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Property profile & analytics
OFF-MARKET
Industrial properties
1901 Wright Blvd 5, Schaumburg, IL 60193-4558
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US28-0085744
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1993
Lot
2.89 ac (125,888 SF)
APN
07-33-303-011-1012
UPID
US28-0085744
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
-
Porter Lee Corporation Law Firm
-
For as little as $6,000 with delivery and setup Industrial Manufacturer Production Facility
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
Village Of Schaumburg · 16 yrs held
Village Of Schaumburg
since 2009
6 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
$28,240
Tax year 2022
Assessed value
$103,959
Assessed 2022
Previous assessed
$86,000
+20.9% YoY
Effective rate
27.16%
On assessed value
Assessed land
$31,150
Assessed improvement
$72,809
Land market value
$124,600
Improvement market value
$291,236
Total market value
$415,836
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1993
Heating
NONE
Lot
2.89 ac (125,888 SF)
APN
07-33-303-011-1012
UPID
US28-0085744
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
1993
Heating
NONE
Lot
2.89 ac
Current owner
From public records · entity-resolved
Village Of Schaumburg
Individual
Mailing address
1901 WRIGHT BLVD, SCHAUMBURG, IL 60193-4558
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2009
$7,400
Village Of Schaumburg
Wright Commons Condo Assn
Warranty Deed
—
Aug 31, 2005
$392,500
Porter Lee Properties LLC
Vitale Michael L Trust
Grant Deed
—
Nov 5, 2003
$268,000
Vital,tr
Northwestern Communications
Grant Deed
$235,000 · Cornerstone Nat'l Bank & Trust
Sep 29, 1998
$346,001
Norwestern Communications LLC
American Natl Bk&trt Chgo Ttee
Grant Deed
$346,770 · Old Kent Bank
—
—
Norwestern Communications
—
Deed Of Trust
related
$161,000 · Illinois Small Business Growth
—
—
Norwestern Communications LLC
—
Deed Of Trust
related
$192,650 · Old Kent Bank
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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