New search
Property profile & analytics
OFF-MARKET
Auto shops
1815 Wise Rd, Schaumburg, IL 60193-3526
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-5428210
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Lot
0.4 ac (17,500 SF)
APN
07-32-107-019
UPID
US28-5428210
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
-
Valvoline Instant Oil Change Auto Repair Shop
-
R.N.K. Automotive Auto Repair Shop
-
Oil Max Express Auto Repair Shop
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
Aterra 179 1815 Wise Schaumburg LLC · 3 yrs held
Aterra 179 1815 Wise Schaumburg LLC
since 2022
Last sale
$330,000
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
$25,281
Tax year 2022
Assessed value
$93,067
Assessed 2022
Previous assessed
$67,282
+38.3% YoY
Effective rate
27.16%
On assessed value
Assessed land
$52,500
Assessed improvement
$40,567
Land market value
$210,000
Improvement market value
$162,268
Total market value
$372,268
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Lot
0.4 ac (17,500 SF)
APN
07-32-107-019
UPID
US28-5428210
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
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Aterra 179 1815 Wise Schaumburg LLC
Entity
Mailing address
1001 GRAND AVE, WEST DES MOINES, IA 50265-3502
Ownership since
2022
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
Nov 2, 2022
$330,000
Aterra 179 1815 Wise Schaumburg LLC
Irvingwise Management INC
Warranty Deed
$247,500 · South Story Bank & Trust
Oct 15, 2009
$378,500
Irvingwise Management INC
Oxford Bk & Trust
Warranty Deed
$186,500 · Oxford Bank & Trust
Mar 30, 2009
—
Oxford Bk & Trust
Intercounty Judicial Sales Cor
Trustees Deed
related
—
Aug 10, 2006
$470,000
3 E LLC
Wise Properties LLC
Warranty Deed
$376,000 · Oxford Bank & Trust
Oct 18, 2004
$381,000
Wise Properties LLC
Oil X-change INC
Warranty Deed
$278,047 · Bank One NA
Apr 13, 2001
—
Oil X Change INC
Charter National Bk&tr Trustee
Deed Of Trust
related
$7,475,000 · Tcf National Bank
—
—
Irvingwise Management INC
—
Deed Of Trust
related
$116,000 · Small Business Growth Corp
—
—
Charter Natl Bank & Trust Ttee
—
Deed Of Trust
related
$273,350 · Charter Bank & Trust
—
—
Irvingwise Management INC
—
Deed Of Trust
related
$117,000 · Small Business Growth Corp
—
—
Irvingwise Management INC
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1815 Wise Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
