Property profile

268 Ml Ave Hampshire, IL 60140

OFF-MARKET
Other commercial real estate
Property ID
US28-1920829
3,493 SF 0.79 ac lot Built 1960
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This multi-tenant building contains office and contractor trailer spaces, including an office suite of 680 square feet within a 3,178 square foot structure. The office suite is configured with open workspace, ample natural light, and a private entrance, and includes one ADA-compliant bathroom. Shared amenities are available to tenants, including a second-floor conference room, a main-floor kitchenette, and additional bathrooms. The contractor trailer provides 1,380 square feet of heated interior space, including a 19-foot by 23-foot office, a 29-foot by 23-foot open storage area, and two smaller office/storage rooms; it has a raised 8-foot by 8-foot overhead door, and does not include bathroom or water facilities. The property also includes yard space suitable for tenant use, as well as access to shared common areas and facilities, with both spaces designed for commercial operations requiring flexible office and storage layouts.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 3,493 SF
Lot 0.79 ac (34,412 SF)
APN 01-21-401-020
UPID US28-1920829

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
  • Trucking Company
  • Plumbing Service General Contractor

Location

268 Ml Ave Hampshire, IL 60140-9469
Hampshire metro Census 850705 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2021
Last sale
$345,000
7 recorded transactions
2021
$345,000
2020
Price N/A
2016
Price N/A
2009
Price N/A
2007
Price N/A
2004
$172,000
1969
Price N/A

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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