Property profile

450 CENTRAL AVE A University Park, IL 60484

OFF-MARKET
Industrial (General)
Property ID
US28-2632365
497,420 SF 35 ac lot Built 2004
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Property summary

AI-generated overview

The property is a 16,800-square-foot facility configured for refrigerated food-processing operations. It includes 8,670 square feet of refrigerated production space with sealed concrete floors and floor drains, along with 3,105 square feet of freezer space. The layout further provides 3,025 square feet of ambient shipping area and approximately 2,000 square feet of office and employee welfare space. Refrigeration is supported by Freon-based equipment, and the facility has 3,600 amps of electrical service.

Property profile

Verified
Property type Industrial (General)
Year built 2004
Total area 497,420 SF
Lot 35 ac (1,524,600 SF)
APN 21-14-08-200-005
UPID US28-2632365

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
  • Distribution Center Logistics Company
  • Storage Facility Warehouse & Storage
  • Big Box & Wholesale Store Distribution Center
  • Storage Facility Warehouse & Storage

Location

450 CENTRAL AVE, Unit A University Park, IL 60484
University Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2019
Last sale
$23.5M
2 recorded transactions
2019
Price N/A
2017
Price N/A
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