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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Industrial properties
2306 Hatchery Rd, Spring Grove, IL 60081-9154
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US28-0180559
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Total area
14,668 SF
Lot
0.87 ac (37,897 SF)
APN
04-25-228-004
UPID
US28-0180559
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
-
Direct Source Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$774k
Blend (final)
Blend
$645k
Owner & transaction history
Edward James Group INC · 17 yrs held
Edward James Group INC
since 2008
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 Spring Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Grove 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10%
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
$44 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,689
Tax year 2022
Assessed value
$117,689
Assessed 2022
Previous assessed
$117,689
+0.0% YoY
Effective rate
9.08%
On assessed value
Assessed land
$17,669
Assessed improvement
$100,020
Land market value
$53,007
Improvement market value
$300,060
Total market value
$353,067
Applied tax rate
4,010.0000
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
1963
Heating
NONE
Total area
14,668 SF
Lot
0.87 ac (37,897 SF)
APN
04-25-228-004
UPID
US28-0180559
Jurisdiction
MCHENRY
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
1963
Heating
NONE
Lot
0.87 ac
Current owner
From public records · entity-resolved
Edward James Group INC
Entity
Mailing address
2306 HATCHERY RD, SPRING GROVE, IL 60081-9154
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Edward James Group INC
—
Deed
related
$100,000 · First National Bank & Trust Co
Oct 21, 2019
—
Edward James Group INC
—
Trustees Deed
related
$50,000 · First Nat'l Bk
May 26, 2016
—
Edward James Group INC
—
Deed
related
$295,000 · First National Bank & Trust Co
Jul 8, 2009
—
Edward James Group INC
—
Trustees Deed
related
$100,000 · Crystal Lake Bank & Trust Co
Dec 29, 2008
—
Edward James Group INC
Lowecki,jeffrey J
Quit Claim Deed
related
$320,000 · Crystal Lake Bank & Trust Co
Dec 29, 2008
$354,000
Jeffrey J Lowecki
Moran,jamie & Kelly J
Grant Deed
—
Jul 21, 2003
$332,500
Jamie T Moran
Lagrange Group INC
Grant Deed
$266,000 · Harris Bank Woodstock
Nov 27, 2000
$164,000
Lagrange Group INC
John F Nathan
Grant Deed
—
Jun 10, 1999
$175,000
John F Nathan
First Midwest Trust Co NA Ttee
Grant Deed
$165,000 · State Financial Bank
—
—
Mchenry State Bank Ttee
—
Deed Of Trust
related
$138,753 · Mchenry State Bank
—
—
La Grange Group
—
Deed Of Trust
related
$150,000 · First Midwest Bank
—
—
Lagrange Group INC
—
Deed Of Trust
related
$165,000 · State Financial Bank
—
—
Lagrange Group INC
—
Deed Of Trust
related
$60,000 · State Financial Bank
—
—
Lagrange Group
—
Deed Of Trust
related
$36,368 · Safeway INC
—
—
La Grange Group
—
Deed Of Trust
related
$275,974 · First Midwest Bank
—
—
Jamie T Moran
—
Deed Of Trust
related
$229,112 · Home State 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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