Property profile

561 Mitchell Rd Glendale Heights, IL 60139

OFF-MARKET
Industrial properties
Property ID
US28-2223387
29,950 SF 1.62 ac lot Built 1994
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,950 SF
Lot 1.62 ac (70,567 SF)
Zoning code I
APN 02-26-313-007
UPID US28-2223387

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
  • Chemical Plant Factory
  • Chemical Plant Factory

Location

561 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
$1.81M
CAP Approach CAP
$1.99M
Comparable Approach Comparable
$2.77M
Blend (final) Blend
$1.94M

Owner & transaction history

since 2026
Last sale
$2.2M
7 recorded transactions
2026
Price N/A
2023
$2.2M
2020
Price N/A
2019
Price N/A
2016
Price N/A
2015
Price N/A
2014
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 $3.1M +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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