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Property profile & analytics
OFF-MARKET
Estimated value
$14,380,000
Industrial properties
308 Division St, Harvard, IL 60033-3247
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-2778080
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Total area
292,500 SF
Lot
17.66 ac (769,270 SF)
APN
06-01-100-018
UPID
US28-2778080
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
$19.37M
Comparable Approach
Comparable
$15.43M
Blend (final)
Blend
$14.38M
Owner & transaction history
Stnl Ji Harvard LLC · 7 yrs held
Stnl Ji Harvard LLC
since 2019
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 Harvard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harvard 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,985,000
6.5%
$19,370,000
7%
$17,985,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$21,470,000
Current use
Blend value · Realmo final
$14.38M
Range $12.94M – $15.82M · ±10%
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
$49 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$92,707
Tax year 2022
Assessed value
$935,215
Assessed 2022
Previous assessed
$935,215
+0.0% YoY
Effective rate
9.91%
On assessed value
Assessed land
$484,497
Assessed improvement
$450,718
Land market value
$1,453,491
Improvement market value
$1,352,154
Total market value
$2,805,645
Applied tax rate
6,002.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1970
Heating
NONE
Stories
1
Total area
292,500 SF
Lot
17.66 ac (769,270 SF)
APN
06-01-100-018
UPID
US28-2778080
Jurisdiction
MCHENRY
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$21.5M
INDUSTRIAL (GENERAL) Current
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
1970
Heating
NONE
Stories
1
Lot
17.66 ac
Current owner
From public records · entity-resolved
Stnl Ji Harvard LLC
Entity
Mailing address
10275 W HIGGINS RD STE #810, ROSEMONT, IL 60018-5601
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2019
$26,569,500
Stnl Ji Harvard LLC
Harvard Division LLC
Special Warranty Deed
$100,000,000 · Goldman Sachs Bank USA
Jul 16, 2014
$15,000,000
Harvard Division LLC
Cjf1 LLC
Grant Deed
$50,000,000 · Bank Of America
Jul 13, 2011
—
Cjf1 LLC
—
Deed Of Trust
related
$64,000,000 · Ing USA Annunity & Life Ins Co
Jun 2, 2005
$27,800,000
Cjf1 LLC
Centerpoint Properties Trust
Special Warranty Deed
$20,300,000 · Jpmorgan Chase Bank NA
Mar 3, 2005
—
Hulina Richard E Trust
Harvard LLC
Quit Claim Deed
related
—
Jan 13, 2003
—
Hsa Commercial INC
Harvard LLC
Quit Claim Deed
related
—
Jan 13, 2003
$141,500
Romajo Partners LP
Hsa Commercial INC
Quit Claim Deed
related
—
Jan 13, 2003
$35,500
Remajo Partners LP
Smietana,robert E
Quit Claim Deed
related
—
Jan 13, 2003
$74,000
Romajo Partners LP
Pielet,tr
Quit Claim Deed
related
—
Apr 22, 2002
—
John E Shaffer
Vanzandt,j M
Quit Claim Deed
related
—
Apr 7, 1999
—
Harvard LLC
—
Deed Of Trust
related
$24,000,000 · Mony Mutual Life Ins Co
Dec 2, 1998
$21,200,000
Harvard LLC
Truserv Corp
Grant Deed
$23,500,000 · Us 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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