New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Industrial properties
1201 Adams Dr, Mchenry, IL 60051-4562
Entity Owned
~
Est. High Equity
Property ID
US28-1425662
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2003
Total area
26,196 SF
Lot
0.35 ac (15,206 SF)
APN
09-25-377-003
UPID
US28-1425662
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
$1.70M
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$1.74M
Owner & transaction history
Pierce Building Group LLC
Pierce Building Group LLC
since 2026
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+19.7%
Warehouse, storage
$2.2M
+6.6%
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 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
$1,890,000
ML approach
$1,695,000
CAP Approach
CAP Return
Estimation
6%
$1,880,000
6.5%
$1,735,000
7%
$1,610,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,070,000
Current use
COMMERCIAL (GENERAL)
$2,475,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,205,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10% · vs last sale $1.56M (Feb 2 2021)
Last sale anchor
$1.56M
Feb 2 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
$66 / 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
$52,163
Tax year 2022
Assessed value
$523,868
Assessed 2022
Previous assessed
$523,868
+0.0% YoY
Effective rate
9.96%
On assessed value
Assessed land
$123,065
Assessed improvement
$400,803
Land market value
$369,195
Improvement market value
$1,202,409
Total market value
$1,571,604
Applied tax rate
9,002.0000
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
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
26,196 SF
Lot
0.35 ac (15,206 SF)
APN
09-25-377-003
UPID
US28-1425662
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
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Pierce Building Group LLC
Entity
Mailing address
1050 WALNUT RDG DR, HARTLAND, WI 53029-8303
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
$1,625,500
Pierce Building Group LLC
Mct Real Estate LLC
Special Warranty Deed
—
Feb 2, 2021
$1,560,000
Mct Real Estate LLC
Grif Land Management T Ltd
Warranty Deed
—
Jan 4, 2013
—
Grif Land Management Ltd
—
Deed Of Trust
related
$3,221,915 · Privatebank & Trust
Nov 15, 2002
—
Grif Land Management Ltd
—
Trustees Deed
related
$1,100,000 · Harris Bank Glencoe Northbrook
Sep 10, 2002
—
Grifland Management Ltd
Martin,dan M & Michelle L
Grant Deed
related
—
—
—
Dan Martin
—
Deed Of Trust
related
$191,000 · Harris Bank Glencoe Northbrook
—
—
Grif Land Management Ltd
—
Deed Of Trust
related
$265,000 · Us Bank NA
—
—
Grif Land Management Ltd
—
Deed Of Trust
related
$2,695,915 · Privatebank & Trust
—
—
Grif Land Management Ltd
—
Deed Of Trust
related
$1,550,000 · Bank Of America
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?”
You own 1201 Adams Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
