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Property profile & analytics
OFF-MARKET
Gas stations
1600 Wise Rd, Schaumburg, IL 60193-3523
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-1912583
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2000
Lot
0.51 ac (22,388 SF)
APN
07-29-309-006
UPID
US28-1912583
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
-
bp Gas Station
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
-
AGH Corporation Engineer
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
B & G 1600 LLC · 6 yrs held
B & G 1600 LLC
since 2019
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 Schaumburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schaumburg 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 2022Property tax & assessments
Tax year 2022
Tax billed
$56,254
Tax year 2022
Assessed value
$207,089
Assessed 2022
Previous assessed
$179,104
+15.6% YoY
Effective rate
27.16%
On assessed value
Assessed land
$67,164
Assessed improvement
$139,925
Land market value
$268,656
Improvement market value
$559,700
Total market value
$828,356
Applied tax rate
35,011.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2000
Heating
NONE
Lot
0.51 ac (22,388 SF)
APN
07-29-309-006
UPID
US28-1912583
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
2000
Heating
NONE
Lot
0.51 ac
Current owner
From public records · entity-resolved
B & G 1600 LLC
Entity
Mailing address
1600 W WISE RD, SCHAUMBURG, IL 60193-3523
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Sep 30, 2019
$265,000
B & G 1600 LLC
1600 Wise Road LLC
Grant Deed
related
$480,000 · Jasvant Patel
Jan 24, 2014
—
1600 Wise Road LLC
Patel,sanjay M
Quit Claim Deed
related
$532,500 · Ridgestone Bk
Jul 1, 2013
$542,500
Sanjay M Patel
Patel,himanshu & Gautambhai
Warranty Deed
related
—
Aug 12, 1999
$190,000
Patel,himanshu
Ronald Campanelli Trustee
Trustees Deed
—
Aug 12, 1999
—
Investment Properti Campanelli
Woelfle,thomas E
Quit Claim Deed
related
—
—
—
Gautambhai Patel
—
Deed Of Trust
related
$96,356 · Mutual Bank
—
—
Himanshu Patel
—
Deed Of Trust
related
$1,091,941 · Mutual Bank
—
—
Himanshu Patel
—
Deed Of Trust
related
$1,028,000 · Mutual 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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