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    642 Forestwood Dr Romeoville, IL 60446-1354
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    Property profile & analytics

    642 Forestwood Dr Romeoville, IL 60446-1354


    • Industrial properties
    • 4.18 lot acres
    Off-Market
    Last Sale Dec 20, 2024
    $5,650,000
    Property ID
    US28-2339875
    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.

    Value Estimations
    $5,650,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Everest Snow Management / Landscaping / General Contractor
    • American Stair Corporation / General Contractor

    Property Details for 642 Forestwood Dr

    Lot size
    4.18 lot acres
    Property type
    Industrial properties
    APN
    12-02-34-201-010
    APU
    120234201010

    Description

    This exceptional 64,570-square-foot industrial property, located at 642 Forestwood Drive in Romeoville, Illinois (zip code 60446), presents a compelling investment opportunity. Built in 1989 and situated on a 4.18-acre lot, this M-2 zoned facility boasts a 24-foot ceiling height, ideal for various manufacturing and warehousing operations. The property features seven loading docks with the potential to add four more, enhancing operational efficiency. Ample power is provided via a 4,000A, 240V, 3-phase system. The warehouse space is complemented by 11,945 square feet of renovated office space, perfect for administrative functions. Employee amenities include a training room, breakroom, gym, and showers. Further enhancing the property's functionality are a 5-ton overhead crane with a 16-foot underhook, additional overhead crane rails, and a wet sprinkler system. The property also includes a 947-square-foot mezzanine and offers 1.45 parking spaces per 1,000 square feet. LED lighting throughout reduces energy costs. Property taxes are $99,000 annually ($1.57 per square foot). The property is available immediately. The clear span warehouse design maximizes usable space.


    Value Estimations

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    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Romeoville
    County
    Will
    State
    Illinois
    Longitude
    -88.0722
    Latitude
    41.6533
    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
    $99,055
    $269,861
    $803,139
    $1,073,000
    -
    $809,583
    $2,409,417
    $3,219,000
    More about this property
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