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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Industrial properties
3940 Industrial Ave, Rolling Meadows, IL 60008-1024
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-0932505
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Lot
1.29 ac (56,192 SF)
APN
02-23-402-028
UPID
US28-0932505
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
-
Midwest Insert Composite Mold Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
Baps Real Estate Group LLC · 6 yrs held
Baps Real Estate Group LLC
since 2020
Last sale
$2.3M
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 Rolling Meadows submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolling Meadows 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
$1,855,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.30M (Feb 27 2020)
Last sale anchor
$2.30M
Feb 27 2020
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
$131,147
Tax year 2022
Assessed value
$431,438
Assessed 2022
Previous assessed
$365,625
+18.0% YoY
Effective rate
30.40%
On assessed value
Assessed land
$112,500
Assessed improvement
$318,938
Land market value
$450,000
Improvement market value
$1,275,752
Total market value
$1,725,752
Applied tax rate
29,016.0000
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
1965
Heating
NONE
Lot
1.29 ac (56,192 SF)
APN
02-23-402-028
UPID
US28-0932505
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
1965
Heating
NONE
Lot
1.29 ac
Current owner
From public records · entity-resolved
Baps Real Estate Group LLC
Entity
Mailing address
3940 INDUSTRIAL AVE, ROLLING MDWS, IL 60008-1024
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2020
—
Baps Real Estate Group LLC
—
Deed
related
$835,000 · Small Busn Growth
Mar 9, 2020
—
Baps Investors Group LLC
—
Deed
related
$810,000 · First Midwest Bank
Mar 3, 2020
—
Baps Real Estate Group LLC
—
Deed
related
$835,000 · Small Busn Growth
Feb 27, 2020
—
Baps Real Estate Group LLC
Baps Investor Group LLC
Quit Claim Deed
related
—
Dec 26, 2017
—
Baps Investors Group LLC
—
Deed
related
$299,038 · Tbk Bk Ssb
Aug 27, 2015
$2,300,000
Baps Investors Group LLC
Trust 2894
Grant Deed
$1,725,000 · Triumph Cmnty Bk NA
Jan 12, 2004
—
Mid City National Bank Trustee
—
Deed Of Trust
related
$1,750,000 · Old Second National Bank
Jul 16, 2001
—
Mid City National Bank Trustee
Republic Bank Chicago Trustee
Grant Deed
related
—
Jun 27, 2001
—
Mid City National Bank Ttee
Republic Bank Chicago Ttee
Grant Deed
related
—
—
—
Richard S Witek
—
Deed Of Trust
related
$350,000 · Mid City Bank
—
—
Richard S Witek
—
Deed Of Trust
related
$1,000,000 · Mid City Bank
—
—
Republic Bank Chicago Trustee
—
Deed Of Trust
related
$550,000 · Mid City National Bank Chicago
—
—
Mid City National Bank Trustee
—
Deed Of Trust
related
$2,440,000 · Zions First National Bank
—
—
Baps Investors Group LLC
—
Deed Of Trust
related
$810,000 · First Midwest Bk
—
—
Mid City Natl Bank Chgo Ttee
—
Deed Of Trust
related
$500,000 · Mid City National Bank Chicago
—
—
Mid City Natl Bk Chgo Trust
—
Deed Of Trust
related
$650,000 · Mid City National Bank Chicago
—
—
Baps Investors Group LLC
—
Loan Modification
related
$299,038 · Tbk Bk Ssb
—
—
Baps Real Estate Group LLC
—
Deed Of Trust
related
$835,000 · Small Busn Growth
—
—
Baps Real Estate Group LLC
—
Deed Of Trust
related
$835,000 · Small Busn Growth
—
—
Baps Investors Group LLC
—
Deed Of Trust
related
$810,000 · First Midwest 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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