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Property profile & analytics
OFF-MARKET
Estimated value
$11,215,000
Industrial properties
10 Mitchell Ct Addison, IL 60101-1407
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5716373
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
258,333 SF
Lot
14.3 ac (622,908 SF)
Zoning code
I
APN
02-25-201-045
UPID
US28-5716373
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
-
Prologis Storage Facility
-
Amcor rigid plastics Distribution Center Logistics Company
-
Millennium Electrical Handyman Hardware & Home Improvement General Contractor
-
Amcor Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.95M
Blend (final)
Blend
$11.22M
Owner & transaction history
Dct Mitchell Court LLC · 19 yrs held
Dct Mitchell Court LLC
since 2007
4 recorded transactions
Zoning & alternative use
I · Addison, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.22M
Range $10.09M – $12.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$43 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$425,404
Tax year 2023
Assessed value
$4,299,570
Assessed 2023
Previous assessed
$3,605,570
+19.2% YoY
Effective rate
9.89%
On assessed value
Assessed land
$1,126,020
Assessed improvement
$3,173,550
Land market value
$3,378,060
Improvement market value
$9,520,650
Total market value
$12,898,710
Applied tax rate
2,056.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
258,333 SF
Lot
14.3 ac (622,908 SF)
Zoning code
I
APN
02-25-201-045
UPID
US28-5716373
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Addison, IL
Zoning I · permitted uses
I · Addison, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
14.3 ac
Current owner
From public records · entity-resolved
Dct Mitchell Court LLC
Entity
Mailing address
1800 WAZEE ST, DENVER, CO 80202-1577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2007
$11,200,000
Dct Mitchell Court LLC
Knickerbocker Props INC Xv
Grant Deed
—
Jan 15, 1998
$8,617,500
Knickerbocker Properties INC
Bridgestone/firestone INC
Grant Deed
—
—
—
Dct Mitchell Court LLC
—
Deed Of Trust
related
$40,500,000 · New York Life Insurance
—
—
Dct Mitchell Court LLC
—
Deed Of Trust
related
$2,800,000 · Nationwide Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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