Property profile

287 Commonwealth Dr Carol Stream, IL 60188

OFF-MARKET
Warehouses
Property ID
US28-5718044
6,427 SF 2.63 ac lot Built 1988
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 6,427 SF
Lot 2.63 ac (114,563 SF)
Zoning code I
APN 05-04-106-007
UPID US28-5718044

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
  • (Bike/Boat/Book/etc) Store Printing Service

Location

287 Commonwealth Dr 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
$320k
CAP Approach CAP
$515k
Comparable Approach Comparable
$367k
Blend (final) Blend
$320k

Owner & transaction history

since 2014
5 recorded transactions
2014
Price N/A
2010
$465,000
2010
Price N/A
2005
$575,000
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
Industrial (general) $795,000 +18.9%

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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