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    Property profile

    400 Frontage Rd Shorewood, IL 60404

    OFF-MARKET
    Commercial real estate
    Property ID
    US28-3449384
    5,460 SF 0.64 ac lot Built 1980
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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    Property summary

    AI-generated overview

    This exceptional outdoor secured storage facility, located at 400 NE Frontage Rd in Shorewood, IL 60404, offers a variety of spaces to suit your needs. The property encompasses a total of 2,000 square feet, divided into 20 individual units. Units range in size from a minimum of 200 square feet, providing flexibility for various storage requirements. The facility is ideally suited for businesses needing secure storage for vehicles, equipment, or materials. Its convenient location right off I-55 ensures easy access and transportation. The property is monitored for enhanced security, providing peace of mind for your valuable assets. This is a perfect solution for contractors, landscapers, utility service businesses, or anyone requiring safe and reliable outdoor storage. Currently, one space is immediately available. The property is classified as Industrial, Land, and Special Purpose, with a multi-tenant occupancy. Contact us today to learn more about available units and lease terms.

    Property profile

    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1980
    Construction FRAME
    Total area 5,460 SF
    Lot 0.64 ac (27,878 SF)
    APN 05-06-10-402-115
    UPID US28-3449384

    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
    • Storage Facility
    • Auto Repair Shop
    2 occupants on record

    Location

    400 Frontage Rd Shorewood, IL 60404-3566
    Shorewood metro Census 883210 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $1.11M
    CAP Approach CAP
    $1.01M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.06M

    Owner & transaction history

    since 2022
    Last sale
    $1.1M
    2 recorded transactions
    2022
    $1.1M
    2008
    $703,000

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $325,000
      3,216 SF
      724 Cottage St
      COMMERCIAL (GENERAL)
      724 Cottage St, Shorewood, IL 60404-9367
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    • Value Estimation
      $410,000
      3,436 SF
      716 Cottage St, Unit B
      COMMERCIAL (GENERAL)
      716 Cottage St, Shorewood, IL 60404-8852
      View Details
    • Value Estimation
      $645,000
      7,670 SF
      714 Cottage St
      COMMERCIAL (GENERAL)
      714 Cottage St, Shorewood, IL 60404-9023
      View Details
    • Value Estimation
      $715,000
      6,100 SF
      1001 Geneva St
      COMMERCIAL (GENERAL)
      1001 Geneva St, Shorewood, IL 60404-9409
      View Details
    • Value Estimation
      $1,665,000
      13,355 SF
      1155 Jefferson St
      COMMERCIAL (GENERAL)
      1155 Jefferson St, Shorewood, IL 60404-0701
      View Details
    • Value Estimation
      $1,125,000
      4,921 SF
      4303 Jefferson St
      COMMERCIAL (GENERAL)
      4303 Jefferson St, Shorewood, IL 60404-6723
      View Details

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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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