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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Industrial properties
1805 Phelps Dr, Batavia, IL 60510-1519
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-2423330
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Total area
11,000 SF
Lot
1.09 ac (47,263 SF)
APN
12-13-251-030
UPID
US28-2423330
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
-
Barnaba Autosport Car Dealership
-
Clean Sweep Environmental Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$825k
Owner & transaction history
Small Business Growth Corporation · 2 yrs held
Small Business Growth Corporation
since 2024
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 Batavia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Batavia 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,045,000
Current use
Blend value · Realmo final
$825k
Range $743k – $908k · ±10%
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
$75 / 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
$25,506
Tax year 2022
Assessed value
$297,582
Assessed 2022
Previous assessed
$297,582
+0.0% YoY
Effective rate
8.57%
On assessed value
Assessed land
$68,354
Assessed improvement
$229,228
Land market value
$205,062
Improvement market value
$687,684
Total market value
$892,746
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
2006
Heating
NONE
Stories
1
Total area
11,000 SF
Lot
1.09 ac (47,263 SF)
APN
12-13-251-030
UPID
US28-2423330
Jurisdiction
KANE
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Small Business Growth Corporation
Entity
Mailing address
2401 W WHITE OAKS DR, SPRINGFIELD, IL 62704-6563
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2024
—
Small Business Growth Corporation
Carb 66 LLC
Agreement Of Sale
$631,000 · Small Business Growth Corporation
Sep 6, 2023
$1,320,000
Carb 66 LLC
H & H Properties Management INC
Warranty Deed
$614,800 · St Charles Bank & Trust Co NA
Dec 16, 2020
—
H & H Properties Management
—
Deed
related
$1,270,000 · Inland Bank & Trust
May 26, 2016
—
H & H Properties Management INC
—
Deed
related
$430,000 · Jpmorgan Chase Bank NA
Jan 6, 2012
—
H & H Properties Management INC
—
Trustees Deed
related
$380,000 · West Suburban Bank
Feb 26, 2010
—
H & H Properties Management INC
Hochsprung,john
Quit Claim Deed
related
$870,000 · First Community Bank
Jun 1, 2006
—
Bertram Hochsprung
—
Trustees Deed
related
$900,000 · Private Bank & Trust Co
Oct 6, 2005
$265,000
John Hochsprung
J & L Building Ents LLC
Warranty Deed
—
—
—
H & H Properties Management INC
—
Deed Of Trust
related
$470,000 · West Suburban Bank
—
—
H & H Properties Management INC
—
Deed Of Trust
related
$393,000 · Small Business Growth Corp
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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