Property profile

376 Gundersen Dr Carol Stream, IL 60188

OFF-MARKET
Other warehouses
Property ID
US28-0463553
10,000 SF 0.95 ac lot Built 1964
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is located in the Carol Point Business Center and consists of flexible industrial units totaling 10,000 square feet. The units provide both dock and drive-in door access and are configured to support truck loading and maneuvering, with ample on-site parking available. The property is zoned for light industrial, showroom, and commercial uses. It is positioned with convenient access to North Avenue (Route 64), I-355, and I-290.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1964
Total area 10,000 SF
Lot 0.95 ac (41,382 SF)
Zoning code I
APN 05-04-302-023
UPID US28-0463553

Cap rate & NOI

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

Location

376 Gundersen Dr Carol Stream, IL 60188-2422
Carol Stream metro Census 841704 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
$805k
Comparable Approach Comparable
$443k
Blend (final) Blend
$740k

Owner & transaction history

since 2021
Last sale
$625,000
6 recorded transactions
2021
$625,000
2015
$550,000
2014
Price N/A
2012
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

I · Carol Stream, IL
Zoning description

(2) I Industrial District (D) Overlay Districts (1) GAC Gary Avenue Corridor (2) NAC North Avenue Corridor (Ord. 2021-05-15, passed 5-3-2021) Share Download Bookmark Print § 16-3-2 ZONING DISTRICT MAP AND BOUNDARIES. (A)…

General category INDUSTRIAL

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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