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    Property profile & analytics
    OFF-MARKET Estimated value $1,225,000
    Industrial properties

    294 Commonwealth Dr, Carol Stream, IL 60188-2449

    10,176 SF 0.8 ac lot Built 1991
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US28-1251207
    Property summary
    AI-generated overview

    This exceptional 10,880-square-foot commercial property, located at 294 Commonwealth Drive in Carol Stream, Illinois, presents a unique opportunity for a single tenant. Situated on a 0.82-acre lot in DuPage County, this building offers a versatile blend of executive office space and refrigerated/cold storage capabilities. The building features a substantial 10,880 square feet of entirely vacant space, ready for immediate occupancy. High ceilings, measuring 14 feet, provide ample vertical space for various uses. Three convenient drive-in bays ensure efficient loading and unloading. The property boasts robust electrical service, including 480/220 3-phase power at 400 amps, suitable for demanding operations. The property is classified as both Office and Industrial, making it ideal for businesses requiring a combination of office space and specialized storage. Its location in Carol Stream, Illinois, offers easy access to major transportation routes and a thriving business community. This single-tenant occupancy property is ready for immediate lease. The property's zoning and specific permitted uses should be verified independently. Don't miss this chance to secure a highly functional and strategically located commercial space. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1991
    Total area 10,176 SF
    Lot 0.8 ac (34,848 SF)
    Zoning code I
    APN 05-05-204-025
    UPID US28-1251207
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.23M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.39M
    Blend (final) Blend
    $1.23M
    Owner & transaction history
    294 Commonweal Sb LLC · 2 yrs held
    294 Commonweal Sb LLC
    since 2024
    Last sale
    $1.2M
    3 recorded transactions
    2024
    $1.2M
    2018
    2007
    Zoning & alternative use
    I · Carol Stream, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.8M +44.7%
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