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Property profile & analytics
OFF-MARKET
Estimated value
$35,380,000
Industrial properties
2101 Dralle Rd, University Park, IL 60484-4122
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-4956180
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
60.19 ac (2,621,876 SF)
APN
21-14-16-202-001
UPID
US28-4956180
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
-
Kessler Sales and Distribution Factory Metal Fabrication Plant
-
BlueLinx Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.38M
Owner & transaction history
2101 Dralle Rd Owner LLC · 4 yrs held
2101 Dralle Rd Owner LLC
since 2022
Last sale
$34.5M
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 University Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs University 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
Method
Estimation
Statistic approach
$37,145,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$35.38M
Range $31.84M – $38.92M · ±10% · vs last sale $34.50M (Mar 1 2022)
Last sale anchor
$34.50M
Mar 1 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,117,658
Tax year 2023
Assessed value
$8,219,344
Assessed 2023
Previous assessed
$8,219,344
+0.0% YoY
Effective rate
13.60%
On assessed value
Assessed land
$920,808
Assessed improvement
$7,298,536
Land market value
$2,762,424
Improvement market value
$21,895,608
Total market value
$24,658,032
Applied tax rate
2,106.0000
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
Heating
NONE
Lot
60.19 ac (2,621,876 SF)
APN
21-14-16-202-001
UPID
US28-4956180
Jurisdiction
WILL
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
Heating
NONE
Lot
60.19 ac
Current owner
From public records · entity-resolved
2101 Dralle Rd Owner LLC
Entity
Mailing address
10275 W HIGGINS RD STE #810, ROSEMONT, IL 60018-5601
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
2101 Dralle Rd Owner LLC
—
Deed
related
$345,000,000 · Athene Annuity And Life Company
Mar 1, 2022
$34,495,222
2101 Dralle Rd Owner LLC
Stnl III LLC
Special Warranty Deed
$374,000,000 · Barclays Capital Real Estate INC
May 20, 2019
$23,000,000
Stnl III University Park LLC
Abp Il University Park LLC
Special Warranty Deed
$300,000,000 · Citibank NA
Jun 8, 2016
—
Abp Il LLC
—
Deed
related
$295,000,000 · Us Bank NA 2007-c27 (ce)
May 31, 2016
—
University Park One LLC
—
Grant Deed
related
$20,914,424 · Private Bk
Apr 18, 2016
$110,619
University Park One LLC
University Park Two LLC
Warranty Deed
—
Mar 8, 2016
$525,140
University Park 1 LLC
Abp Iluniversity Park LLC
Grant Deed
—
Mar 8, 2016
$984,058
University Park Two LLC
Abp Il University Park LLC
Grant Deed
related
—
—
—
Abp Il LLC
—
Loan Modification
related
$295,000,000 · Us Bank NA 2007-c27 (ce)
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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