DuPage County, features a single-tenant occupancy layout, perfect for a business seeking ample space and privacy. The two-story structure boasts impressive 18-foot ceilings, providing a sense of openness and versatility. The property includes convenient features such as 23 auto parking stalls, two drive-in bays, and one dock-high door, ensuring efficient loading and unloading. The building's robust electrical system offers 800 amps of power. The zoning is designated "I" (industrial), allowing for a wide range of potential uses. The entire 18,800 square feet is currently vacant, offering immediate occupancy for a new tenant. This property is ideal for a company requiring a substantial amount of space, excellent accessibility, and a strategic location in the thriving Carol Stream business community. The zip code is 60188. This is a rare opportunity to secure a significant and well-equipped property in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,180,000
      ML approach
      $2,255,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,318,000
      Market price range: $1.65M - $2.82M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,255,000
      Current use
      OFFICE BUILDING
      $3,265,000
      Change: +45% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,895,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Carol Stream
    County
    Dupage
    State
    Illinois
    Longitude
    -88.1289
    Latitude
    41.8996
    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
    $33,017
    $135,900
    $318,760
    $454,660
    -
    $407,700
    $956,280
    $1,363,980
    More about this property
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