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Property profile & analytics
FOR LEASE
Industrial properties
200 Howard Ave, Des Plaines, IL 60018
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0290685
For Lease
1 / 2
$15,905,000
200 Howard Ave, Des Plaines, IL 60018
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Lot
2.65 ac (115,434 SF)
APN
09-30-101-031
UPID
US28-0290685
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
-
Uvanta Pharmacy of Northern Illinois Pharmacy
-
Powerpath Microproducts Electronics & Wireless Store
-
PetNet Solutions Factory Production Facility
-
Kraus & Naimer Inc Electronics & Wireless Store
-
TORNOS TECHNOLOGIES US CORPORATION Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.91M
Owner & transaction history
Hoh Owner LLC · 4 yrs held
Hoh Owner LLC
since 2022
Last sale
$15.9M
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 Des Plaines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Plaines 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
$16,020,000
ML approach
$9,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.91M
Range $14.31M – $17.50M · ±10% · vs last sale $15.85M (Apr 4 2022)
Last sale anchor
$15.85M
Apr 4 2022
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
—
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
$162,934
Tax year 2022
Assessed value
$633,208
Assessed 2022
Previous assessed
$483,560
+30.9% YoY
Effective rate
25.73%
On assessed value
Assessed land
$194,794
Assessed improvement
$438,414
Land market value
$779,176
Improvement market value
$1,753,656
Total market value
$2,532,832
Applied tax rate
22,028.0000
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
For Lease
Year built
1986
Heating
NONE
Lot
2.65 ac (115,434 SF)
APN
09-30-101-031
UPID
US28-0290685
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
1986
Heating
NONE
Lot
2.65 ac
Current owner
From public records · entity-resolved
Hoh Owner LLC
Entity
Mailing address
8755 W HIGGINS RD STE #700, CHICAGO, IL 60631-2746
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
$15,850,000
Hoh Owner LLC
Ocp Hoh LLC
Special Warranty Deed
$7,240,000 · Cibc Bank USA
Jan 23, 2020
$10,300,000
Ocp Hoh LLC
Quality Real Estate II LLC
Grant Deed
—
Feb 21, 2019
—
Quality R & E II LLC-howard Oha
Trust Number 9871
Grant Deed
related
—
Jul 1, 2004
—
Northern Trust Co Trustee
—
Deed Of Trust
related
$9,360,000 · Lasalle National Bank
Nov 14, 2001
$8,154,000
Northern Trust Co Trustee
Suburban Chicago Office LLC
Grant Deed
$6,800,000 · National City Bank Michigan/il
Mar 17, 2000
—
Suburban Chicago Office LLC
—
Deed Of Trust
related
$4,725,000 · Golden America Life Insurance
Oct 6, 1999
$7,500,000
Suburban Chicago Office LLC
Teachers Ins & Annuity Assoc
Grant Deed
—
—
—
Trust 9871
—
Deed Of Trust
related
—
—
—
Trust 9871
—
Deed Of Trust
related
$10,027,591 · First Bank Highland Park
—
—
Trust 9871
—
Deed Of Trust
related
$11,000,000 · First Bk/highland Park
—
—
Trust 9871
—
Loan Modification
related
$9,318,712 · First Bk/highland Park
—
—
Northern Trust Co Trustee
—
Deed Of Trust
related
$8,150,000 · National City Bank Michigan/il
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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