Property profile

291 Schmale Rd Carol Stream, IL 60188

OFF-MARKET
Turn key restaurants
Property ID
US28-3770977
5,459 SF 1.46 ac lot Built 1973
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction FRAME
Total area 5,459 SF
Lot 1.46 ac (63,598 SF)
APN 05-04-203-020
UPID US28-3770977

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

291 Schmale Rd Carol Stream, IL 60188-2104
Carol Stream metro Census 841708 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.94M

Owner & transaction history

since 2022
Last sale
$2.0M
7 recorded transactions
2022
Price N/A
2022
Price N/A
2022
$2.0M
2013
Price N/A
2013
$4,500
2008
$65,000
2005
$555,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.9M +13.8%

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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