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255 Madsen Dr, Bloomingdale, IL 60108
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Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2017
Construction
TILT-UP CONCRETE
Total area
51,600 SF
Lot
4.48 ac (195,149 SF)
Zoning code
I
APN
02-19-205-006
UPID
US28-3410667
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$35.80M
CAP Approach
CAP
$41.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.80M
Owner & transaction history
since 2024
Last sale
$35.8M
4 recorded transactions
Zoning & alternative use
I · Bloomingdale, IL
Top alternative use upside
Apartment house (5+ units)
$48.7M
+731.2%
Commercial (general)
$30.9M
+428.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 18 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$35.80M
Value range
$32.22M – $39.38M
±10% around blend
Estimated value / SF
$694 / SF
Confidence
High
18 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$32.22M
blend $35.80M
$39.38M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
51,600 SF
Lot area
4.48 ac
Year built
2017
APN
02-19-205-006
Zoning
I
Assessed value
$1,290,110
Annual tax
$113,614
3
Income approach: direct capitalization
Partial preview
Income approach indication
$41.06M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$44.48M
@ 6.5% CAP return
$41.06M
@ 7% CAP return
$38.12M
4
Sales comparison
Partial preview
Sales approach indication
$4.86M
Weighted, 18 comps · high confidence
Evidence
18 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.3 mi away · 41,584 SF
9.8 mi away · 56,708 SF
9.9 mi away · 49,000 SF
16.8 mi away · 44,250 SF
16.9 mi away · 36,956 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$35.80M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 39 sales
$113
+512%
County 744 sales
$116
+496%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $694/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+731%
vs current-use indication
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 18 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$35.80M
Move the market yield to see immediate price impact.
Value / SF
$694
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.26M
$45.11M
$32.22M
$25.06M
$2.51M
$50.12M
$35.80M
$27.84M
$2.76M
$55.13M
$39.38M
$30.63M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
18 found
High confidence · county-verified
Closest comparable
$8.00M
4.6 mi · Dec 2025 · $141/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$113,614
Tax year 2023
Assessed value
$1,290,110
Assessed 2023
Previous assessed
$1,149,520
+12.2% YoY
Effective rate
8.81%
On assessed value
Assessed land
$365,400
Assessed improvement
$924,710
Land market value
$1,096,200
Improvement market value
$2,774,130
Total market value
$3,870,330
Applied tax rate
2,030.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
51,600 SF
Lot
4.48 ac (195,149 SF)
Zoning code
I
APN
02-19-205-006
UPID
US28-3410667
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Bloomingdale, ILZoning I · permitted uses
I · Bloomingdale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
4.48 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
Bloomingdale, IL
Recorded code
I
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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