Property profile

385 Wegner Dr West Chicago, IL 60185

OFF-MARKET
Warehouses
Property ID
US28-0448820
24,528 SF 1.41 ac lot Built 1998
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction CONCRETE
Total area 24,528 SF
Lot 1.41 ac (61,420 SF)
Zoning code I
APN 04-08-203-011
UPID US28-0448820

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 Factory
  • Industrial Manufacturer

Location

385 Wegner Dr West Chicago, IL 60185-2673
West Chicago metro Census 841501 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
$1.97M
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$675k

Owner & transaction history

since 2017
7 recorded transactions
2017
$1.4M
2003
Price N/A
2002
$1.3M
2001
$1.2M
1998
Price N/A
1998
$138,500
1969
Price N/A

Zoning & alternative use

I · West Chicago, 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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