Property profile

501 Mitchell Rd Glendale Heights, IL 60139

OFF-MARKET
Industrial properties
Property ID
US28-1372450
13,500 SF 2.06 ac lot Built 1985
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,500 SF
Lot 2.06 ac (89,734 SF)
Zoning code I
APN 02-26-313-002
UPID US28-1372450

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
  • Telecommunications Service
  • Industrial Manufacturer Production Facility

Location

501 Mitchell Rd Glendale Heights, IL 60139-2582
Glendale Heights metro Census 840904 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
$895k
Comparable Approach Comparable
$968k
Blend (final) Blend
$505k

Owner & transaction history

since 2018
2 recorded transactions
2018
$970,000
2004
Price N/A

Zoning & alternative use

I · Glendale Heights, IL
Zoning description

The I District is intended to provide for low nuisance industrial uses that are environmentally compatible with a primarily residential community and can be located in proximity to residential areas

General category INDUSTRIAL
Top alternative use upside
Warehouse, storage $1.4M +7.0%

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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