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Property profile & analytics
OFF-MARKET
Estimated value
$6,810,000
Industrial properties
1150 Ridgeview Dr, Mchenry, IL 60050-7045
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-1026514
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
139,080 SF
Lot
13.39 ac (583,268 SF)
APN
14-10-126-001
UPID
US28-1026514
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.95M
CAP Approach
CAP
$9.21M
Comparable Approach
Comparable
$8.82M
Blend (final)
Blend
$6.81M
Owner & transaction history
Superior Felt & Filtration LLC · 4 yrs held
Superior Felt & Filtration LLC
since 2022
Last sale
$6.5M
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 Mchenry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mchenry 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
$7,285,000
ML approach
$6,950,000
CAP Approach
CAP Return
Estimation
6%
$9,980,000
6.5%
$9,210,000
7%
$8,555,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,860,000
Current use
Blend value · Realmo final
$6.81M
Range $6.13M – $7.49M · ±10% · vs last sale $6.50M (Feb 4 2022)
Last sale anchor
$6.50M
Feb 4 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
$49 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$194,079
Tax year 2022
Assessed value
$1,928,173
Assessed 2022
Previous assessed
$1,928,173
+0.0% YoY
Effective rate
10.07%
On assessed value
Assessed land
$307,879
Assessed improvement
$1,620,294
Land market value
$923,637
Improvement market value
$4,860,882
Total market value
$5,784,519
Applied tax rate
14,013.0000
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
1998
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
139,080 SF
Lot
13.39 ac (583,268 SF)
APN
14-10-126-001
UPID
US28-1026514
Jurisdiction
MCHENRY
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.9M
INDUSTRIAL (GENERAL) Current
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
1998
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
13.39 ac
Current owner
From public records · entity-resolved
Superior Felt & Filtration LLC
Entity
Mailing address
1150 RIDGEVIEW DR, MCHENRY, IL 60050-7045
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2024
—
Superior Felt & Filtration LLC
—
Deed
related
$23,000,000 · Academy Bank NA
Feb 4, 2022
$6,500,000
Superior Felt & Filtration LLC
Ridgeview Property LLC
Special Warranty Deed
$33,000,000 · Cibc Bank USA
May 20, 2021
—
Ridgeview Property LLC
—
Deed
related
$5,440,000 · First American Bank
Jul 23, 2015
—
Ridgeview Property LLC
—
Trustees Deed
related
$2,658,200 · First American Bk
Jun 28, 2013
$2,500,000
Ridgeview Property LLC
910 Tower Building Ptshp
Grant Deed
$2,250,000 · First American Bank
—
—
910 Tower Building Ptshp
—
Deed Of Trust
related
$2,555,000 · Rockford Bank & Trust Co
—
—
910 Tower Building Partnership
—
Deed Of Trust
related
$3,315,377 · Weiler/910 Tower LLC
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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