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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Industrial properties
1281 Jarvis Ave, Elk Grove Village, IL 60007-2301
Entity Owned
~
Est. High Equity
Property ID
US28-0110359
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1975
Lot
0.35 ac (15,400 SF)
APN
08-27-400-071
UPID
US28-0110359
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
-
Luxahaus LLC - European and American Windows and Doors Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Core Exteriors Real Estate LLC
Core Exteriors Real Estate LLC
since 2025
Last sale
$1.5M
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 Elk Grove Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove Village 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
$9,571
Tax year 2022
Assessed value
$39,173
Assessed 2022
Previous assessed
$35,000
+11.9% YoY
Effective rate
24.43%
On assessed value
Assessed land
$20,790
Assessed improvement
$18,383
Land market value
$83,160
Improvement market value
$73,532
Total market value
$156,692
Applied tax rate
16,035.0000
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
1975
Heating
NONE
Lot
0.35 ac (15,400 SF)
APN
08-27-400-071
UPID
US28-0110359
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
1975
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Core Exteriors Real Estate LLC
Entity
Mailing address
1281 JARVIS AVE, ELK GROVE VLG, IL 60007-2301
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$1,500,000
Core Exteriors Real Estate LLC
1281 Jarvis LLC
Warranty Deed
$1,125,000 · Midland States Bank
Jun 12, 2024
—
1295 Jarvis LLC
—
Deed
related
$750,000 · Itasca Bank & Trust Co
Mar 22, 2024
—
1281 Jarvis LLC
—
Deed
related
$963,750 · Itasca Bank & Trust Co
May 15, 2019
—
1281 Jarvis LLC
—
Deed
related
$280,000 · Us Bank NA
Dec 19, 2018
$350,000
1281 Jarvis LLC
Lunt Scott L Living Trust
Grant Deed
—
Aug 15, 2007
—
Lunt L Scott Living Trust
Lunt,scott L
Quit Claim Deed
related
—
Jan 16, 2004
$440,000
Scott L Lunt
Lasalle Bank NA Trustee
Grant Deed
$337,500 · Harris Bank Arlington Meadows
Feb 15, 2000
$327,000
Lasalle Bank NA Trustee
Cole Taylor Bank Trustee
Grant Deed
related
$166,625 · Lasalle National Bank
—
—
1281 Jarvis LLC
—
Deed Of Trust
related
$280,000 · Us Bk
—
—
Lasalle Bank NA Trustee
—
Deed Of Trust
related
$123,000 · Somercor 504 INC
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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