Property profile

255 Commonwealth Dr 57 Carol Stream, IL 60188

OFF-MARKET
Industrial properties
Property ID
US28-1769474
15,048 SF 1.4 ac lot Built 1993
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,048 SF
Lot 1.4 ac (60,984 SF)
Zoning code I
APN 05-04-104-035
UPID US28-1769474

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
  • Party Supply Store Rental Equipment Company

Location

255 Commonwealth Dr, Unit 57 Carol Stream, IL 60188-2450
Carol Stream metro Census 841704 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.05M
Blend (final) Blend
$1.83M

Owner & transaction history

since 2022
Last sale
$1.8M
7 recorded transactions
2022
$1.8M
2022
Price N/A
2020
Price N/A
2011
$915,000
1999
$1.1M
1999
Price N/A
1969
Price N/A

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
Top alternative use upside
Office building $2.7M +44.7%

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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