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1271 Humbracht Cir, Bartlett, IL 60103
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Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Total area
21,858 SF
Lot
1.64 ac (71,438 SF)
Zoning code
I
APN
01-04-307-029
UPID
US28-1231397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
-
Big Box & Wholesale Store
-
Home Appliance Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.22M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.18M
Owner & transaction history
since 2021
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
I · Bartlett, IL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.18M
Value range
$1.96M – $2.39M
±10% around blend
Estimated value / SF
$100 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
Income certainty
100
$1.96M
blend $2.18M
$2.39M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
21,858 SF
Lot area
1.64 ac
Year built
2004
APN
01-04-307-029
Zoning
I
Assessed value
$575,590
Annual tax
$47,437
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.45M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.57M
@ 6.5% CAP return
$1.45M
@ 7% CAP return
$1.35M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$47,437
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.76M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.0 mi away · 19,837 SF
9.1 mi away · 21,808 SF
9.2 mi away · 27,420 SF
9.4 mi away · 16,560 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.18M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 17 sales
$111
-11%
Submarket 39 sales
$113
-12%
County 744 sales
$116
-15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $100/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.30%
Selected cap rate for this industrial properties
Derived from the Bartlett market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.30%
9.0%
NOI (est.)
$45k *
Last sale · Nov 2021
$1.87M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.04M
Move the market yield to see immediate price impact.
Value / SF
$48
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.80%4.30%4.80%
$40k
$1.06M
$935k
$837k
$45k
$1.18M
$1.04M
$930k
$49k
$1.29M
$1.14M
$1.02M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.90M
5.2 mi · Dec 2025 · $86/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$47,437
Tax year 2023
Assessed value
$575,590
Assessed 2023
Previous assessed
$585,450
-1.7% YoY
Effective rate
8.24%
On assessed value
Assessed land
$110,560
Assessed improvement
$465,030
Land market value
$331,680
Improvement market value
$1,395,090
Total market value
$1,726,770
Applied tax rate
1,036.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2004
Heating
NONE
Total area
21,858 SF
Lot
1.64 ac (71,438 SF)
Zoning code
I
APN
01-04-307-029
UPID
US28-1231397
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Bartlett, ILZoning I · permitted uses
I · Bartlett, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
1.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
Bartlett, IL
Recorded code
I
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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