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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Industrial properties
1851 Albright Rd, Montgomery, IL 60538-1181
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5868823
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
METAL FRAME
Total area
29,670 SF
Lot
1.87 ac (81,457 SF)
APN
15-32-303-009
UPID
US28-5868823
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
-
Benetech Investments Corporation Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.97M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.72M
Owner & transaction history
1851 Albright Investments LLC · 2 yrs held
1851 Albright Investments LLC
since 2023
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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%
$2,130,000
6.5%
$1,965,000
7%
$1,825,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,460,000
Current use
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±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
$58 / 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
$43,877
Tax year 2022
Assessed value
$544,987
Assessed 2022
Previous assessed
$544,987
+0.0% YoY
Effective rate
8.05%
On assessed value
Assessed land
$52,825
Assessed improvement
$492,162
Land market value
$158,475
Improvement market value
$1,476,486
Total market value
$1,634,961
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
1998
Construction
METAL FRAME
Heating
NONE
Stories
2
Total area
29,670 SF
Lot
1.87 ac (81,457 SF)
APN
15-32-303-009
UPID
US28-5868823
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
$2.5M
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
1998
Construction
METAL FRAME
Heating
NONE
Stories
2
Lot
1.87 ac
Current owner
From public records · entity-resolved
1851 Albright Investments LLC
Entity
Mailing address
PO BOX 6437, LEES SUMMIT, MO 64064-6437
Ownership since
2023
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
Oct 31, 2023
—
Albright Investments LLC
—
Deed
related
$1,900,000 · Farm Bureau Life Insurance Company Of Mi
Oct 17, 2023
—
1851 Albright Investments LLC
Sallee Real Estate Investments LLC
Special Warranty Deed
—
Sep 28, 2020
—
Sallee Real Estate Investments LLC
—
Deed
related
$1,379,000 · Bank Of The West
Aug 19, 2019
—
Sallee R & E Invs LLC
—
Deed
related
$1,400,000 · Bank Of The West
Aug 2, 2018
$222,000
Sallee R & E Invs LLC
1851 Blue LLC
Grant Deed
$1,400,000 · Bank Of The West
Sep 17, 2013
$1,800,000
1851 Blue LLC
1851 Albright Partners LLC
Warranty Deed
$1,440,000 · First National Bank Of Omaha
Mar 12, 2008
—
1851 Albright Partners LLC
North Star Trust Co
Grant Deed
—
Apr 24, 2003
$1,500,000
Harris Trust & Savings Bk Ttee
Benetech INC
Grant Deed
related
$1,125,000 · Harris Bank Elk Grove NA
Aug 21, 2001
—
Benetech INC
—
Deed Of Trust
related
$14,900,000 · Heller Financial Trustee
—
—
Sallee R & E Invs LLC
—
Deed Of Trust
related
$1,400,000 · Bank Of The West
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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