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Property profile & analytics
OFF-MARKET
Industrial properties
125 Fairbank St, Addison, IL 60101-3153
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-4711015
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,080 SF
Lot
0.59 ac (25,700 SF)
Zoning code
I
APN
03-29-301-018
UPID
US28-4711015
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
-
Birdhouse Stationery (Bike/Boat/Book/etc) Store
-
Merkle's Commercial Photograph Photography Service (Bike/Boat/Book/etc) Store
-
Emperor Scrap Metal Recycling Center Metal Fabrication Plant Recycling Center
-
Emperor Scrap Metal Recycling Recycling Center Waste Management Facility
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
Af2 Partners LLC · 1 yrs held
Af2 Partners LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
I · Addison, IL
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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,402
Tax year 2023
Assessed value
$249,980
Assessed 2023
Previous assessed
$233,640
+7.0% YoY
Effective rate
7.36%
On assessed value
Assessed land
$111,460
Assessed improvement
$138,520
Land market value
$334,380
Improvement market value
$415,560
Total market value
$749,940
Applied tax rate
3,033.0000
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
10,080 SF
Lot
0.59 ac (25,700 SF)
Zoning code
I
APN
03-29-301-018
UPID
US28-4711015
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Addison, IL
Zoning I · permitted uses
I · Addison, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.59 ac
Current owner
From public records · entity-resolved
Af2 Partners LLC
Entity
Mailing address
533 N LOMBARD AVE, LOMBARD, IL 60148-1715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
$1,110,000
Af2 Partners LLC
125 S Fairbank LLC
Warranty Deed
$3,000,000 · Providence Bank & Trust
Nov 4, 2005
$730,500
125 S Fairbank LLC
Trust 7477
Grant Deed
$740,000 · Village Bank
—
—
125 S Fairbank LLC
—
Deed Of Trust
related
$602,380 · First State Bank Red Bud
—
—
American Nat'l B&t Co Chgo Tte
—
Deed Of Trust
related
$682,500 · Citibank Fsb
—
—
American Nat'l B&t Co Chgo Tte
—
Deed Of Trust
related
$318,750 · Citibank Fsb
—
—
American Natl Bk&tt Chic Ttee
—
Deed Of Trust
related
$916,000 · National Bank Commerce Tr & Sa
—
—
125 S Fairbank LLC
—
Deed Of Trust
related
$75,000 · Village Bank & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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