New search
Property profile & analytics
OFF-MARKET
Industrial properties
1985 Anson Dr, Melrose Park, IL 60160-1018
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0546668
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1959
Lot
1.12 ac (48,787 SF)
APN
12-32-403-004
UPID
US28-0546668
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
-
American Steel Fabricators, Inc. Construction Company
-
Statewide Amusement Co Big Box & Wholesale Store 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
Pumbaa 1985 LLC · 2 yrs held
Pumbaa 1985 LLC
since 2024
Last sale
$180,000
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 Melrose Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Melrose Park 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
$90,743
Tax year 2022
Assessed value
$248,913
Assessed 2022
Previous assessed
$248,913
+0.0% YoY
Effective rate
36.46%
On assessed value
Assessed land
$91,265
Assessed improvement
$157,648
Land market value
$365,060
Improvement market value
$630,592
Total market value
$995,652
Applied tax rate
20,039.0000
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
1959
Heating
NONE
Lot
1.12 ac (48,787 SF)
APN
12-32-403-004
UPID
US28-0546668
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
1959
Heating
NONE
Lot
1.12 ac
Current owner
From public records · entity-resolved
Pumbaa 1985 LLC
Entity
Mailing address
4321 W 32ND ST, CHICAGO, IL 60623-4814
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
Apr 18, 2024
—
Pumbaa 1985 LLC
Gregory R Less
Correction Deed
related
—
Apr 11, 2024
—
Gregory R Less
Melrose 1985 LLC
Quit Claim Deed
related
—
Apr 11, 2024
$180,000
Pumbaa 1985 LLC
Raffinato Partners LLC
Special Warranty Deed
—
Aug 23, 2018
$800,000
Melrose 1985 LLC
Sa Acquisition Property II LLC
Grant Deed
$1,360,000 · Busey Bk
May 5, 2017
—
Sa Acquisition Property II LLC
Sheriff Of Cook County|parker-psencik,lori L
Trustees Deed
related
—
Aug 11, 2006
$935,000
Stanislav Psencik
A & M Building Ents LLC
Warranty Deed
$748,000 · Lasalle National Bank
Feb 8, 2002
$600,000
A & M Building Enterprises
Zenith Vending Corp
Grant Deed
—
Feb 8, 2002
—
A & M Building Enterprises LLC
Fifth Third Bank Ttee
Grant Deed
$600,000 · Fifth Third Bank
—
—
Lori L Parker-psencik
—
Deed Of Trust
related
$739,590 · Lasalle National Bank
—
—
Old Kent Bank Trustee
—
Deed Of Trust
related
$700,000 · 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.
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 1985 Anson Dr?
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.
