Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7100 Janes Ave Woodridge, IL 60517
    Back to Search
    Property profile & analytics

    7100 Janes Ave Woodridge, IL 60517

    View on Map
    • Commercial land
    • 1.05 lot acres
    For Sale
    $185,000
    View Listing →
    Prime Land in Woodridge, IL For Sale
    $185,000

    Prime Land in Woodridge, IL

    Land for sale near government buildings and residential areas.

    7100 Janes Ave, Woodridge, IL 60517
    View Listing
    Property ID
    US28-5507487
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 7100 Janes Ave

    Lot size
    1.05 lot acres
    Zone code
    C
    Property type
    Commercial land
    APN
    08-24-426-001
    APU
    824426001

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woodridge
    County
    Dupage
    State
    Illinois
    Longitude
    -88.0401
    Latitude
    41.758
    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
    $6,588
    $76,760
    $0.00
    $76,760
    -
    $230,280
    $0.00
    $230,280

    Comparable in this City

    • Value Estimation by Request
      1.85 Acres

      2301 63rd St

      VACANT COMMERCIAL LAND • 1.85 Acres
      2301 63rd St, Downers Grove, IL 60517-1300
      View Details
    • Value Estimation by Request
      2.99 Acres

      71st St

      VACANT COMMERCIAL LAND • 2.99 Acres
      71st St, Woodridge, IL 60517
      View Details
    • Value Estimation by Request
      0.33 Acres

      Woodridge, IL 60517

      VACANT COMMERCIAL LAND • 0.33 Acres
      Woodridge, IL 60517
      View Details
    • Value Estimation by Request
      2.33 Acres

      Woodridge, IL 60517

      VACANT COMMERCIAL LAND • 2.33 Acres
      Woodridge, IL 60517
      View Details
    • Value Estimation by Request
      2.31 Acres

      Woodridge, IL 60517

      VACANT COMMERCIAL LAND • 2.31 Acres
      Woodridge, IL 60517
      View Details
    • Value Estimation by Request
      2.53 Acres

      Woodridge, IL 60517

      VACANT COMMERCIAL LAND • 2.53 Acres
      Woodridge, IL 60517
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34 SF

      Infill Site on 75th Street

      21.86 acres B-2 and 12.24 acres R-3 zoning.
      1535 W 75Th St, Woodridge, IL 60517
      View Details
    • $185,000

      Woodridge Development Opportunity

      1.07 acre site in Woodridge Town Centre.
      7100 Janes Ave, Woodridge, IL 60517
      View Details
    • Contact for pricing

      Prime Land in Woodridge, IL

      23,205 SF parcel at 83rd St. & Janes Ave.
      8290 Janes Ave, Woodridge, IL 60517
      View Details
    • Contact for pricing

      Woodridge Land Parcel Near I-355

      Zoned for office, research, and light industrial uses.
      Woodward Ave, Woodridge, IL 60517
      View Details
    • $185,000

      Prime Land in Woodridge, IL

      Land for sale near government buildings and residential areas.
      7100 Janes Ave, Woodridge, IL 60517
      View Details
    • Contact for pricing

      Land For Sale

      5 acres of land available for sale.
      Weber Rd & High Pt Rd, Romeoville, IL 60517
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Woodridge Land Ready for Cannabis

      Improved land in DuPage County, cannabis use welcomed.
      8635 Woodward Ave, Woodridge, IL 60517
      View Details
    • Contact for pricing

      Woodridge Industrial Space Available

      Industrial space available in Woodridge, Illinois.
      2401 Internationale Pkwy, Woodridge, IL 60517
      View Details
    • Contact for pricing

      Woodridge Commercial Property for Lease

      Commercial property in Woodridge, IL, with active BNSF Rail.
      2400 Internationale Pkwy, Woodridge, IL 60517
      View Details
    • Contact for pricing
      112,385 SF

      Woodridge Office Space For Rent

      1,095 SF office space suitable for medical or professional use.
      1999 75Th St, Woodridge, IL 60517
      View Details
    • Contact for pricing

      Woodridge Restaurant Building For Lease

      9,950± sf restaurant building in Woodridge, Illinois available for lease.
      6310 Il-53, Woodridge, IL 60517
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Woodridge Center

      Retail space available in Woodridge near Naperville and Bolingbrook.
      3010-3050 Hobson Rd, Woodridge, IL 60517
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7100 Janes Ave
    Woodridge, IL 60517
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7100 Janes Ave, Woodridge, IL, 60517
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!