Property profile

3500 Lacey Rd Downers Grove, IL 60515

OFF-MARKET
Office buildings
Property ID
US28-2196689
534,583 SF 16.04 ac lot Built 1992
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Total area 534,583 SF
Lot 16.04 ac (698,702 SF)
Zoning code C
APN 06-31-300-007
UPID US28-2196689

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
  • Corporate Office Financial Advisor
  • Corporate Office
  • Corporate Office
  • Cafe & Coffee Shop
  • Car Wash

Location

3500 Lacey Rd Downers Grove, IL 60515-5422
Downers Grove metro Census 844401 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$56.64M
Blend (final) Blend
$56.65M

Owner & transaction history

since 2019
2 recorded transactions
2019
$128.5M
2003
Price N/A

Zoning & alternative use

C · Downers Grove, IL

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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