Property summary
This exceptional 10,783 square foot industrial property, located at 229 N. Central Ave., Wood Dale, IL 60191, presents a compelling owner-user opportunity. The single-story, 1976-built building (renovated in 1990) sits on a 0.53-acre lot and is zoned C-2A. Boasting a 12'-17' ceiling height, the property features four dock-high doors and one loading dock, ideal for distribution, flex, or manufacturing uses. The building includes approximately 1,000 square feet of office space, a kitchen/lounge area, and two bathrooms. A mezzanine adds approximately 1,800 square feet of additional space. The property offers ample parking with approximately 14 spaces. Its prime location in DuPage County provides easy access to major highways, O'Hare Airport, and public transportation. The asking price is $990,900, translating to $91.89 per square foot. Currently 100% occupied, this property offers immediate return on investment and significant long-term potential. The concrete perimeter foundation and membrane roof ensure durability and longevity. This is a free-standing building, providing excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I · Wood Dale, ILZoning
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Zoning designation
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The district profile from the municipal source: what is on file for I in Wood Dale, IL.
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