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Property profile & analytics
OFF-MARKET
Estimated value
$23,150,000
Industrial properties
1550 Hecht Dr, Bartlett, IL 60103-1697
Entity Owned
5-yr Hold
Free & Clear
Property ID
US28-3985990
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
11.44 ac (498,326 SF)
APN
01-05-101-017
UPID
US28-3985990
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
-
Greco and Sons Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.15M
Owner & transaction history
Cpus 1550 Hecht LP · 5 yrs held
Cpus 1550 Hecht LP
since 2020
Last sale
$23.4M
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 Bartlett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartlett 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
$278,904
Tax year 2023
Assessed value
$3,384,180
Assessed 2023
Previous assessed
$3,223,030
+5.0% YoY
Effective rate
8.24%
On assessed value
Assessed land
$700,420
Assessed improvement
$2,683,760
Land market value
$2,101,260
Improvement market value
$8,051,280
Total market value
$10,152,540
Applied tax rate
1,036.0000
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
Heating
NONE
Lot
11.44 ac (498,326 SF)
APN
01-05-101-017
UPID
US28-3985990
Jurisdiction
DU PAGE
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
Heating
NONE
Lot
11.44 ac
Current owner
From public records · entity-resolved
Cpus 1550 Hecht LP
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 638, ADDISON, TX 75001-0638
Ownership since
2020
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
Oct 7, 2020
$23,400,000
Cpus 1550 Hecht LP
Drive LP Westgate
Grant Deed
—
Aug 22, 2019
—
280 Westgate Drive LP
—
Grant Deed
related
$66,874,670 · Bank Of America
Apr 3, 2017
—
280 Westgate Drive LP
—
Loan Modification
related
$13,116,638 · Bank Of America
Jan 14, 2016
$1,821,500
Brewster Creek 9b LLC
Elmhurst-chicago Stone Co
Warranty Deed
—
Jun 9, 2005
$2,320,000
Qualified Independent Intermediary
Elmhurst Chicago Stone Co
Deed
$5,000,000 · Bank Of America NA
—
—
280 Westgate Drive LP
—
Loan Modification
related
$37,916 · Bank Of America California NA
—
—
280 Westgate Drive LP
—
Loan Modification
related
$3,116,638 · Bank Of America
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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