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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Office buildings
351 Main Pl 1 Carol Stream, IL 60188-2455
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US28-2722772
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.69 ac (30,056 SF)
Zoning code
V
APN
05-04-303-002
UPID
US28-2722772
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
-
Hafkey Business Solutions Advertising Agency Marketing & Advertising
-
Hancock International Corporation Freight Service Logistics Company
-
Loyal Insurance Illinois Insurance Agency
-
FedEx Drop Box Postal Service Courier Service
-
Mitch Medical Group Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
Leah Properties INC · 20 yrs held
Leah Properties INC
since 2005
6 recorded transactions
Zoning & alternative use
V · Carol Stream, IL
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 Carol Stream submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carol Stream 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
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$255k
Range $230k – $281k · ±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
—
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
$6,147
Tax year 2023
Assessed value
$84,650
Assessed 2023
Previous assessed
$103,290
-18.0% YoY
Effective rate
7.26%
On assessed value
Assessed land
$84,650
Land market value
$253,950
Total market value
$253,950
Applied tax rate
5,030.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
0.69 ac (30,056 SF)
Zoning code
V
APN
05-04-303-002
UPID
US28-2722772
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
V · Carol Stream, ILZoning V · permitted uses
V · Carol Stream, IL
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
0.69 ac
Current owner
From public records · entity-resolved
Leah Properties INC
Entity
Mailing address
351 S MAIN PL, CAROL STREAM, IL 60188-2455
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2023
—
Leah Properties INC
—
Deed
related
$500,000 · Wheaton Bank & Trust Company
Nov 19, 2010
—
Leah Properties INC
—
Deed Of Trust
related
$1,415,652 · Tyndale House Publishers INC
Nov 4, 2005
$1,834,000
Leah Properties INC
Tyndale House Publishers INC
Grant Deed
$1,548,448 · Tyndale House Publishers INC
—
—
Tyndale House Publishers INC
—
Loan Modification
related
$1,322,950 · Leah Properties INC
—
—
Tyndale House Publishers INC
—
Loan Modification
related
$373,806 · Leah Properties INC
—
—
Leah Properties INC
—
Deed Of Trust
related
$400,000 · Tyndale House Publishers INC
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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