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Property profile

409 Interstate Rd 3 Addison, IL 60101

OFF-MARKET
Industrial properties
Property ID
US28-1362302
41,584 SF 1.4 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 41,584 SF
Lot 1.4 ac (60,984 SF)
Zoning code I
APN 03-32-208-012
UPID US28-1362302

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.07M
CAP Approach CAP
$2.76M
Comparable Approach Comparable
$3.19M
Blend (final) Blend
$2.03M

Owner & transaction history

since 2025
Last sale
$2.7M
7 recorded transactions
2025
$2.7M
2022
$2.0M
2022
Price N/A
2014
$1.1M
2013
$825,000
2008
$1.1M
2006
Price N/A

Zoning & alternative use

I · Addison, 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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