New search
Property profile & analytics
FOR LEASE
Office buildings
1111 Plaza Dr, Schaumburg, IL 60173
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US28-0232184
For Lease
Contact for pricing
1111 Plaza Dr, Schaumburg, IL 60173
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1974
Lot
5.57 ac (242,629 SF)
APN
07-13-103-001
UPID
US28-0232184
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
-
Sanko USA Inc Industrial Manufacturer Production Facility
-
Robert Arquette at First Centennial Mortgage Loan Service Bank
-
Karth Barr at First Centennial Mortgage Loan Service Bank
-
Pegasus Knowledge Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
LocalMed (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rms Properties Ix LLC · 12 yrs held
Rms Properties Ix LLC
since 2014
7 recorded transactions
Zoning & alternative use
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 Schaumburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schaumburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$511,674
Tax year 2022
Assessed value
$1,883,641
Assessed 2022
Previous assessed
$1,474,948
+27.7% YoY
Effective rate
27.16%
On assessed value
Assessed land
$819,166
Assessed improvement
$1,064,475
Land market value
$3,276,664
Improvement market value
$4,257,900
Total market value
$7,534,564
Applied tax rate
35,011.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1974
Heating
NONE
Lot
5.57 ac (242,629 SF)
APN
07-13-103-001
UPID
US28-0232184
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Lot
5.57 ac
Current owner
From public records · entity-resolved
Rms Properties Ix LLC
Entity
Mailing address
1111 N PLZ DRSTE200, SCHAUMBURG, IL 60173-6021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Dec 16, 2014
—
Rms Properties Ix LLC
—
Loan Modification
related
$20,950,000 · Parkway Bk
Feb 21, 2014
—
Rms Properties Ix LLC
999 Plaza Drive Holdings LLC
Grant Deed
related
—
May 22, 2013
—
999 Plaza Drive Holdings LLC
Sheriff Of Cook County
Trustees Deed
related
—
Jun 15, 2007
—
National Plaza I Property LLC
National Plaza I LLC
Quit Claim Deed
related
$40,050,000 · Greenwich Capital Fin'l INC
—
—
Rms Properties Ix LLC
—
Deed Of Trust
related
$9,700,000 · Parkway Bk
—
—
National Plaza I LLC
—
Deed Of Trust
related
$9,500,000 · Manufacturers Life Insurance
—
—
National Plaza III LLC
—
Deed Of Trust
related
$6,900,000 · First Midwest Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
