Property profile

949 Larch Ave 53 Elmhurst, IL 60126

OFF-MARKET
Industrial properties
Property ID
US28-5495677
86,592 SF 4.17 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 86,592 SF
Lot 4.17 ac (181,645 SF)
Zoning code I
APN 03-26-207-034
UPID US28-5495677

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Auto Parts Store

Location

949 Larch Ave, Unit 53 Elmhurst, IL 60126-1128
Elmhurst metro Census 840705 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.86M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.69M
Blend (final) Blend
$12.01M

Owner & transaction history

since 2021
Last sale
$10.4M
3 recorded transactions
2021
$10.4M
2017
$5.5M
2008
$5.7M

Zoning & alternative use

I · Elmhurst, IL
Top alternative use upside
Office building $15.5M +56.5%

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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