Property profile

3131 Soffel Ave Melrose Park, IL 60160

OFF-MARKET
Industrial properties
Property ID
US28-2720995
3.27 ac lot Built 1957
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1957
Lot 3.27 ac (142,441 SF)
APN 15-04-203-002
UPID US28-2720995

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
  • Industrial Manufacturer
  • Financial Advisor
  • Corporate Office
  • Industrial Manufacturer Production Facility
  • General Contractor

Location

3131 Soffel Ave Melrose Park, IL 60160-1718
Melrose Park metro Census 816500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.93M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.04M

Owner & transaction history

since 2023
Last sale
$6.4M
7 recorded transactions
2023
$6.4M
2023
Price N/A
2023
$235,000
2023
$95,000
2020
Price N/A
2019
Price N/A
2018
Price N/A

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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