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Property profile & analytics
OFF-MARKET
Estimated value
$4,490,000
Industrial properties
1035 Hilltop Dr, Itasca, IL 60143-1118
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5843270
Property summary
AI-generated overview
This exceptional 38,649-square-foot industrial manufacturing facility is available for lease in Itasca, Illinois. Located at 1035 Hilltop Drive, DuPage County, this multi-tenant property offers ample space for a variety of manufacturing or warehouse/distribution operations. The building boasts a generous 18-foot ceiling height, providing excellent vertical storage capacity. Three loading docks and one drive-in door ensure efficient loading and unloading of goods. The property also includes 23 parking spaces for employees and visitors. The electrical service is robust, featuring 1200 amps at 480 volts, three-phase power, suitable for energy-intensive manufacturing processes. The entire 38,649 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. The property's location in Itasca, Illinois, offers easy access to major transportation routes, making it an ideal location for businesses needing efficient logistics. The zip code is 60143. This property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,649 SF
Lot
2.02 ac (87,991 SF)
Zoning code
I
APN
02-01-203-016
UPID
US28-5843270
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
-
Amled Technologies Industrial Manufacturer Production Facility
-
Liners Direct Business Administration Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$4.49M
Owner & transaction history
Tcd 238 Aim Property LLC · 4 yrs held
Tcd 238 Aim Property LLC
since 2022
Last sale
$4.5M
5 recorded transactions
Zoning & alternative use
I · Itasca, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.9M
+71.7%
Commercial (general)
$6.4M
+58.6%
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 Itasca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Itasca 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
$4,510,000
ML approach
$4,540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,035,000
Current use
OFFICE BUILDING
$6,925,000
Change: +72% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,395,000
Change: +59% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,025,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$4.49M
Range $4.04M – $4.94M · ±10% · vs last sale $4.45M (Jan 31 2022)
Last sale anchor
$4.45M
Jan 31 2022
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
$116 / 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
$52,311
Tax year 2023
Assessed value
$727,660
Assessed 2023
Previous assessed
$606,380
+20.0% YoY
Effective rate
7.19%
On assessed value
Assessed land
$199,020
Assessed improvement
$528,640
Land market value
$597,060
Improvement market value
$1,585,920
Total market value
$2,182,980
Applied tax rate
2,166.0000
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
38,649 SF
Lot
2.02 ac (87,991 SF)
Zoning code
I
APN
02-01-203-016
UPID
US28-5843270
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Itasca, IL
Zoning I · permitted uses
I · Itasca, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Itasca. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
OFFICE BUILDING
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.4M
WAREHOUSE, STORAGE
Est. value
$4.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
2.02 ac
Current owner
From public records · entity-resolved
Tcd 238 Aim Property LLC
Entity
Mailing address
2 INTERNATIONAL PL, BOSTON, MA 02110-4142
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
$4,450,000
Tcd 238 Aim Property LLC
Liberty Property Limited Partnershi
Special Warranty Deed
—
Oct 17, 2013
—
Liberty Property LP
Cabot III-ilw01-w05 LLC
Grant Deed
—
Jun 1, 2009
—
Cabot III 1l1w01-w05 LLC
—
Deed Of Trust
related
$120,000,000 · Pnc Bank
Dec 3, 2008
$14,398,500
Cabot III -il1w01-w05 LLC
Teachers Ins & Annuity Assn Of Am
Warranty Deed
—
Oct 13, 2004
$18,343,500
Teachers Ins & Annuity Assn Of Am
Rreef America Reit Corp Aa
Warranty Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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