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Property profile & analytics
OFF-MARKET Estimated value $2,375,000
Industrial properties

675 Phelps Ave Romeoville, IL 60446-1369

1.73 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US28-2324002
Property summary
AI-generated overview

This exceptional industrial property in Romeoville, Illinois, presents a unique investment opportunity. The property encompasses two buildings totaling 8,500 square feet on a 1.73-acre lot. The main building, a 6,000 square foot truck maintenance shop, features three drive-in doors (two 14' x 16' and one 12' x 16'), a triple catch basin, and high-power capabilities. Currently used as a truck body shop, it also includes four offices ideal for administration, dispatch, and a mechanics' lounge. A second 2,500 square foot building provides ample storage for parts and maintenance equipment. Both buildings are situated on a fully fenced and gated lot, offering secure parking for over 20 trailers. Built in 1988 and renovated in 2022, the property boasts an 18-foot ceiling height. Its prime location within Romeoville's industrial district offers easy access to I-55 (less than 3 miles away), making it an ideal location for trucking businesses, investors, or owner-users. The property's features, including the ample parking and secure lot, make it a highly desirable asset. The Will County location and convenient highway access further enhance its appeal. This property is ready for immediate occupancy.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.73 ac (75,359 SF)
APN 12-02-34-110-014
UPID US28-2324002
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
  • Accurate Logistics Inc Trucking Company
  • Used Parts Network LLC Auto Parts Store Waste Management Facility
  • Hermiz Garage Door Repair CO Corporate Office
  • Cheap Car Insurance Romeoville Financial Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.38M
Owner & transaction history
Ldm Illinois LLC Series 4 · 1 yrs held
Ldm Illinois LLC Series 4
since 2025
Last sale
$2.5M
6 recorded transactions
2025
$2.5M
2022
$2.1M
2018
Price N/A
2017
Price N/A
2016
$490,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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