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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Industrial properties
40 Detroit St, Cary, IL 60013-6605
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-5398782
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Total area
11,852 SF
Lot
0.6 ac (26,310 SF)
APN
20-18-351-026
UPID
US28-5398782
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
$785k
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$735k
Owner & transaction history
D & S Properties LLC · 2 yrs held
D & S Properties LLC
since 2024
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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
by Request
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$870,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$62 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,869
Tax year 2022
Assessed value
$167,987
Assessed 2022
Previous assessed
$167,987
+0.0% YoY
Effective rate
4.68%
On assessed value
Assessed land
$55,816
Assessed improvement
$112,171
Land market value
$167,448
Improvement market value
$336,513
Total market value
$503,961
Applied tax rate
20,007.0000
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
2008
Heating
NONE
Stories
1
Total area
11,852 SF
Lot
0.6 ac (26,310 SF)
APN
20-18-351-026
UPID
US28-5398782
Jurisdiction
MCHENRY
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$870,000
INDUSTRIAL (GENERAL) Current
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
2008
Heating
NONE
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
D & S Properties LLC
Entity
Mailing address
40 DETROIT ST, CARY, IL 60013-6605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$310,000
D & S Properties LLC
Jb Assets LLC
Warranty Deed
—
Aug 17, 2023
—
D & S Properties Group LLC
Jb Assests LLC
Warranty Deed
$312,500 · Jpmorgan Chase Bank NA
Aug 16, 2023
$625,000
D & S Properties Group LLC
Jb Assests LLC
Warranty Deed
—
Feb 3, 2021
—
Stanley J Helmer
Julie M Helmer
Intrafamily Transfer
related
—
Sep 5, 2019
—
Jb Assets LLC
—
Grant Deed
related
$1,001,849 · Home St Bk
Feb 28, 2019
—
Jb Assets LLC
—
Trustees Deed
related
$140,000 · Home St Bk
Aug 23, 2017
$800,000
Jb Assets LLC
G A LLC
Warranty Deed
$870,000 · Home State Bank NA
May 12, 2009
—
G & A LLC
—
Trustees Deed
related
$50,000 · Home State Bank
Nov 21, 2008
$900,000
G & A LLC
Helmer,stanley J & Julie M
Warranty Deed
$300,000 · Home State Bank
Mar 3, 2008
—
Stanley J Helmer
Helmer,stanley J & Julie M
Quit Claim Deed
related
—
Jul 21, 2004
$183,500
Stanley J Helmer
Trust 1703
Grant Deed
—
—
—
G & A LLC
—
Loan Modification
related
$408,871 · Home State Bank
—
—
G & A LLC
—
Deed Of Trust
related
$342,334 · Home State 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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