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Property profile & analytics
OFF-MARKET
Industrial properties
389 Sola Dr Gilberts, IL 60136-9006
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US28-3163028
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.97 ac (42,253 SF)
APN
02-24-451-006
UPID
US28-3163028
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
-
Floor Tech Solutions Inc Construction Company General Contractor
-
Scurto Cement Construction Ltd Construction Company
-
Brigantine Construction Consultant Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sola Paragon · 9 yrs held
Sola Paragon
since 2017
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 Gilberts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilberts 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$5,810
Tax year 2022
Assessed value
$78,553
Assessed 2022
Previous assessed
$73,884
+6.3% YoY
Effective rate
7.40%
On assessed value
Assessed land
$78,553
Land market value
$235,659
Total market value
$235,659
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
Heating
NONE
Lot
0.97 ac (42,253 SF)
APN
02-24-451-006
UPID
US28-3163028
Jurisdiction
KANE
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
Heating
NONE
Lot
0.97 ac
Current owner
From public records · entity-resolved
Sola Paragon
Individual
Mailing address
389 SOLA DR, GILBERTS, IL 60136-9006
Ownership since
2017
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 23, 2020
—
Sola Paragon LLC
—
Deed
related
$1,936,075 · West Suburban Bk
May 2, 2017
$2,900,000
Sola Paragon
389 Sola Drive LLC
Warranty Deed
$2,100,000 · First Community Financial Bank
May 1, 2014
$2,100,000
389 Sola Drive LLC
Majority Investments LLC
Warranty Deed
—
Apr 15, 2009
—
Majority Investments LLC
—
Deed Of Trust
related
$3,450,000 · Midwest Bank & Trust Co
Jan 23, 2008
$523,000
Majority Investments LLC
Trust 8002346144
Grant Deed
$681,000 · Private Bank & Trust Co
May 11, 2006
$2,287,500
Chicago Title Land Trust Co
Ronald O Roeser
Deed
$2,287,349 · National Bank Of Commerce
—
—
389 Sola Drive LLC
—
Deed Of Trust
related
$1,787,500 · Hinsdale Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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