Technical
Financial
Distress signals
Property profile

2640 Corporate Pkwy Algonquin, IL 60102

OFF-MARKET
Industrial properties
Property ID
US28-2877222
40,360 SF Built 2006
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2006
Total area 40,360 SF
APN 03-06-254-002
UPID US28-2877222

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2640 Corporate Pkwy Algonquin, IL 60102-2560
Algonquin metro Census 850105 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.22M
CAP Approach CAP
$2.68M
Comparable Approach Comparable
$3.33M
Blend (final) Blend
$4.33M

Owner & transaction history

since 2022
Last sale
$4.3M
3 recorded transactions
2022
$4.3M
2021
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $5.7M +71.3%
Commercial (general) $4.7M +40.5%

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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