Property profile

2351 Powis Rd West Chicago, IL 60185

OFF-MARKET
Commercial land
Property ID
US28-2150055
1.52 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 11,000 square foot executive office building, situated on a 4-acre lot in West Chicago, IL (zip code 60185), presents a unique leasing opportunity. The property, zoned ORI, offers flexible space options ideal for a variety of businesses. Multiple tenancies are available, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 6,000 square feet. Currently, the entire 11,000 square feet is vacant, providing an immediate opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. The building's classification as both Office and Industrial suggests a versatile layout suitable for various business needs. Its location in DuPage County provides easy access to major transportation routes and amenities. This property is perfect for businesses seeking a prominent presence in a thriving area. The address is 2351 Powis Rd, West Chicago, IL. Interested parties should inquire about available suite sizes and lease terms. The property is currently available for lease.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.52 ac (66,211 SF)
APN 01-29-102-007
UPID US28-2150055

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
  • Waste Management Facility Hazardous Waste Disposal
  • Electrical Service General Contractor

Location

2351 Powis Rd West Chicago, IL 60185-1013
West Chicago metro Census 841313 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.29M

Owner & transaction history

since 2023
Last sale
$2.4M
2 recorded transactions
2023
$2.4M
2019
$1.4M

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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