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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Industrial properties
365 Balm Ct, Wood Dale, IL 60191-1253
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-2172894
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,500 SF
Lot
0.98 ac (42,689 SF)
Zoning code
I
APN
03-10-212-025
UPID
US28-2172894
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
-
Krumwiede Home Pros Roofing Company General Contractor
-
Redo Cabinets Hardware & Home Improvement Kitchen & Bath Showroom
-
RMD Graphics Marketing & Advertising Advertising Agency
-
Division 10 Supplies Inc Kitchen & Bath Showroom Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.94M
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.73M
Owner & transaction history
365 Balm Court LLC · 5 yrs held
365 Balm Court LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
I · Wood Dale, 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 Wood Dale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wood Dale 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
$1,940,000
ML approach
$1,935,000
CAP Approach
CAP Return
Estimation
6%
$1,470,000
6.5%
$1,360,000
7%
$1,260,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,215,000
Current use
WAREHOUSE, STORAGE
$2,135,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.67M (Jun 15 2021)
Last sale anchor
$1.67M
Jun 15 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
$84 / 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
$31,278
Tax year 2023
Assessed value
$424,390
Assessed 2023
Previous assessed
$378,920
+12.0% YoY
Effective rate
7.37%
On assessed value
Assessed land
$141,650
Assessed improvement
$282,740
Land market value
$424,950
Improvement market value
$848,220
Total market value
$1,273,170
Applied tax rate
3,231.0000
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
20,500 SF
Lot
0.98 ac (42,689 SF)
Zoning code
I
APN
03-10-212-025
UPID
US28-2172894
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Wood Dale, IL
Zoning I · permitted uses
I · Wood Dale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wood Dale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.98 ac
Current owner
From public records · entity-resolved
365 Balm Court LLC
Entity
Mailing address
365 BALM CT, WOOD DALE, IL 60191-1253
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2021
—
365 Balm Court LLC
—
Deed
related
$679,000 · Small Business Growth Corporation
Jun 15, 2021
$1,670,000
365 Balm Court LLC
Novateur Enterprises LLC
Warranty Deed
$835,000 · Byline Bank
Jun 15, 2021
—
365 Balm Court LLC
—
Deed
related
$668,000 · Byline Bank
Aug 6, 2020
—
Novateur Ents LLC
—
Deed
related
$737,500 · Byline Bk
Jul 24, 2020
—
Novateur Ents LLC
—
Deed
related
$529,000 · Small Busn Growth
Nov 9, 2018
—
Novateur Ents LLC
—
Deed
related
$2,950,239 · First Bk
Oct 12, 2016
—
Novateur Ents LLC
—
Deed
related
$941,192 · First Bk
Dec 6, 2011
—
Novateur Ents LLC
Trust 9856
Grant Deed
$2,583,000 · Ridgestone Bank
Jun 29, 2001
—
Northern Trust Bank Ttee
Suburban Bank & Trust Co Ttee
Grant Deed
related
$1,193,000 · First Eagle National Bank
Jul 25, 2000
$750,000
Suburban Bank & Trust Co Ttee
Cardilli,norman L
Grant Deed
related
$1,296,000 · Suburban Bank & Trust Co
—
—
Novateur Ents LLC
—
Loan Modification
related
$2,950,239 · First Bk
—
—
Novateur Ents LLC
—
Deed Of Trust
related
$529,000 · Small Busn Growth
—
—
Novateur Ents LLC
—
Loan Modification
related
$941,192 · First Bk
—
—
Novateur Ents LLC
—
Loan Modification
related
$737,500 · Byline Bk
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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