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Property profile & analytics
OFF-MARKET Estimated value $3,025,000
Industrial properties

4th 84th Ct Carol Stream, IL 60116-0001

14,680 SF 1.54 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US28-1119678
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,680 SF
Lot 1.54 ac (67,082 SF)
Zoning code I
APN 02-20-301-010
UPID US28-1119678
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.83M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$3.03M
Owner & transaction history
Melgad Properties INC · 6 yrs held
Melgad Properties INC
since 2020
Last sale
$2.1M
3 recorded transactions
2020
Price N/A
2020
$2.1M
1969
Price N/A
Zoning & alternative use
I · Carol Stream, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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) Zoning District Map. The districts and their boundaries are as shown upon a zoning district map entitled "Village of Carol Stream Official…

Zone name Industrial District
General category INDUSTRIAL
Zone area 1,602.43 ac
Top alternative use upside
Medical building $3.3M +78.9%
Retail stores $3.2M +71.2%
Commercial (general) $3.0M +62.5%
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