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Property profile & analytics
FOR LEASE
Commercial real estate
24 Kristin Dr Schaumburg, IL 60195
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0864257
For Lease
1 / 3
$6,525,000
24 Kristin Dr, Schaumburg, IL 60195
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Lot
0.84 ac (36,691 SF)
APN
07-10-101-036
UPID
US28-0864257
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.53M
Owner & transaction history
Red Arrow Investments LLC · 4 yrs held
Red Arrow Investments LLC
since 2022
Last sale
$6.0M
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 Schaumburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schaumburg 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
$7,120,000
ML approach
$7,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.53M
Range $5.87M – $7.18M · ±10% · vs last sale $5.96M (Jan 24 2022)
Last sale anchor
$5.96M
Jan 24 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
$131,674
Tax year 2022
Assessed value
$484,735
Assessed 2022
Previous assessed
$397,999
+21.8% YoY
Effective rate
27.16%
On assessed value
Assessed land
$91,727
Assessed improvement
$393,008
Land market value
$366,908
Improvement market value
$1,572,032
Total market value
$1,938,940
Applied tax rate
35,011.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1999
Heating
NONE
Lot
0.84 ac (36,691 SF)
APN
07-10-101-036
UPID
US28-0864257
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
1999
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
Red Arrow Investments LLC
Entity
Mailing address
306TH W EL NORTE PKWY #4, ESCONDIDO, CA 92026-1925
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
$5,955,000
Red Arrow Investments LLC
Kristin 22 LLC
Special Warranty Deed
$2,575,000 · Us Bank NA
Dec 26, 2019
—
Kristin 22 LLC
Olympia Acquisitions LLC
Quit Claim Deed
related
$2,230,000 · Inland Bk&tr
Dec 26, 2019
$1,500,000
Olympia Acquisitions LLC
Roselle Investments LLC
Warranty Deed
—
May 24, 2010
$800,000
Kristin Roselle Invs LLC
21 Kristin LLC
Grant Deed
related
—
Aug 10, 2009
—
21 Kristin LLC
21 Kristin Developers LLC
Quit Claim Deed
related
$8,087,035 · Bank Of America
Aug 10, 2009
$7,767,000
21 Kristin LLC
24 Kristin Commercial LLC
Grant Deed
—
—
—
24 Kristin Commercial LLC
—
Deed Of Trust
related
$840,000 · Lasalle National Bank
—
—
Kristin Roselle Invs LLC
—
Deed Of Trust
related
$500,000 · M & I Marshall & Isley 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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