Property profile

250 S Gary Ave Carol Stream, IL 60188

FOR LEASE
Other warehouses
Property ID
US28-2249720
439,421 SF 24.54 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a large industrial building totaling 439,421 square feet, including approximately 18,270 square feet of office space plus an additional 948 square feet of warehouse office space. The warehouse is designed with a 30-foot clear height, 62 dock doors, and 2 drive-in doors, and is equipped with ESFR sprinkler protection and LED motion-sensing lighting. Parking facilities include approximately 203 auto spaces and 67 trailer spaces. The typical structural column spacing is 26 feet 6 inches by 40 feet 6 inches. The building is located near I-355 via North Avenue with access to O’Hare International Airport. The property is institutionally owned and managed and is subject to DuPage County tax conditions.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 439,421 SF
Lot 24.54 ac (1,068,962 SF)
Zoning code I
APN 05-05-104-001
UPID US28-2249720

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
  • Social Service Agency Community Center
  • Social Service Agency Charitable Organization
  • Church
  • Food Bank Charitable Organization
  • Logistics Company Freight Service

Location

250 S Gary Ave Carol Stream, IL 60188
Carol Stream metro Census 841704 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.17M

Owner & transaction history

since 2026
3 recorded transactions
2026
$38.0M
2005
$20.1M
2000
$7.9M

Zoning & alternative use

I · Carol Stream, IL
Zoning description

(2) I Industrial District (D) Overlay Districts (1) GAC Gary Avenue Corridor (2) NAC North Avenue Corridor (Ord. 2021-05-15, passed 5-3-2021) Share Download Bookmark Print § 16-3-2 ZONING DISTRICT MAP AND BOUNDARIES. (A)…

General category INDUSTRIAL

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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