Technical
Financial
Distress signals
Property profile

600 Villa Ave Villa Park, IL 60181

OFF-MARKET
Warehouses
Property ID
US28-0441929
36,132 SF 4.6 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Total area 36,132 SF
Lot 4.6 ac (200,376 SF)
Zoning code C
APN 06-03-107-017
UPID US28-0441929

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
  • Car Dealership
  • Trucking Company
  • Industrial Manufacturer Production Facility
  • Limousine Service
  • Construction Company

Location

600 Villa Ave Villa Park, IL 60181-1734
Villa Park metro Census 843100 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.44M
CAP Approach CAP
$2.91M
Comparable Approach Comparable
$3.90M
Blend (final) Blend
$3.57M

Owner & transaction history

since 2022
Last sale
$3.7M
5 recorded transactions
2022
$3.7M
2012
Price N/A
2004
Price N/A
2002
$1.6M
1998
Price N/A

Zoning & alternative use

C · Villa Park, IL
Top alternative use upside
Office building $5.9M +55.8%

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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