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Property profile & analytics
OFF-MARKET
Estimated value
$7,505,000
Industrial properties
200 63rd St, Westmont, IL 60559-2610
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-3318872
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1962
Total area
57,364 SF
Lot
9.39 ac (409,028 SF)
Zoning code
N
APN
09-16-406-014
UPID
US28-3318872
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
-
Westmont Garage Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.44M
Blend (final)
Blend
$7.51M
Owner & transaction history
Gtv Westmontllc · 2 yrs held
Gtv Westmontllc
since 2024
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
N · Westmont, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.4M
+85.1%
Commercial (general)
$10.4M
+56.1%
Office building
$10.3M
+53.9%
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 Westmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westmont 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
$7,505,000
ML approach
$7,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,680,000
Current use
RETAIL STORES
$12,360,000
Change: +85% · Conversion: Moderate
COMMERCIAL (GENERAL)
$10,425,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$10,280,000
Change: +54% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,975,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$7.51M
Range $6.75M – $8.26M · ±10% · vs last sale $7.51M (Apr 24 2024)
Last sale anchor
$7.51M
Apr 24 2024
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
$131 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$146,582
Tax year 2023
Assessed value
$2,081,280
Assessed 2023
Previous assessed
$1,370,440
+51.9% YoY
Effective rate
7.04%
On assessed value
Assessed land
$1,230,550
Assessed improvement
$850,730
Land market value
$3,691,650
Improvement market value
$2,552,190
Total market value
$6,243,840
Applied tax rate
9,541.0000
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
1962
Heating
NONE
Stories
4
Total area
57,364 SF
Lot
9.39 ac (409,028 SF)
Zoning code
N
APN
09-16-406-014
UPID
US28-3318872
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
N · Westmont, IL
Zoning N · permitted uses
N · Westmont, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.7M
RETAIL STORES
Est. value
$12.4M
COMMERCIAL (GENERAL)
Est. value
$10.4M
OFFICE BUILDING
Est. value
$10.3M
WAREHOUSE, STORAGE
Est. value
$6.0M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1962
Heating
NONE
Stories
4
Lot
9.39 ac
Current owner
From public records · entity-resolved
Gtv Westmontllc
Individual
Free & Clear · 2 yrs held
Mailing address
9500 BRYN MAWR AVE STE #130, ROSEMONT, IL 60018-5219
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
—
Gtv Des Plaines LLC
—
Deed
related
$43,100,000 · New York Life Insurance Company
Apr 24, 2024
$7,505,000
Gtv Westmontllc
Tp Westmont I LLC
Special Warranty Deed
—
Dec 22, 2022
—
Tp Westmont I LLC
—
Deed
related
$6,599,910 · Associated Bank NA
Dec 2, 2022
—
Tp Westmont I LLC
—
Deed
related
$6,599,910 · Associated Bank NA
May 4, 2022
—
Tp Westmont I LLC
—
Deed
related
$6,599,910 · Associated Bank NA
Feb 4, 2022
—
Illinois Bell Telephone Company LLC
Tp Westmont I LLC
Lease
—
Feb 4, 2022
$4,000,000
Tp Westmont I LLC
Illinois Bell Telephone Company LLC
Special Warranty Deed
$22,421,500 · Associated Bank NA
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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