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    Property profile & analytics

    281 Lies Rd, Unit 83 Carol Stream, IL 60188-9421

    • Industrial properties
    • 37,787 SF
    • 1.95 lot acres
    OFF-MARKET
    Value Estimation
    $5,740,000
    Last Sale
    Aug 31, 2021
    $5,100,000
    Location Intelligence
    Property ID
    US28-2972414
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • When / Manufacturer / Service Establishment

    Property Details for 281 Lies Rd

    Year built
    1997
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.95 lot acres
    Property size
    37,787 SF
    Zone code
    I
    Property type
    Industrial properties
    APN
    02-20-405-025
    APU
    220405025

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,995,000
      6.5%
      $4,535,000
      7%
      $4,610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,750,000
      Geo Method
      $4,985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,955,000
      Retail
      $4,895,000
      Mixed-Use
      $5,540,000
      Hospitality
      $5,120,000
      Educational
      $5,210,000
      Residential Income
      $5,795,000
      Energy
      $5,505,000
      Income-Based Land
      $5,355,000
      Food Service
      $5,895,000

    Location Insight

    • Map
    • Local Demand
    City
    Carol Stream
    County
    Dupage
    State
    Illinois
    Longitude
    -88.1141
    Latitude
    41.9319
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $95,005
    $204,830
    $858,460
    $1,063,290
    -
    $614,490
    $2,575,380
    $3,189,870

    Comparable in this City

    • Value Estimation by Request
      50,050 SF

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    • Value Estimation by Request
      4.78 Acres

      333 Kehoe Blvd

      INDUSTRIAL (GENERAL) • 4.78 Acres
      333 Kehoe Blvd, Carol Stream, IL 60188-1817
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      171,090 SF

      121 En Ave

      INDUSTRIAL (GENERAL) • 171,090 SF
      121 En Ave, Carol Stream, IL 60188-1400
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      157,912 SF

      112 Alexandra Way, Unit 24

      INDUSTRIAL (GENERAL) • 157,912 SF
      112 Alexandra Way, Carol Stream, IL 60188-2068
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    • Value Estimation by Request
      360,676 SF

      720 Ctr Ave

      INDUSTRIAL (GENERAL) • 360,676 SF
      720 Ctr Ave, Carol Stream, IL 60188-9412
      View Details
    • Value Estimation by Request
      527,079 SF

      343 Lies Rd

      INDUSTRIAL (GENERAL) • 527,079 SF
      343 Lies Rd, Carol Stream, IL 60188-9421
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33,190 SF

      Industrial Property Near I-355

      Industrial property with development potential, close to I-355.
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      64,285 SF

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      14,452 SF flex space with retail exposure available for lease.
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    • $1,100,000
      4.47 Acres

      Commercial Land in Carol Stream

      4.47 acre commercial lot ideal for warehouse or office development.
      27w130 Saint Charles Rd, Carol Stream, IL 60188
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    • $1,750,000
      4 SF

      4.20 Acre Development Opportunity

      Development opportunity with B-3 zoning in Carol Stream's Business Park.
      Nec Gary Ave And Lies Rd, Carol Stream, IL 60188
      View Details
    • $1,750,000
      4.20 Acres

      Prime Carol Stream Commercial Land

      4.2 Acres, B-3 Zoning, $1.75M
      0 Nec Gary Ave & Lies Rd, Carol Stream, IL 60188
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    • $2,026,400
      2,980 SF

      Medical Clinic in Carol Stream

      Healthcare property with long-term tenant in high-income, dense area.
      865 E Geneva Rd, Carol Stream, IL 60188
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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

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      20,000 square foot industrial space available for lease.
      300 Westgate Dr, Carol Stream, IL 60188
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      110,009 SF

      Industrial Property with Gary Avenue Frontage

      Industrial property for rent with frontage on Gary Avenue.
      127 East Elk Trl, Carol Stream, IL 60188
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    • $9 SF/Yr
      7,000 SF

      High-Quality Flex Space Available

      Well-maintained flex property with upgraded features for lease.
      250-270 Tubeway Dr, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      299,080 SF

      Food Grade Warehouse Space

      299,080 SF food grade warehouse with rail access.
      284 E Lies Rd, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      171,500 SF

      Industrial Space with Racked Storage

      Available industrial space with flexible terms and racked storage.
      121 E North Ave, Carol Stream, IL 60188
      View Details
    • Contact for pricing
      88,150 SF

      Carol Stream Industrial Space Available

      Industrial space for lease with office, docks, and drive-ins.
      238-248 Tubeway Dr, Carol Stream, IL 60188
      View Details
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    281 Lies Rd, Unit 83
    Carol Stream, IL 60188-9421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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