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Property profile & analytics
OFF-MARKET
Estimated value
$35,940,000
Industrial properties
2400 Huntington Blvd, Hoffman Estates, IL 60192-1564
Entity Owned
2-yr Hold
Free & Clear
Property ID
US28-0979619
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Lot
7.49 ac (326,264 SF)
APN
01-36-402-010
UPID
US28-0979619
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
-
Huntington 90 Business Park
-
DMG MORI USA Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$35.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.94M
Owner & transaction history
Dmg Mori USA INC · 2 yrs held
Dmg Mori USA INC
since 2024
Last sale
$35.9M
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 Hoffman Estates submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoffman Estates 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
$35,940,000
ML approach
$35,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$35.94M
Range $32.35M – $39.53M · ±10% · vs last sale $35.94M (May 3 2024)
Last sale anchor
$35.94M
May 3 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
—
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
$229,835
Tax year 2022
Assessed value
$922,122
Assessed 2022
Previous assessed
$922,122
+0.0% YoY
Effective rate
24.92%
On assessed value
Assessed land
$163,128
Assessed improvement
$758,994
Land market value
$652,512
Improvement market value
$3,035,976
Total market value
$3,688,488
Applied tax rate
10,059.0000
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
2008
Heating
NONE
Lot
7.49 ac (326,264 SF)
APN
01-36-402-010
UPID
US28-0979619
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
2008
Heating
NONE
Lot
7.49 ac
Current owner
From public records · entity-resolved
Dmg Mori USA INC
Entity
Free & Clear · 2 yrs held
Mailing address
2400 HUNTINGTON BLVD, HOFFMAN ESTATES, IL 60192-1564
Mailing matches property
Yes
Owner-occupied
Yes
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
May 3, 2024
—
Dmg Mori USA INC
Mizuho America Leasing LLC
Lease
—
May 3, 2024
$35,939,000
Mizuho America Leasing LLC
Morisek Hoffman Il LLC
Special Warranty Deed
—
Dec 4, 2023
—
Morisek Hoffman Il LLC
—
Deed
related
$335,000 · Jpmorgan Chase Bank NA
Dec 23, 2016
—
Morisek Hoffman Il LLC
—
Deed
related
$26,000,000 · Pnc Bk
Dec 11, 2009
$31,500,000
Morisek Hoffman Il LLC
Mcshane Hoffman Ms LLC
Grant Deed
—
—
—
Morisek Hoffman Il LLC
—
Deed Of Trust
related
$20,000,000 · American National Insurance Co
—
—
Morisek Hoffman Il LLC
—
Deed Of Trust
related
$26,000,000 · Pnc Bk
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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