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Property profile & analytics
FOR SALE
Industrial properties
245 Kehoe Blvd, Carol Stream, IL 60188
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2508555
For Sale
$10,600,000
245 Kehoe Blvd, Carol Stream, IL 60188
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1971
Construction
MIXED
Total area
62,732 SF
Lot
11.41 ac (497,020 SF)
Zoning code
I
APN
02-32-202-006
UPID
US28-2508555
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
$10.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.60M
Owner & transaction history
Clop Carol Stream Il LLC · 1 yrs held
Clop Carol Stream Il LLC
since 2024
Last sale
$10.6M
3 recorded transactions
Zoning & alternative use
I · Carol Stream, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.1M
+81.9%
Retail stores
$13.5M
+74.0%
Commercial (general)
$12.8M
+65.2%
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 Carol Stream submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carol Stream 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
$10,600,000
ML approach
$10,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,770,000
Current use
MEDICAL BUILDING
$14,130,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$13,515,000
Change: +74% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,835,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$11,245,000
Change: +45% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,535,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$10.60M
Range $9.54M – $11.66M · ±10% · vs last sale $10.60M (Jul 17 2024)
Last sale anchor
$10.60M
Jul 17 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
$169 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$96,396
Tax year 2023
Assessed value
$1,078,860
Assessed 2023
Previous assessed
$995,700
+8.4% YoY
Effective rate
8.93%
On assessed value
Assessed land
$1,078,860
Land market value
$3,236,580
Total market value
$3,236,580
Applied tax rate
2,046.0000
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 Sale
Year built
1971
Construction
MIXED
Heating
NONE
Total area
62,732 SF
Lot
11.41 ac (497,020 SF)
Zoning code
I
APN
02-32-202-006
UPID
US28-2508555
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Carol Stream, IL
Zoning I · permitted uses
I · Carol Stream, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carol Stream. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$14.1M
RETAIL STORES
Est. value
$13.5M
COMMERCIAL (GENERAL)
Est. value
$12.8M
OFFICE BUILDING
Est. value
$11.2M
WAREHOUSE, STORAGE
Est. value
$6.5M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
MIXED
Heating
NONE
Lot
11.41 ac
Current owner
From public records · entity-resolved
Clop Carol Stream Il LLC
Entity
Mailing address
400 S WATER ST STE #200, EXCELSIOR, MN 55331-3001
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2024
—
Clop Carol Stream Il LLC
—
Deed
related
$500,000,000 · Computershare Trust Company NA
Jul 17, 2024
$10,600,000
Clop Carol Stream Il LLC
Mpm 245 Kehoe LLC
Warranty Deed
—
Mar 8, 2000
—
Pierce & Stevens Corp
—
Deed Of Trust
related
$200,000,000 · Chase Manhattan Bank Trustee
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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