New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Industrial properties
1365 Louis Ave, Elk Grove Village, IL 60007-2309
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5742610
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Lot
0.31 ac (13,649 SF)
APN
08-27-400-040
UPID
US28-5742610
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
-
Ranieri's Landscaping Services Inc Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
In The Barn LLC · 1 yrs held
In The Barn LLC
since 2025
Last sale
$1.0M
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
$14,150
Tax year 2022
Assessed value
$57,913
Assessed 2022
Previous assessed
$75,000
-22.8% YoY
Effective rate
24.43%
On assessed value
Assessed land
$46,065
Assessed improvement
$11,848
Land market value
$184,260
Improvement market value
$47,392
Total market value
$231,652
Applied tax rate
16,136.0000
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
1968
Heating
NONE
Lot
0.31 ac (13,649 SF)
APN
08-27-400-040
UPID
US28-5742610
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
1968
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
In The Barn LLC
Entity
Mailing address
1022 10TH LN, ELK GROVE VLG, IL 60007-2952
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
$1,000,000
In The Barn LLC
Jack J Ranieri
Special Warranty Deed
$750,000 · Community Bank Of Elmhurst
Jun 30, 2016
—
1365 & 1363 Louis Living Trust
Ranieri Jack J Trust
Quit Claim Deed
related
—
Oct 7, 2005
—
Ranieri Jack J Trust
—
Trustees Deed
related
$100,000 · Harris NA
Apr 20, 2004
$350,000
Ranieri,tr
Lasalle Bank NA Trustee
Grant Deed
—
—
—
Ranieri,jack J Trust
—
Deed Of Trust
related
$221,250 · Bmo Harris Bk NA
—
—
Lasalle National Trust NA Ttee
—
Deed Of Trust
related
$74,430 · Plainsbank Of Illinois NA
—
—
Lasalle Bank NA Trustee
—
Deed Of Trust
related
$105,000 · Harris Bank Elk Grove NA
—
—
Ranieri,tr
—
Deed Of Trust
related
$250,000 · Harris Bank Elk Grove NA
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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