Property profile

501 Algonquin Rd Mount Prospect, IL 60056

OFF-MARKET
Industrial properties
Property ID
US28-5760009
62,275 SF 2.83 ac lot Built 1976
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1976
Total area 62,275 SF
Lot 2.83 ac (123,275 SF)
APN 08-23-401-030
UPID US28-5760009

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
  • Warehouse & Storage
  • Industrial Manufacturer Factory
  • Industrial Manufacturer Production Facility
  • Department Store
  • Industrial Manufacturer Production Facility

Location

501 Algonquin Rd Mount Prospect, IL 60056-5788
Mount Prospect metro Census 805111 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
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$750k

Owner & transaction history

since 2017
7 recorded transactions
2017
$3.8M
2016
$3.4M
2006
$2.1M
1998
$2.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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