New search
Property profile & analytics
OFF-MARKET
Office Spaces
4001 Mulford Rd, Loves Park, IL 61111-6949
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1461140
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Construction
WOOD
Total area
9,490 SF
Lot
1.05 ac (45,738 SF)
Zoning code
CR
APN
12-03-151-004
UPID
US28-1461140
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
-
Mulford Dental Group Ltd Dental Office
-
Dr. Vincent Zammuto, DDS Dental Office
-
Bray Kurt DDS Dental Office
-
Dr. Nicholas Cary, DDS Dental Office
-
Dr. Jon Szleszinski Dental Office
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
First Secure Bank & Trust Co Truste · 3 yrs held
First Secure Bank & Trust Co Truste
since 2022
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
CR · Loves Park, 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 Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park 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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,147
Tax year 2023
Assessed value
$360,042
Assessed 2023
Previous assessed
$321,811
+11.9% YoY
Effective rate
8.10%
On assessed value
Assessed land
$92,620
Assessed improvement
$267,422
Land market value
$277,860
Improvement market value
$802,266
Total market value
$1,080,126
Applied tax rate
8.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
9,490 SF
Lot
1.05 ac (45,738 SF)
Zoning code
CR
APN
12-03-151-004
UPID
US28-1461140
Jurisdiction
WINNEBAGO
Zoning & alternative use
CR · Loves Park, IL
Zoning CR · permitted uses
CR · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
First Secure Bank & Trust Co Truste
Trust
Mailing address
10360 S ROBERTS RD, PALOS HILLS, IL 60465-1930
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
$5,550,000
First Secure Bank & Trust Co Truste
Riverside Holdings LLC
Warranty Deed
$4,162,500 · First Security Bank
Dec 8, 2015
$2,756,250
Riverside Holdings LLC
Gold Mil Riverside Holdings II
Grant Deed
related
$2,160,000 · Alpine Bk&tr
Oct 15, 2012
—
Gold Mil Riverside Holdings II
Sheriff Of Winnebago County
Trustees Deed
related
—
Jul 13, 2012
$600,000
M I Marshall Bk
Sheriff Of Winnebago County
Trustees Deed
related
—
Feb 12, 2009
—
Riverside Centre INC
Riverside Business Centre INC
Quit Claim Deed
related
$964,000 · M & I Marshall & Isley Bank
Aug 27, 1998
—
Riverside Centre INC
Carlson,kurt L
Grant Deed
$2,632,000 · M & I Bank South
Dec 6, 1996
$288,000
Kshama B Patel
Carlson,kurt L
Grant Deed
$182,406 · Seller
—
—
Kurt L Carlson
—
Deed Of Trust
related
$150,000 · Amcore Bank NA Rockford
—
—
Riverside Business Centre INC
—
Deed Of Trust
related
$3,440,000 · M & I Marshall & Isley Bank
—
—
Riverside Business Centre INC
—
Deed Of Trust
related
$2,735,198 · M&i Marshall & Ilsley 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4001 Mulford Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
