For Lease
Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(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)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I · Carol Stream, IL(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)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
(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)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Carol Stream, IL.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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