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Property profile & analytics
OFF-MARKET
Estimated value
$35,630,000
Office buildings
4 Pkwy N Blvd, Deerfield, IL 60015-2502
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-0735326
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
BRICK
Lot
6.65 ac (289,674 SF)
APN
16-31-101-041
UPID
US28-0735326
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.63M
Owner & transaction history
Galaxy Il Wi LP · 3 yrs held
Galaxy Il Wi LP
since 2022
Last sale
$34.9M
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 Deerfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield 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
$37,090,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$35.63M
Range $32.07M – $39.19M · ±10% · vs last sale $34.90M (Sep 2 2022)
Last sale anchor
$34.90M
Sep 2 2022
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
$897,930
Tax year 2023
Assessed value
$10,175,837
Assessed 2023
Previous assessed
$9,482,103
+7.3% YoY
Effective rate
8.82%
On assessed value
Assessed land
$1,075,525
Assessed improvement
$9,100,312
Land market value
$3,226,898
Improvement market value
$27,303,666
Total market value
$30,530,564
Applied tax rate
17,004.0000
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
Year built
1998
Construction
BRICK
Heating
NONE
Lot
6.65 ac (289,674 SF)
APN
16-31-101-041
UPID
US28-0735326
Jurisdiction
LAKE
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI 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
1998
Construction
BRICK
Heating
NONE
Lot
6.65 ac
Current owner
From public records · entity-resolved
Galaxy Il Wi LP
Entity
Mailing address
700 DRESHER RD STE #150, HORSHAM, PA 19044-0138
Ownership since
2022
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
Sep 2, 2022
$34,898,000
Galaxy Il Wi LP
The Gc Net Lease Deerfield Investor
Special Warranty Deed
$736,000,000 · Jpmorgan Chase Bank NA
Jul 6, 2012
$40,900,000
Core Reit-four Parkway N Wells
Jbc Funds Parkway North LLC
Grant Deed
—
Jan 5, 2011
—
Jbc Funds Parkway North LLC
—
Deed Of Trust
related
$110,000,000 · Charter One
Jul 6, 2010
—
Jbc Funds Parkway North LLC
—
Deed Of Trust
related
$110,000,000 · Charter One
Jul 28, 2008
$168,000,000
Jbc Funds Parkway North LLC
Carr Office Park LLC
Grant Deed
$110,000,000 · Charter One
Aug 18, 2000
$79,247,500
Carr Office Park LLC
Carramerica Realty Corp
Grant Deed
related
—
—
—
Core Reit-four Parkway N Wells
—
Deed Of Trust
related
$300,000,000 · Regions Bank
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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