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Property profile & analytics
OFF-MARKET
Estimated value
$4,165,000
Commercial real estate
145 Industry Ave, Frankfort, IL 60423-1639
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-3423075
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1981
Construction
WOOD
Total area
11,844 SF
Lot
0.99 ac (43,124 SF)
APN
19-09-34-103-008
UPID
US28-3423075
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
-
Storage Express Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.17M
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.17M
Owner & transaction history
All Purpose Storage Frankfort LLC · 3 yrs held
All Purpose Storage Frankfort LLC
since 2023
Last sale
$4.9M
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 Frankfort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frankfort 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
Method
Estimation
Statistic approach
$4,035,000
ML approach
$4,170,000
CAP Approach
CAP Return
Estimation
6%
$3,000,000
6.5%
$2,765,000
7%
$2,570,000
Blend value · Realmo final
$4.17M
Range $3.75M – $4.58M · ±10% · vs last sale $4.93M (May 5 2025)
Last sale anchor
$4.93M
May 5 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$352 / SF
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
$11,267
Tax year 2023
Assessed value
$133,329
Assessed 2023
Previous assessed
$133,329
+0.0% YoY
Effective rate
8.45%
On assessed value
Assessed land
$30,497
Assessed improvement
$102,832
Land market value
$91,491
Improvement market value
$308,496
Total market value
$399,987
Applied tax rate
1,906.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Rooms
71
Total area
11,844 SF
Lot
0.99 ac (43,124 SF)
APN
19-09-34-103-008
UPID
US28-3423075
Jurisdiction
WILL
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
1981
Construction
WOOD
Heating
NONE
Stories
1
Rooms
71
Lot
0.99 ac
Current owner
From public records · entity-resolved
All Purpose Storage Frankfort LLC
Entity
Mailing address
4007 DEAN MARTIN DR, LAS VEGAS, NV 89103-4137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jan 12, 2023
$4,200,000
All Purpose Storage Frankfort LLC
Frankfort Storage LLC
Special Warranty Deed
$5,956,000 · Blackhawk Bank & Trust
Dec 30, 2020
$1,750,000
Frankfort Storage LLC
Vis-a-ru Properties LLC
Grant Deed
$1,312,500 · First Secure Bk&tr Co
Mar 27, 2008
$1,200,000
Vis-a-ru Properties LLC
Kirsch Lani
Grant Deed
$1,100,000 · Archer Bank
Apr 5, 1999
—
Lani Kirsch
—
Deed Of Trust
related
$1,125,000 · St Paul Fsb
—
—
Lani Kirsch
—
Deed Of Trust
related
$500,000 · First National Bank Illinois
—
—
Vis-a-ru Properties LLC
—
Loan Modification
related
$661,060 · First Midwest Bk
—
—
Lani Kirsch
—
Deed Of Trust
related
$1,500,000 · Killarney 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.
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