Property profile

280 Army Trl Rd Glendale Heights, IL 60139

OFF-MARKET
Commercial real estate
Property ID
US28-2411007
3,029 SF 0.64 ac lot Built 1982
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,029 SF
Lot 0.64 ac (27,878 SF)
Zoning code C
APN 02-22-413-021
UPID US28-2411007

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
  • Restaurant

Location

280 Army Trl Rd Glendale Heights, IL 60139-1756
Glendale Heights metro Census 841109 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
$785k
Comparable Approach Comparable
$658k
Blend (final) Blend
$450k

Owner & transaction history

since 2015
5 recorded transactions
2017
Price N/A
2016
Price N/A
2015
$760,000
2013
Price N/A
1969
Price N/A

Zoning & alternative use

C · Glendale Heights, IL
Top alternative use upside
Medical building $680,000 +35.7%
Retail stores $655,000 +29.8%
Office building $550,000 +9.1%

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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