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Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Industrial properties
1222 Hamilton Pkwy, Itasca, IL 60143-1160
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-3835632
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,372 SF
Lot
3.32 ac (144,619 SF)
APN
02-01-200-037
UPID
US28-3835632
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
-
Robertshaw Business Service Center Corporate Office
-
Laurus Technologies (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.60M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.74M
Owner & transaction history
Illinois Dept Of Transportatio · 7 yrs held
Illinois Dept Of Transportatio
since 2018
6 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 Itasca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Itasca 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,900,000
6.5%
$3,600,000
7%
$3,345,000
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±10%
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
$50 / 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
$76,934
Tax year 2023
Assessed value
$1,087,440
Assessed 2023
Previous assessed
$1,441,460
-24.6% YoY
Effective rate
7.07%
On assessed value
Assessed land
$349,500
Assessed improvement
$737,940
Land market value
$1,048,500
Improvement market value
$2,213,820
Total market value
$3,262,320
Applied tax rate
2,054.0000
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
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
54,372 SF
Lot
3.32 ac (144,619 SF)
APN
02-01-200-037
UPID
US28-3835632
Jurisdiction
DU PAGE
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
3.32 ac
Current owner
From public records · entity-resolved
Illinois Dept Of Transportatio
Entity
Mailing address
300 PARK BLVD STE #201, ITASCA, IL 60143-3106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Feb 2, 2024
—
Hamilton Lakes Commerce Center
—
Deed
related
$3,500,000 · Schaumburg Bank & Trust Co NA
Dec 28, 2018
—
Illinois Dept Of Transportatio
Illinois St. Toll Highway Autho
Quit Claim Deed
related
—
Apr 18, 2017
—
Hamilton Lakes Commerce Center
—
Deed
related
$4,851,176 · Inland Bk&tr
—
—
Hamilton Lakes Commerce Center
—
Deed Of Trust
related
$5,271,377 · Inland Bk&tr
—
—
Hamilton Lakes Commerce Center
—
Loan Modification
related
$2,777,695 · Miscellaneous Ins Co
—
—
Hamilton Lakes Commerce Center
—
Loan Modification
related
$4,851,176 · Inland Bk&tr
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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