Property profile

316 Meyer Rd Bensenville, IL 60106

OFF-MARKET
Industrial properties
Property ID
US28-5756937
11,426 SF 0.53 ac lot Built 1963
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,426 SF
Lot 0.53 ac (23,087 SF)
Zoning code I
APN 03-11-403-015
UPID US28-5756937

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
  • General Contractor Renovation Specialist

Location

316 Meyer Rd Bensenville, IL 60106-1615
Bensenville metro Census 840000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
$755k
Comparable Approach Comparable
$941k
Blend (final) Blend
$1.01M

Owner & transaction history

since 2023
Last sale
$1.1M
5 recorded transactions
2023
$1.1M
2023
Price N/A
2018
Price N/A
2005
Price N/A
2005
$505,000

Zoning & alternative use

I · Bensenville, IL
Top alternative use upside
Warehouse, storage $1.2M +6.9%

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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