Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    405 Golf Rd Schaumburg, IL 60195-3501

    • Auto shops
    • 0.60 lot acres
    OFF-MARKET
    Last Sale
    Jun 21, 2022
    $3,800,000
    Value Estimations
    $3,185,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-1877136
    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.

    Current Use by Public Records

    • Physicians Immediate Care / Urgent Care Center / Doctor

    Property Details for 405 Golf Rd

    Year built
    1966
    Lot size
    0.60 lot acres
    Property type
    Auto shops
    APN
    07-16-200-019
    APU
    716200019

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,185,000
      ML approach
      $3,250,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0899
    Latitude
    42.0485
    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
    2022
    $30,895
    $74,750
    $38,983
    $113,733
    -
    $299,000
    $155,932
    $454,932

    Comparable in this City

    • Value Estimation
      $325,000
      0.47 Acres

      423 Golf Rd

      AUTO REPAIR, GARAGE • 0.47 Acres
      423 Golf Rd, Schaumburg, IL 60195-3501
      View Details
    • Value Estimation
      $320,000
      0.38 Acres

      811 Higgins Rd

      AUTO REPAIR, GARAGE • 0.38 Acres
      811 Higgins Rd, Schaumburg, IL 60195-3200
      View Details
    • Value Estimation
      $315,000
      0.36 Acres

      506 Golf Rd

      AUTO REPAIR, GARAGE • 0.36 Acres
      506 Golf Rd, Schaumburg, IL 60195-3503
      View Details
    • Value Estimation
      $305,000
      0.23 Acres

      809 Higgins Rd

      AUTO REPAIR, GARAGE • 0.23 Acres
      809 Higgins Rd, Schaumburg, IL 60195-3201
      View Details
    • Value Estimation
      $415,000
      0.36 Acres

      850 Higgins Rd

      GAS STATION • 0.36 Acres
      850 Higgins Rd, Hoffman Estates, IL 60195
      View Details
    • Value Estimation
      $350,000
      0.30 Acres

      2135 Frost Rd

      RESIDENTIAL PARKING GARAGE • 0.30 Acres
      2135 Frost Rd, Schaumburg, IL 60195-1921
      View Details

    Similar Nearby for Sale

    • $2,600,000
      57,501 SF

      Schaumburg Office Building For Sale

      Class B Office, 57,501 SF, Excellent Location
      105-195 Central Rd, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      1 SF

      Hoffman Estates Land For Sale

      One acre of land available in Hoffman Estates, Illinois.
      Barrington Rd, Hoffman Estates, IL 60195
      View Details
    • $172,000

      Third Floor Condo with Balcony

      One-bedroom condo with balcony overlooking pool and volleyball court.
      75 Kristin Cir, Schaumburg, IL 60195
      View Details
    • $2,600,000
      57,501 SF

      Schaumburg Office Building For Sale

      Office property in close proximity to I-90 and Roselle Rd.
      105-195 W Central Rd, Schaumburg, IL 60195
      View Details
    • Contact for pricing

      Luxury Schaumburg Apartments

      357 Units, Fully Renovated, Prime Location
      21 Kristin Dr, Schaumburg, IL 60195
      View Details
    • $750,000

      Commercial Land Near Woodfield Center

      Commercial land near I-90 interchange with high traffic counts.
      4 Hillcrest Blvd, Schaumburg, IL 60195
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      85,770 SF

      Golf Rd Retail Space Available

      Schaumburg retail space, multiple units, high traffic.
      301-373 Golf Rd, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      4,475 SF

      Schaumburg Retail and Office Space

      Retail and office spaces for lease in Schaumburg, Illinois.
      1230 N Roselle Rd, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      13,268 SF

      Daycare Facility in Schaumburg, IL

      Daycare facility with existing infrastructure and playground.
      24 Kristin Dr, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      17,859 SF

      Prime Hoffman Estates Land Parcel

      0.41-Acre Commercial Land Opportunity
      120 West Higgins Road Hoffman Estates, IL 60195, Hoffman Estates, IL 60195
      View Details
    • Contact for pricing
      13,126 SF

      Schaumburg Office Suite For Rent

      13,126 SF office suite with high-end appointments available for rent.
      100 W Hillcrest Blvd, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      17,859 SF

      Prime Hoffman Estates Land Parcel

      0.41-acre commercial land, high visibility.
      120 West Higgins Road Hoffman Estates, IL 60195, Hoffman Estates, IL 60195
      View Details
    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.
    405 Golf Rd
    Schaumburg, IL 60195-3501
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.