Property profile & analytics
600 Villa Ave Villa Park, IL 60181-1734
- Warehouses
- 36,132 SF
- 4.60 lot acres
OFF-MARKET
Last Sale
Nov 04, 2022
Nov 04, 2022
$3,685,000
Value Estimations
$3,595,000
Show details
Cap Rate Potential
5.3%
Warehouses
Location Intelligence
Property ID
US28-0441929
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Great Lakes AutoSports / Car Dealership
- Marcott Enterprises Inc / Trucking Company
- Exotic Coach Custom Limousine / Industrial Manufacturer / Production Facility
- Chicago Wedding Preferred / Limousine Service
- R B Construction / Construction Company
Property Details for 600 Villa Ave
- Year built
- 1978
- Lot size
- 4.60 lot acres
- Property size
- 36,132 SF
- Zone code
- C
- Property type
- Warehouses
- APN
- 06-03-107-017
- APU
- 603107017
Description
This exceptional executive office space, located at 600 N Villa Ave in Villa Park, Illinois, presents a unique leasing opportunity. The property boasts a total building size of 36,000 square feet, with 8,000 square feet currently available for lease. The building is situated on a generous 1.6-acre lot and is zoned for industrial use, offering flexibility for a variety of businesses. The space features impressive 20-foot ceilings, providing ample room and a sense of grandeur. Two convenient drive-in bays ensure easy access for loading and unloading. The property is a single-tenant building, offering privacy and control. The address is 600 N Villa Ave, Villa Park, IL 60181. This prime location in Villa Park offers excellent accessibility and visibility. The property type is classified as both Office and Industrial, making it suitable for a range of businesses requiring both office and warehouse or production space. The building's substantial size and features make it an ideal location for a company seeking to establish a significant presence in the area. The available 8,000 square feet provides ample room for expansion and growth. This is a rare opportunity to secure a high-quality, well-located executive office space in a thriving community. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,565,000
- ML approach
- $3,440,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,150,000
- 6.5%
- $2,905,000
- 7%
- $2,700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,895,000
Market price range: $2.77M - $5.02M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,765,000 Current use
- OFFICE BUILDING
- $5,865,000 Change: +56% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,740,000 Change: -1% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Villa Park
- County
- Dupage
- State
- Illinois
- Longitude
- -87.97
- Latitude
- 41.9009
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$69,504
$374,250
$513,410
$887,660
-
$1,122,750
$1,540,230
$2,662,980
