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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Industrial properties
100 High Grv Blvd, Glendale Heights, IL 60139-2276
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5720149
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Construction
TILT-UP CONCRETE
Total area
42,040 SF
Lot
4.47 ac (194,713 SF)
Zoning code
I
APN
02-23-302-029
UPID
US28-5720149
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
-
Soundwave Hearing, LLC Hearing Aid Store Manufacturer
-
Crescend Technologies, LLC Industrial Manufacturer Production Facility
-
Sound Enhancement, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.22M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.81M
Owner & transaction history
140 East State Parkway LLC · 5 yrs held
140 East State Parkway LLC
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
I · Glendale Heights, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.4M
+7.0%
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 Glendale Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale Heights 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
$3,190,000
ML approach
$3,220,000
CAP Approach
CAP Return
Estimation
6%
$3,015,000
6.5%
$2,785,000
7%
$2,585,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,090,000
Current use
WAREHOUSE, STORAGE
$4,380,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±10% · vs last sale $2.75M (Mar 12 2021)
Last sale anchor
$2.75M
Mar 12 2021
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
$67 / 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
$115,871
Tax year 2023
Assessed value
$1,197,320
Assessed 2023
Previous assessed
$1,145,640
+4.5% YoY
Effective rate
9.68%
On assessed value
Assessed land
$338,970
Assessed improvement
$858,350
Land market value
$1,016,910
Improvement market value
$2,575,050
Total market value
$3,591,960
Applied tax rate
2,210.0000
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
42,040 SF
Lot
4.47 ac (194,713 SF)
Zoning code
I
APN
02-23-302-029
UPID
US28-5720149
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Glendale Heights, IL
Zoning I · permitted uses
I · Glendale Heights, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
4.47 ac
Current owner
From public records · entity-resolved
140 East State Parkway LLC
Entity
Free & Clear · 5 yrs held
Mailing address
140 E STATE PKWY, SCHAUMBURG, IL 60173-5335
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2026
—
140 East State Parkway LLC
—
Deed
related
$2,500,000 · Crystal Lake Bank & Trust Company NA
May 30, 2024
—
140 East State Parkway LLC
—
Deed
related
$1,864,000 · Somercor 504 LLC
Oct 3, 2023
—
140 East State Parkway LLC
—
Deed
related
$9,080,000 · Crystal Lake Bank & Trust Company NA
Apr 1, 2022
—
140 East State Parkway LLC
—
Deed
related
$3,922,000 · Crystal Lake Bank & Trust Company NA
Mar 12, 2021
$2,750,000
140 East State Parkway LLC
M Wave Realty Holdings LLC
Special Warranty Deed
—
Sep 4, 2013
$2,300,000
M Wave Realty Holdings LLC
Mitsui Plastic INC
Special Warranty Deed
$2,000,000 · Firstmerit Bank NA
Sep 22, 2004
$3,100,000
Mitsui Plastics INC
Mitsui Machine Technology INC
Grant Deed
related
—
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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