Property profile

540 Lk St Addison, IL 60101

OFF-MARKET
Commercial real estate
Property ID
US28-0055678
5,144 SF 0.26 ac lot Built 1981
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,144 SF
Lot 0.26 ac (11,326 SF)
Zoning code C
APN 03-20-414-033
UPID US28-0055678

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
  • Loan Service Bank
  • Bank Loan Service
  • Atm
  • Loan Service Bank

Location

540 Lk St Addison, IL 60101-2307
Addison metro Census 840104 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
$748k
Blend (final) Blend
$705k

Owner & transaction history

since 2013
3 recorded transactions
2013
$400,000
2005
$620,500
1969
Price N/A

Zoning & alternative use

C · Addison, IL
Top alternative use upside
Medical building $1.2M +4.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 540 Lk St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message