Back to Search
Property profile & analytics
FOR SALE
Retail space
33 W Higgins Rd South Barrington, IL 60010
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1385418
For Sale
1 / 6
$9,500,000
33 W Higgins Rd, South Barrington, IL 60010
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Lot
9.09 ac (395,960 SF)
APN
01-34-400-005
UPID
US28-1385418
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
-
DeBari Enterprises Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Rick Kleinvehn Diamond Brokers Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Lina Garcia, DDS, DMD Dental Office
-
Shandley Kane Dental Dental Office
-
American National Title Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.40M
Owner & transaction history
South Barrington Partners LLC · 1 yrs held
South Barrington Partners LLC
since 2024
Last sale
$4.4M
5 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 South Barrington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Barrington 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
$4,400,000
ML approach
$4,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±10% · vs last sale $4.40M (Nov 1 2024)
Last sale anchor
$4.40M
Nov 1 2024
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
—
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
$372,543
Tax year 2022
Assessed value
$1,520,000
Assessed 2022
Previous assessed
$1,513,342
+0.4% YoY
Effective rate
24.51%
On assessed value
Assessed land
$693,000
Assessed improvement
$827,000
Land market value
$2,772,000
Improvement market value
$3,308,000
Total market value
$6,080,000
Applied tax rate
10,106.0000
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 Sale
Year built
1982
Heating
NONE
Stories
1
Lot
9.09 ac (395,960 SF)
APN
01-34-400-005
UPID
US28-1385418
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
1982
Heating
NONE
Stories
1
Lot
9.09 ac
Current owner
From public records · entity-resolved
South Barrington Partners LLC
Entity
Mailing address
1801 N ML ST E STE E, NAPERVILLE, IL 60563-4869
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
$4,400,000
South Barrington Partners LLC
Hanover South Barrington LLC
Special Warranty Deed
$3,960,000 · Grand Ridge National Bank
Dec 28, 2017
—
Hanover South Barrington LLC
South Barrington Office Center
Quit Claim Deed
related
—
Aug 3, 2004
—
South Barrington Office Ctr Ll
Northwest Partners
Quit Claim Deed
related
$8,700,000 · Guardian Life Insurance Co
Oct 7, 1998
$2,900,000
South Barrington Office Center
American Nat'l Bk&tr Chgo Ttee
Grant Deed
$3,600,000 · Lasalle National Bank
—
—
Northwest Partners LP
—
Deed Of Trust
related
$355,000 · Citibank Fsb
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
