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Property profile & analytics
OFF-MARKET
Estimated value
$5,000,000
Retail space
120 Higgins Rd, Elk Grove Village, IL 60007-1434
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-2728877
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Lot
1.83 ac (79,715 SF)
APN
08-21-401-038
UPID
US28-2728877
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
-
Karina Kinlen Physician
-
Hasham Alvi, MD Physician
-
Keith Schroeder, MD Physician
-
Gina Cahill, MD Physician
-
David L. Tashima, MD Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Kagr Elk Grove LLC · 4 yrs held
Kagr Elk Grove LLC
since 2021
Last sale
$5.0M
5 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 Elk Grove Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove Village 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
$4,975,000
ML approach
$4,865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.00M
Range $4.50M – $5.50M · ±10% · vs last sale $5.01M (Jul 13 2021)
Last sale anchor
$5.01M
Jul 13 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
—
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
$132,583
Tax year 2022
Assessed value
$542,630
Assessed 2022
Previous assessed
$433,999
+25.0% YoY
Effective rate
24.43%
On assessed value
Assessed land
$268,491
Assessed improvement
$274,139
Land market value
$1,073,964
Improvement market value
$1,096,556
Total market value
$2,170,520
Applied tax rate
16,158.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Lot
1.83 ac (79,715 SF)
APN
08-21-401-038
UPID
US28-2728877
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
1978
Heating
NONE
Stories
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Kagr Elk Grove LLC
Entity
Mailing address
929 W HIGGINS RD, SCHAUMBURG, IL 60195-3203
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2021
$5,012,000
Kagr Elk Grove LLC
Elk Grove Medical Properties LLC
Special Warranty Deed
$512,200,000 · Capital One Bank NA
May 24, 2018
$4,500,000
Elk Grove Medical Prop LLC
Chicagoland Medical Portfolio
Trustees Deed
$23,365,000 · Lake Forest Bk&tr
Jun 10, 2014
$3,772,000
Chicagoland Medical Portfolio
100 East Higgins LLC
Grant Deed
$15,900,000 · Wells Fargo Bk
Jun 29, 2011
—
100 East Higgins LLC
—
Trustees Deed
related
$1,870,000 · Bank Of America
Jun 23, 2011
$715,000
100 East Higgins LLC
Jpmorgan Chase Bank NA
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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