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Property profile & analytics
FOR LEASE
Retail space
3005 Tollview Dr Rolling Meadows, IL 60008
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US28-5540763
For Lease
1 / 72
$14 SF/Yr
3005 Tollview Dr, Rolling Meadows, IL 60008
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Lot
1.7 ac (74,052 SF)
APN
08-08-302-003
UPID
US28-5540763
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
-
Commercial Law League of America Law Firm
-
NACM Connect Association / Organization Financial Planner
-
NACM Midwest Business Staffing Employment Agency
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
Tollview Connect LLC · 15 yrs held
Tollview Connect LLC
since 2011
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 Rolling Meadows submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolling Meadows 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
$76,987
Tax year 2022
Assessed value
$263,478
Assessed 2022
Previous assessed
$276,181
-4.6% YoY
Effective rate
29.22%
On assessed value
Assessed land
$157,322
Assessed improvement
$106,156
Land market value
$629,288
Improvement market value
$424,624
Total market value
$1,053,912
Applied tax rate
16,053.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1967
Heating
NONE
Stories
1
Lot
1.7 ac (74,052 SF)
APN
08-08-302-003
UPID
US28-5540763
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
1967
Heating
NONE
Stories
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Tollview Connect LLC
Entity
Mailing address
3005 TOLLVIEW DR, ROLLING MDWS, IL 60008-3726
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Feb 7, 2012
—
Tollview Connect LLC
—
Trustees Deed
related
$300,000 · Northbrook Bank & Trust Co
Mar 2, 2011
—
Tollview Connect LLC
Kelva E Rais Family LP
Grant Deed
$1,240,000 · First Chicago Bank & Trust
Sep 24, 2010
$1,369
Tic Tollview LLC
1031 Tollview LLC
Grant Deed
related
—
Feb 1, 2008
$10
Steven J Levan
Levan,steven J
Quit Claim Deed
related
—
Nov 28, 2007
$180,000
Steve Levan
Oliker Family Tic
Warranty Deed
—
Jul 13, 2007
—
Oliker Family Tic
Oliker Family Trust
Quit Claim Deed
related
—
May 9, 2005
$126,000
Richard A Anderson
For 1031 Tollview LLC
Grant Deed
—
Apr 11, 2005
$500,000
Rabe Ranch Co
1031 Tollview LLC
Grant Deed
—
Apr 11, 2005
$2,150,000
Kelva E Rais Family
1031 Tollview LLC
Grant Deed
—
Aug 23, 2000
—
Rolling Meadows Associates LLC
Foxon Woods Associates LLC
Grant Deed
related
—
Nov 10, 1998
$307,001
Foxon Woods Associates LLC
Rolling Meadows Associates LLC
Grant Deed
—
—
—
Tollview Connect LLC
—
Deed Of Trust
related
$1,307,386 · Privatebank & Trust
—
—
Rolling Meadows Associates LLC
—
Deed Of Trust
related
$2,750,000 · Ubs Principal Finance LLC
—
—
Rolling Meadows Associates LLC
—
Deed Of Trust
related
$560,000 · American Nat'l Bk & Tr Chicago
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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