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Property profile & analytics
OFF-MARKET
Industrial properties
1229 Algonquin Rd, Arlington Heights, IL 60005-4761
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5808246
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1982
Lot
1.24 ac (54,014 SF)
APN
08-23-102-011-1014
UPID
US28-5808246
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John T Swiderek · 1 yrs held
John T Swiderek
since 2024
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 Arlington Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington Heights 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$8,191
Tax year 2022
Assessed value
$32,741
Assessed 2022
Previous assessed
$28,890
+13.3% YoY
Effective rate
25.02%
On assessed value
Assessed land
$14,948
Assessed improvement
$17,793
Land market value
$59,792
Improvement market value
$71,172
Total market value
$130,964
Applied tax rate
16,160.0000
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
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1982
Heating
NONE
Lot
1.24 ac (54,014 SF)
APN
08-23-102-011-1014
UPID
US28-5808246
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
1982
Heating
NONE
Lot
1.24 ac
Current owner
From public records · entity-resolved
John T Swiderek
Individual
Mailing address
1229 E ALGONQUIN RD, ARLINGTON HEIGHTS, IL 60005-4761
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
—
John T Swiderek
John T Swiderek
Deed
related
—
Nov 3, 2022
—
Sachi Properties LLC
—
Deed
related
$1,500,000 · Republic Bank Of Chicago
Mar 15, 2019
—
John T Swiderek
—
Deed
related
$260,000 · State Bk
Feb 4, 2019
—
Todd Bucholz
—
Deed
related
$305,000 · Huntington Nat'l Bk
Oct 9, 2018
—
Sachi Contractors INC
—
Deed
related
$250,000 · Republic Bk/chicago
Sep 20, 2017
—
Sachi Contractors INC
—
Deed
related
$500,000 · Republic Bk/chicago
Jan 27, 2017
—
Sachi Contractors INC
—
Deed
related
$250,000 · Republic Bk/chicago
Jul 11, 2016
—
Dominic J Rossi
Rossi,dominic J
Quitclaim Deed
related
—
Jul 5, 2012
—
Todd Bucholz
Bucholz,jeanine
Quit Claim Deed
related
—
Jan 3, 2006
—
Pratima Dani
Patel & Associates LLC
Quit Claim Deed
related
$750,000 · National City Mortgage Co
Nov 9, 2005
—
Dipan Trivedi
—
Trustees Deed
related
$816,000 · National City Mortgage Co
Aug 31, 2005
$250,000
Dharmesh M Solanki
Patel & Associates
Warranty Deed
$616,000 · National City Mortgage Co
Jun 22, 2005
$225,000
Wlodzimierz Plachcinski
Patel & Associates LLC
Warranty Deed
$663,000 · National City Mortgage Co
Jul 11, 2001
$100,000
Todd Bucholz
Fang Trust
Grant Deed
—
Apr 20, 1998
—
Fang Trust
Chicago Trust Co Ttee
Quit Claim Deed
related
—
—
—
Todd Bucholz
—
Deed Of Trust
related
$135,000 · Plaza Bank NA
—
—
Todd Bucholz
—
Deed Of Trust
related
$305,000 · Huntington Nat'l Bk
—
—
Todd E Bucholz
—
Deed Of Trust
related
$130,000 · Security Bank Dupage
—
—
Todd Bucholz
—
Deed Of Trust
related
$50,000 · North Cmnty Bk
—
—
Todd Bucholz
—
Deed Of Trust
related
$150,000 · Plaza Bank NA
—
—
Patel & Associates LLC
—
Deed Of Trust
related
$175,178 · National Republic Bank Chicago
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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