Property profile

3101 Soffel Ave Melrose Park, IL 60160

OFF-MARKET
Industrial properties
Property ID
US28-1236217
1.16 ac lot Built 1964
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1964
Lot 1.16 ac (50,530 SF)
APN 15-04-203-030
UPID US28-1236217

Cap rate & NOI

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

Location

3101 Soffel Ave Melrose Park, IL 60160
Melrose Park metro Census 816500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.86M

Owner & transaction history

since 2023
Last sale
$3.0M
7 recorded transactions
2023
$3.0M
2023
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2011
Price N/A
2011
$800,000

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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