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Property profile & analytics
OFF-MARKET
Estimated value
$8,590,000
Industrial properties
16750 Vincennes Ave, South Holland, IL 60473-2800
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-5821835
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1964
Lot
8.2 ac (357,192 SF)
APN
29-21-400-018
UPID
US28-5821835
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
-
Rigos Truck Repair Auto Repair Shop
-
Galaxy Heating And Air Conditioning Hardware & Home Improvement General Contractor
-
TQL MIDWEST LLC Logistics Company Freight Service
-
IL Big Rig Road Service and Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.59M
Owner & transaction history
16750 Partners LLC · 4 yrs held
16750 Partners LLC
since 2021
Last sale
$8.7M
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 South Holland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Holland 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
$7,645,000
ML approach
$8,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.59M
Range $7.73M – $9.45M · ±10% · vs last sale $8.65M (Nov 16 2021)
Last sale anchor
$8.65M
Nov 16 2021
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
—
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
$202,087
Tax year 2022
Assessed value
$337,122
Assessed 2022
Previous assessed
$337,122
+0.0% YoY
Effective rate
59.94%
On assessed value
Assessed land
$106,148
Assessed improvement
$230,974
Land market value
$424,592
Improvement market value
$923,896
Total market value
$1,348,488
Applied tax rate
37,059.0000
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
1964
Heating
NONE
Lot
8.2 ac (357,192 SF)
APN
29-21-400-018
UPID
US28-5821835
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
1964
Heating
NONE
Lot
8.2 ac
Current owner
From public records · entity-resolved
16750 Partners LLC
Entity
Mailing address
418 CLIFTON AVE STE #200, LAKEWOOD, NJ 08701-3749
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$8,650,000
16750 Partners LLC
Rd South Holland LLC
Special Warranty Deed
$5,500,000 · Lmf Commercial LLC
Mar 21, 2019
$4,331,500
Rd South Holland LLC
Stag South Holland LLC
Grant Deed
$3,150,000 · Chemical Bk
Dec 19, 2013
—
Stag South Holland LLC
Ktr Ill LLC
Grant Deed
related
—
Aug 11, 2011
—
Ktr Ill LLC
Cjf4 LLC
Quit Claim Deed
related
—
Jul 12, 2006
$4,266,666
Cjf4 LLC
Centerpoint Properties Trust
Grant Deed
$170,000,000 · Northwestern Mutual Life Ins
Mar 29, 2000
$1,714,500
Centerpoint Properties Trust
South Holland LLC
Grant Deed
—
Jun 16, 1999
—
South Holland LLC
Shaffer,john E
Quit Claim Deed
related
—
Sep 17, 1998
$255,500
John E Shaffer
South Holland LLC
Quit Claim Deed
related
—
Aug 10, 1998
$4,000,000
South Holland LLC
Bert E Downing Trustee
Grant Deed
$3,150,000 · Us Bank
—
—
South Holland LLC
—
Deed Of Trust
related
$4,200,000 · Principal Life Insurance Co
—
—
Rd South Holland LLC
—
Loan Modification
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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