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Property profile & analytics
OFF-MARKET Estimated value $5,650,000
Industrial properties

642 Forestwood Dr Romeoville, IL 60446-1354

4.18 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US28-2339875
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 4.18 ac (182,081 SF)
APN 12-02-34-201-010
UPID US28-2339875
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Everest Snow Management Landscaping General Contractor
  • American Stair Corporation General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.65M
Owner & transaction history
Al Furqaan Foundation · 1 yrs held
Al Furqaan Foundation
since 2024
Last sale
$5.7M
7 recorded transactions
2024
$5.7M
2020
Price N/A
2020
Price N/A
2019
Price N/A
2019
$2.3M
2018
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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