Property profile

505 Wegner Dr West Chicago, IL 60185

OFF-MARKET
Industrial properties
Property ID
US28-1838264
19,837 SF 1.92 ac lot Built 1989
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1989
Total area 19,837 SF
Lot 1.92 ac (83,635 SF)
Zoning code I
APN 04-08-404-013
UPID US28-1838264

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
  • Factory Production Facility
  • Industrial Manufacturer
  • Department Store

Location

505 Wegner Dr West Chicago, IL 60185-2626
West Chicago metro Census 841501 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$940k
CAP Approach CAP
$1.32M
Comparable Approach Comparable
$874k
Blend (final) Blend
$850k

Owner & transaction history

since 2025
Last sale
$1.0M
7 recorded transactions
2025
$1.0M
2022
Price N/A
2017
Price N/A
2013
Price N/A
2007
Price N/A
1999
$840,000
1998
$615,000

Zoning & alternative use

I · West Chicago, 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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