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Property profile & analytics
OFF-MARKET
Industrial properties
2850 168th, Markham, IL
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-2480739
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1.82 ac (79,279 SF)
APN
28-25-107-043
UPID
US28-2480739
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bridges Excavating INC · 10 yrs held
Bridges Excavating INC
since 2015
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 Markham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Markham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$55,907
Tax year 2022
Assessed value
$68,454
Assessed 2022
Previous assessed
$68,454
+0.0% YoY
Effective rate
81.67%
On assessed value
Assessed land
$49,521
Assessed improvement
$18,933
Land market value
$198,084
Improvement market value
$75,732
Total market value
$273,816
Applied tax rate
13,043.0000
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
Heating
NONE
Lot
1.82 ac (79,279 SF)
APN
28-25-107-043
UPID
US28-2480739
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
Heating
NONE
Lot
1.82 ac
Current owner
From public records · entity-resolved
Bridges Excavating INC
Entity
Mailing address
15347 CICERO AVE, OAK FOREST, IL 60452-2553
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Bridges Excavating INC
—
Deed
related
$269,794 · Covantage Cu
Dec 12, 2019
—
Bridges Excavating INC
—
Grant Deed
related
$2,860,000 · Byline Bk
Mar 22, 2018
—
Lmrk Propco LLC
—
Grant Deed
related
$6,423,019 · Wilmington Tr
Dec 7, 2015
$430,000
Bridges Excavating INC
Lucky Dev LLC
Grant Deed
$275,000 · Private Individual
Feb 23, 2015
—
Lucky Dev LLC
—
Grant Deed
related
$3,000,000 · First American Bk
Sep 5, 2014
—
Lucky Dev LLC
—
Loan Modification
related
$16,000,000 · First American Bk
Feb 19, 2013
—
Ld Acquisition Co 9 LLC
—
Deed Of Trust
related
$45,000,000 · Bank Of America
Jul 14, 2011
—
Lucky Dev LLC
—
Grant Deed
related
$4,000,000 · First American Bank
Jun 7, 2001
—
Lucky Development LLC
—
Deed Of Trust
related
$2,750,000 · First American Savings Bank
Mar 14, 2000
—
Lucky Development LLC
—
Deed Of Trust
related
$2,250,000 · First American Savings Bank
Aug 21, 1998
—
Lucky Development LLC
—
Deed Of Trust
related
$1,500,000 · First American Savings Bank
Aug 20, 1998
$500,000
Lucky Development LLC
Hill Concrete Products INC
Trustees Deed
—
—
—
Lucky Development LLC
—
Deed Of Trust
related
$900,000 · First American Savings Bank
—
—
First American Bank Trustee
—
Deed Of Trust
related
$200,000 · First American Savings 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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