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Property profile & analytics
OFF-MARKET
Estimated value
$7,625,000
Industrial properties
1160 Powis Rd, West Chicago, IL 60185-1665
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5716708
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
93,126 SF
Lot
5.52 ac (240,451 SF)
Zoning code
I
APN
01-32-301-013
UPID
US28-5716708
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
-
AGCO Parts Inbound Center (APIC) Warehouse & Storage
-
Thunder Garage Doors Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.57M
CAP Approach
CAP
$6.17M
Comparable Approach
Comparable
$5.97M
Blend (final)
Blend
$7.63M
Owner & transaction history
Coleman Logistics Assets LLC · 4 yrs held
Coleman Logistics Assets LLC
since 2021
Last sale
$7.6M
6 recorded transactions
Zoning & alternative use
I · West Chicago, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$9.7M
+18.5%
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 West Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chicago 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
$8,830,000
ML approach
$9,565,000
CAP Approach
CAP Return
Estimation
6%
$6,680,000
6.5%
$6,165,000
7%
$5,725,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,185,000
Current use
WAREHOUSE, STORAGE
$9,700,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$7.63M
Range $6.86M – $8.39M · ±10% · vs last sale $7.61M (Oct 12 2021)
Last sale anchor
$7.61M
Oct 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
$82 / 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
$95,301
Tax year 2023
Assessed value
$1,177,730
Assessed 2023
Previous assessed
$1,121,640
+5.0% YoY
Effective rate
8.09%
On assessed value
Assessed land
$365,720
Assessed improvement
$812,010
Land market value
$1,097,160
Improvement market value
$2,436,030
Total market value
$3,533,190
Applied tax rate
1,002.0000
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
1989
Heating
NONE
Total area
93,126 SF
Lot
5.52 ac (240,451 SF)
Zoning code
I
APN
01-32-301-013
UPID
US28-5716708
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · West Chicago, IL
Zoning I · permitted uses
I · West Chicago, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chicago. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.2M
WAREHOUSE, STORAGE
Est. value
$9.7M
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
1989
Heating
NONE
Lot
5.52 ac
Current owner
From public records · entity-resolved
Coleman Logistics Assets LLC
Entity
Mailing address
1065 AVE OF THE AMERICAS PARK FL #28, NEW YORK, NY 10018-0664
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
—
Coleman Logistics Assets LLC
—
Deed
related
$422,000,000 · Societe Generale Financial Corp
Oct 12, 2021
$7,607,500
Coleman Logistics Assets LLC
Colfin Cobalt I II Owner LLC
Special Warranty Deed
—
Dec 16, 2019
—
Colfin Cobalt I II Owner LLC
—
Deed
related
$680,000,000 · Citi Real Estate Funding INC
Dec 30, 2014
$5,047,000
Colfin Cobalt I-ii Owner LLC
Cobalt Industrial Reit II
Grant Deed
$1,132,750,000 · General Elec Cap
Feb 20, 2007
$5,400,000
Cobalt Industrial Reit II
Wsi 1160 Powis IV LLC
Grant Deed
—
Feb 23, 2005
$4,800,000
Wsi 1160 Powis IV LLC
Wc West Chicago Assocs
Grant 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.
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