Property profile

291 Commonwealth Dr Carol Stream, IL 60188

OFF-MARKET
Warehouses
Property ID
US28-0174486
6,292 SF 2.63 ac lot Built 1988
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 6,292 SF
Lot 2.63 ac (114,563 SF)
Zoning code I
APN 05-04-106-008
UPID US28-0174486

Cap rate & NOI

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

Location

291 Commonwealth Dr Carol Stream, IL 60188-2450
Carol Stream metro Census 841704 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
$505k
Comparable Approach Comparable
$360k
Blend (final) Blend
$505k

Owner & transaction history

since 2023
Last sale
$570,000
2 recorded transactions
2023
$570,000
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) $780,000 +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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