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Property profile & analytics
OFF-MARKET
Estimated value
$10,530,000
Industrial properties
320 Industrial Dr, West Chicago, IL 60185-1817
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5720014
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Total area
126,720 SF
Lot
5.84 ac (254,347 SF)
Zoning code
C
APN
04-05-304-005
UPID
US28-5720014
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
-
Leslie's (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.64M
CAP Approach
CAP
$8.39M
Comparable Approach
Comparable
$9.35M
Blend (final)
Blend
$10.53M
Owner & transaction history
Clemenceau Logistics Assets LLC · 4 yrs held
Clemenceau Logistics Assets LLC
since 2021
Last sale
$12.1M
7 recorded transactions
Zoning & alternative use
C · West Chicago, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$13.2M
+18.5%
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 West Chicago submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chicago 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
$14,080,000
ML approach
$10,635,000
CAP Approach
CAP Return
Estimation
6%
$9,090,000
6.5%
$8,390,000
7%
$7,795,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,135,000
Current use
WAREHOUSE, STORAGE
$13,200,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$10.53M
Range $9.48M – $11.58M · ±10% · vs last sale $12.13M (Oct 12 2021)
Last sale anchor
$12.13M
Oct 12 2021
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
$83 / 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
$207,115
Tax year 2023
Assessed value
$2,232,970
Assessed 2023
Previous assessed
$1,648,300
+35.5% YoY
Effective rate
9.28%
On assessed value
Assessed land
$254,300
Assessed improvement
$1,978,670
Land market value
$762,900
Improvement market value
$5,936,010
Total market value
$6,698,910
Applied tax rate
4,011.0000
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
Year built
1990
Heating
NONE
Total area
126,720 SF
Lot
5.84 ac (254,347 SF)
Zoning code
C
APN
04-05-304-005
UPID
US28-5720014
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · West Chicago, IL
Zoning C · permitted uses
C · West Chicago, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chicago. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$11.1M
WAREHOUSE, STORAGE
Est. value
$13.2M
INDUSTRIAL (GENERAL) Current
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
1990
Heating
NONE
Lot
5.84 ac
Current owner
From public records · entity-resolved
Clemenceau Logistics Assets LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5 BRYANT PARK28FL, NEW YORK, NY 10018-1878
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
—
Clemenceau Logistics Assets LLC
—
Deed
related
$211,000,000 · Societe Generale Financial Corp
Oct 12, 2021
$12,130,500
Clemenceau Logistics Assets LLC
Colfin Cobalt I II Owner LLC
Special Warranty Deed
—
Dec 16, 2019
—
Colfin Cobalt I II Owner LLC
—
Deed
related
$680,000,000 · Citi Real Estate Funding INC
Dec 30, 2014
$8,400,000
Colfin Cobalt I-ii Owner LLC
Cobalt Industrial Reit II
Grant Deed
$1,132,750,000 · General Elec Cap
Feb 20, 2007
$6,200,000
Cobalt Industrial Reit II
Wsi 320 Industrial IV LLC
Grant Deed
—
Feb 23, 2005
$5,350,000
Wsi 320 Industrial IV LLC
Wc West Chicago Assocs
Grant Deed
—
Sep 21, 1998
—
Wc West Chicago Associates LP
Wc Fields LP
Grant Deed
related
—
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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