Property profile

7100 Janes Ave Woodridge, IL 60517

FOR SALE
Commercial land
Property ID
US28-5507487
1.05 ac lot
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.07-acre commercial land parcel presents a remarkable development opportunity in the heart of Woodridge, Illinois. Located at the southeast corner of 71st Street and Janes Avenue, this B-1 zoned property enjoys a highly visible position just north of 75th Street and directly west of I-355, ensuring high traffic counts. The site is strategically situated within the Town Centre, surrounded by key municipal buildings including the Police Department, Public Works, Post Office, Public Library, and the Village of Woodridge Government building. Its proximity to Thomas Jefferson Jr. High School, the DuPage campus of Westwood College, and two neighborhood parks further enhances its appeal. The property's zoning (B-1) permits a variety of uses, including retail, office, medical, and mixed-use developments, catering to diverse investment strategies. Adjacent to existing offices and residential areas, this site offers seamless integration into the established community. The asking price is $185,000, and the seller is motivated to consider all reasonable offers. This presents a unique chance to acquire a highly desirable commercial property in a thriving location with significant development potential. The property's address is 7100 Janes Ave, Woodridge, IL 60517, within DuPage/Will County.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.05 ac (45,738 SF)
Zoning code C
APN 08-24-426-001
UPID US28-5507487

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7100 Janes Ave Woodridge, IL 60517
Woodridge metro Census 846307 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2008
4 recorded transactions
2008
$310,000
2008
$100,000
2006
$200,000
2004
$160,000

Zoning & alternative use

C · Woodridge, IL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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