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Financial
Distress signals
Property profile

294 Commonwealth Dr Carol Stream, IL 60188

FOR LEASE
Industrial properties
Property ID
US28-1251207
10,176 SF 0.8 ac lot Built 1991
Last sale May 2024 · $1,225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
294 Commonwealth Dr, Carol Stream, IL 60188 For Lease
$1,225,000 10,880 SF available
294 Commonwealth Dr, Carol Stream, IL 60188
View Listing

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$273k
Assessed land$64k
Assessed improvement$209k
Effective rate7.26%

Value estimate

· Oct 2026
$1.23M
$1.10M – $1.35M
AI approach$1.23M
Submarket $/SF estimate$1.39M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$90 – $155
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
This district is established to provide for industrial and manufacturing uses which may be intensive in nature and is intended to accommo...
General categoryINDUSTRIAL
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.8
Law Firm14.6
Clothing Store12.0

Location

294 Commonwealth Dr Carol Stream, IL 60188
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
295 Carlton, Carol Stream, IL 60188-2405 $1,395,000 Jul 2025 10,800 SF
144 Easy, Carol Stream, IL 60188-2314 $1,300,000 Jul 2025 10,275 SF
297 Commonwealth, Carol Stream, IL 60188-2450 $1,300,000 Oct 2024 9,903 SF
301 Saint Charles, Carol Stream, IL 60188-2166 $1,260,500 Apr 2024 8,604 SF
775 Kimberly, Carol Stream, IL 60188-9407 $1,832,000 Oct 2023 13,348 SF
765 Kimberly, Carol Stream, IL 60188-9407 $1,645,000 Sep 2023 10,763 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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