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Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Industrial properties
150 Chicago St, Cary, IL 60013-2948
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-0925686
Property summary
AI-generated overview
This exceptional industrial property, located at 150 Chicago St, Cary, IL 60013, offers 50,427 square feet of versatile space ideal for manufacturing, warehousing, or flex operations. The single-story building, constructed in 1979 and extensively renovated in 2019, sits on a 2.13-acre lot and features a generous 19-foot ceiling height. The property is zoned M and offers multiple tenancy options, with a minimum divisible space of 19,293 square feet and a maximum contiguous space of 50,527 square feet. Two existing suites are available. The building boasts convenient features including two loading docks, three drive-in doors, and ample parking with 40 spaces. The property has 800-amp power. Property taxes are $1.09 per square foot. This prime location in Cary, Illinois provides easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, versatile industrial property with significant potential. The property is available for sale or lease.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Total area
50,464 SF
Lot
2.22 ac (96,753 SF)
APN
20-18-330-004
UPID
US28-0925686
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.34M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.74M
Owner & transaction history
Stonebridge Bible Church · 1 yrs held
Stonebridge Bible Church
since 2025
Last sale
$2.8M
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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,620,000
6.5%
$3,340,000
7%
$3,105,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,705,000
Current use
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±10% · vs last sale $2.75M (Mar 6 2025)
Last sale anchor
$2.75M
Mar 6 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
$54 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$60,399
Tax year 2022
Assessed value
$588,895
Assessed 2022
Previous assessed
$588,895
+0.0% YoY
Effective rate
10.26%
On assessed value
Assessed land
$111,282
Assessed improvement
$477,613
Land market value
$333,846
Improvement market value
$1,432,839
Total market value
$1,766,685
Applied tax rate
20,007.0000
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
1979
Heating
NONE
Stories
1
Total area
50,464 SF
Lot
2.22 ac (96,753 SF)
APN
20-18-330-004
UPID
US28-0925686
Jurisdiction
MCHENRY
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Lot
2.22 ac
Current owner
From public records · entity-resolved
Stonebridge Bible Church
Entity
Mailing address
114 GIST ST, FRANKLIN, TN 37064-3624
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
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
—
Stonebridge Bible Church
Sevenwater LLC
Warranty Deed
$1,375,000 · Crystal Lake Bank & Trust Company NA
Jun 6, 2025
$2,750,000
Gkg Property 150 LLC
Stonebridge Bible Church
Warranty Deed
$1,100,000 · Crystal Lake Bank & Trust Company N
Dec 14, 2020
—
Sevenwater LLC
Abhc LLC
Warranty Deed
$130,000 · American Community Bank & Trust
Dec 13, 2018
$1,450,000
Abhc LLC
Cary Point Partners LLC
Limited Warranty Deed
—
Dec 20, 2011
$936,000
Cary Point Partners LLC
American Real Estate Investmen
Grant Deed
—
Jun 9, 2011
—
American Real Estate Investmen
150 East Chicago Street LLC
Warranty Deed
—
Nov 4, 2010
—
150 East Chicago Street LLC
—
Trustees Deed
related
$650,000 · First American Bank
Sep 28, 2010
—
150 East Chicago Street LLC
—
Grant Deed
related
$5,500,000 · First American Bank
May 14, 2010
—
150 East Chicago Street LLC
—
Grant Deed
related
$5,000,000 · First American Bank
Apr 20, 2010
—
150 East Chicago Street LLC
—
Trustees Deed
related
$4,000,000 · First American Bank
Mar 25, 2010
—
150 East Chicago Street LLC
—
Trustees Deed
related
$450,000 · First American Bank
Feb 9, 2010
—
150 East Chicago Street LLC
—
Trustees Deed
related
$3,000,000 · First American Bank
Jan 6, 2010
—
150 East Chicago Street LLC
—
Grant Deed
related
$2,750,000 · First American Bank
Jul 21, 2009
—
150 East Chicago LLC
—
Trustees Deed
related
$200,000 · First American Bank
Mar 18, 2009
—
150 East Chicago Street LLC
—
Trustees Deed
related
$170,000 · First American Bank
Jul 24, 2008
—
150 East Chicago Street LLC
—
Trustees Deed
related
$1,630,000 · First American Bank
Sep 26, 2006
—
150 East Chicago Street LLC
—
Grant Deed
related
$2,250,000 · First American Bank
Jun 8, 2006
—
150 East Chicago Street LLC
—
Trustees Deed
related
$200,000 · First American Bank
Jun 3, 2004
—
150 East Chicago Street LLC
—
Deed Of Trust
related
$2,600,000 · First American Savings Bank
Jun 28, 2002
$1,225,000
150 E Chicago St LLC
Bank One NA
Grant Deed
—
Jun 28, 2002
—
Bank One NA
Barrington Hills Moulding INC
Trustees Deed
related
—
—
—
Creswell INC
—
Deed Of Trust
related
$529,000 · Somercor 504inc
—
—
150 East Chicago Street LLC
—
Deed Of Trust
related
$550,000 · First American Bank
—
—
150 East Chicago Street LLC
—
Deed Of Trust
related
$100,000 · First American Bank
—
—
150 E Chicago Stree LLC
—
Deed Of Trust
related
$900,000 · First American Bank
—
—
Creswell INC
—
Deed Of Trust
related
$1,215,000 · First National Bank Chicago
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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