Property profile

351 Airport Dr Joliet, IL 60431

OFF-MARKET
Industrial properties
Property ID
US28-3772503
3,528 SF 1.91 ac lot
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)
Total area 3,528 SF
Lot 1.91 ac (83,396 SF)
APN 05-06-15-204-027-1003
UPID US28-3772503

Cap rate & NOI

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

Location

351 Airport Dr Joliet, IL 60431-4894
Joliet metro Census 883211 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$560k
Comparable Approach Comparable
$362k
Blend (final) Blend
$630k

Owner & transaction history

since 2023
Last sale
$545,000
7 recorded transactions
2023
Price N/A
2020
$545,000
2019
Price N/A
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $475,000 +33.8%

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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