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Property profile & analytics
FOR LEASE
Office buildings
1600 Golf Rd 1200, Rolling Meadows, IL 60008
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-1589697
$129-$16,955/Mo
1600 Golf Rd,Unit 1200, Rolling Meadows, IL 60008
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Total area
253,500 SF
Lot
9.56 ac (416,434 SF)
APN
08-08-403-021
UPID
US28-1589697
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
-
Chevin Tools Production Facility Factory
-
Elim Pediatric Pharmaceuticals, Inc. Factory Production Facility
-
Verizon Connect (Bike/Boat/Book/etc) Store Corporate Office
-
Northwest Mechanical & Electrical Inc. Electrical Service General Contractor
-
Mitsutoyo-Kiko Usa Inc, Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$16.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.00M
Owner & transaction history
Rss Ubscm2017 C4 Il Icc LLC · 2 yrs held
Rss Ubscm2017 C4 Il Icc LLC
since 2024
Last sale
$16.0M
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 Rolling Meadows submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolling Meadows 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
$16,000,000
ML approach
$16,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$16.00M
Range $14.40M – $17.60M · ±10% · vs last sale $16.00M (May 6 2024)
Last sale anchor
$16.00M
May 6 2024
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
$63 / 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
$1,734,906
Tax year 2022
Assessed value
$5,937,503
Assessed 2022
Previous assessed
$5,937,503
+0.0% YoY
Effective rate
29.22%
On assessed value
Assessed land
$971,061
Assessed improvement
$4,966,442
Land market value
$3,884,244
Improvement market value
$19,865,768
Total market value
$23,750,012
Applied tax rate
16,053.0000
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 (MULTI-STORY)
Status
For Lease
Year built
1983
Heating
NONE
Stories
12
Total area
253,500 SF
Lot
9.56 ac (416,434 SF)
APN
08-08-403-021
UPID
US28-1589697
Jurisdiction
COOK
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
1983
Heating
NONE
Stories
12
Lot
9.56 ac
Current owner
From public records · entity-resolved
Rss Ubscm2017 C4 Il Icc LLC
Entity
Free & Clear · 2 yrs held
Mailing address
200 S BISCAYNE BLVD STE #3550, MIAMI, FL 33131-2379
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
—
Rss Ubscm2017 C4 Il Icc LLC
1600 Corporate Center LLC
Foreclosure
related
—
Sep 13, 2017
—
1600 Corp Center LLC
—
Grant Deed
related
$45,560,000 · Societe Generale
Dec 1, 2015
$16,000,000
1600 Corporate Center LLC
Mlcfc 2006-4 Golf Office LLC
Grant Deed
$16,875,000 · Private Individual
Sep 28, 2006
$15,000,000
Ypi 1600 Corporate Center LLC
Glr-1600 Corporate Center LLC
Grant Deed
$132,400,000 · Countrywide Com'l R E Fin
Dec 24, 2003
—
Hq Global Workplaces INC
—
Deed Of Trust
related
$20,000,000 · Bnp Paribas
Mar 8, 2001
$13,850,500
Glr 1600 Corporate Center LLC
250 Exchange Corp
Grant Deed
—
Mar 8, 2001
—
Jrc Southfield Properties LP
Jrc Southfield 1600 Corp Ctr
Quit Claim Deed
related
—
Mar 8, 2001
$12,150,000
Glr 1600 Corporate Center LLC
Jrc Southfield/1600 Corp Ctr
Grant Deed
—
Oct 11, 2000
—
Jrc Southfield/1600 Corporate
W R Southfield Assoc LP
Quit Claim Deed
related
—
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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