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    1444 Illinois St Des Moines, IA 50314-3510
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    Property profile & analytics

    1444 Illinois St, Des Moines, IA 50314-3510

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    • Industrial properties
    • 10,800 SF
    • 0.63 lot acres
    Off-Market
    Last Sale Jul 25, 2022
    $1,088,000
    Property ID
    US25-2513096
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,045,000
    Show details
    Cap Rate Potential
    4.5%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Roadtex LTL / Warehouse & Storage
    • MPS Engineers PC / Engineer / Construction Company

    Property Details for 1444 Illinois St

    Year built
    1977
    Construction
    STEEL FRAME
    Lot size
    0.63 lot acres
    Zone code
    M-1
    Property type
    Industrial properties
    APN
    080/00893-004-000
    APU
    8000893004000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 25, 2022 $1,088,000 1444 Illinois LLC Chbt Property Holding LLC Warranty Deed $870k · Lincoln Savings Bank
    Dec 3, 2021 — Chbt Property Holding LLC — Deed · related $700k · West Bank
    Sep 2, 2016 — Chbt Property Holding LLC — Deed · related $2.5M · Bankers Tr
    May 18, 2016 — Chbt Property Holding LLC — Deed · related $1M · Bankers Tr
    Dec 22, 2010 $290,000 Chbt Property Holding LLC Place Central LLC Warranty Deed —
    Feb 11, 2010 $531,000 Place Central LLC Pinnacle Bk Warranty Deed $334k · Pinnacle Bank
    Jan 11, 2010 — Pinnacle Bk Triad 1441 LLC Deed In Lieu Of Foreclosure · related —
    Apr 7, 2008 $515,000 Triad 1441 LLC Roemer David J Trust Warranty Deed $528k · Pinnacle Bank
    — — Chbt Property Holding LLC — Loan Modification · related $2.5M · Bankers Tr
    — — Chbt Property Holding LLC — Deed Of Trust · related $1M · Bankers Tr
    — — Chbt Property Holding LLC — Loan Modification · related $368k · Regions Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $985,000
      ML approach
      $1,020,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $740,000
      6.5%
      $680,000
      7%
      $635,000
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $785,000
      Current use
      RESTAURANT
      $1,665,000
      Change: +113% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,590,000
      Change: +103% Conversion: Difficult
      RETAIL STORES
      $1,255,000
      Change: +60% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,110,000
      Change: +41% Conversion: Difficult
      WAREHOUSE, STORAGE
      $995,000
      Change: +27% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6164
    Latitude
    41.6052
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,086
    $43,500
    $476,500
    $520,000
    -
    $43,500
    $476,500
    $520,000
    More about this property
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