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Property profile & analytics
OFF-MARKET
Office buildings
155 Pfingsten Rd, Deerfield, IL 60015-5293
Trust Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5863692
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
BRICK
Total area
1,124 SF
Lot
7.43 ac (323,607 SF)
APN
16-33-304-018
UPID
US28-5863692
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Heartland Bank And Trust Company · 1 yrs held
Heartland Bank And Trust Company
since 2025
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 Deerfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield 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 2023Property tax & assessments
Tax year 2023
Tax billed
$374,033
Tax year 2023
Assessed value
$3,427,040
Assessed 2023
Previous assessed
$3,949,777
-13.2% YoY
Effective rate
10.91%
On assessed value
Assessed land
$1,201,514
Assessed improvement
$2,225,526
Land market value
$3,604,902
Improvement market value
$6,677,246
Total market value
$10,282,148
Applied tax rate
17,004.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
NONE
Total area
1,124 SF
Lot
7.43 ac (323,607 SF)
APN
16-33-304-018
UPID
US28-5863692
Jurisdiction
LAKE
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI 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
1987
Construction
BRICK
Heating
NONE
Lot
7.43 ac
Current owner
From public records · entity-resolved
Heartland Bank And Trust Company
Trust
Mailing address
121 W WACKER DR STE #1220, CHICAGO, IL 60601-1781
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
Jul 1, 2025
—
Heartland Bank And Trust Company
155 Group LLC
Deed
related
—
Jun 10, 2025
—
165 Group LLC
John D Idleburg
Deed
related
—
Sep 13, 2018
$14,400,000
155 Pfingsten Owner LLC
155 N Pfingsten LLC
Special Warranty Deed
$10,640,000 · First Midwest Bank
Dec 13, 2016
$10,137,525
155 N Pfingsten LLC
Crp Holdings Pfingsten LLC
Grant Deed
$10,540,000 · Ladder Cap Fin
Jan 26, 2012
—
Crp Holdings Pfingsten LLC
Crp Holdings B L P
Special Warranty Deed
$12,500,000 · Paragon Life Insurance Company Of I
Jan 18, 2006
$20,250,000
Holdings B
Fulcrum Pfingsten LLC
Grant Deed
—
Aug 29, 2003
$14,830,000
Fulcrum Pfingsten LLC
Lincoln Carlyle Deerfield LLC
Grant Deed
$11,500,000 · Citigroup Global Markets Realt
Aug 3, 1998
$12,100,000
Lincoln Carlyle Deerfield LLC
Resurgence Properties INC
Grant Deed
$9,500,000 · Lasalle National Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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