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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Industrial properties
1663 Mt Prospect Rd, Des Plaines, IL 60018-1802
Entity Owned
~
Est. High Equity
Property ID
US28-2767041
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Lot
1.88 ac (81,893 SF)
APN
09-30-100-061
UPID
US28-2767041
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
-
Rain Food and Beyond Grocery & Convenience Store Distribution Center
-
773 Air Duct (Bike/Boat/Book/etc) Store
-
Shipping Garage Warehouse & Storage
-
ServiceMaster Construction & Remodeling Company Construction Company
-
Water Damage Restoration - Chicago Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
Amerikan Us LLC
Amerikan Us LLC
since 2025
Last sale
$2.4M
5 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 Des Plaines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Plaines 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
$143,039
Tax year 2022
Assessed value
$555,893
Assessed 2022
Previous assessed
$369,402
+50.5% YoY
Effective rate
25.73%
On assessed value
Assessed land
$137,964
Assessed improvement
$417,929
Land market value
$551,856
Improvement market value
$1,671,716
Total market value
$2,223,572
Applied tax rate
22,028.0000
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
1985
Heating
NONE
Lot
1.88 ac (81,893 SF)
APN
09-30-100-061
UPID
US28-2767041
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
1985
Heating
NONE
Lot
1.88 ac
Current owner
From public records · entity-resolved
Amerikan Us LLC
Entity
Mailing address
6400 W TOUHY AVE, NILES, IL 60714-4510
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$2,375,000
Amerikan Us LLC
Kilbourn Properties 2000 INC
Special Warranty Deed
$1,785,000 · National Exchange Bank & Trust
Nov 20, 2019
—
Kilbourn Properties 2000 INC
—
Deed
related
$887,395 · Albany Bk&tr
Mar 11, 2014
$950,000
Kilbourn Properties 2000 INC
Trust 74391826
Grant Deed
—
—
—
Kilbourn Properties 2000 INC
—
Loan Modification
related
$887,395 · Albany Bk&tr
—
—
Kilbourn Properties 2000 INC
—
Deed Of Trust
related
$1,000,000 · Albany Bk&tr
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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