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Property profile & analytics
OFF-MARKET
Estimated value
$2,595,000
Industrial properties
405-21 111th St, Willowbrook, IL 60527
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2500807
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Total area
45,609 SF
Lot
1.53 ac (66,647 SF)
Zoning code
C
APN
09-25-303-004
UPID
US28-2500807
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
$3.02M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$2.60M
Owner & transaction history
Sbc Heathrow Court LP · 1 yrs held
Sbc Heathrow Court LP
since 2025
7 recorded transactions
Zoning & alternative use
C · Willowbrook, 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 Willowbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willowbrook 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%
$3,270,000
6.5%
$3,020,000
7%
$2,805,000
Blend value · Realmo final
$2.60M
Range $2.34M – $2.85M · ±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
$57 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$52,574
Tax year 2023
Assessed value
$990,250
Assessed 2023
Previous assessed
$916,900
+8.0% YoY
Effective rate
5.31%
On assessed value
Assessed land
$199,230
Assessed improvement
$791,020
Land market value
$597,690
Improvement market value
$2,373,060
Total market value
$2,970,750
Applied tax rate
9,313.0000
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
1979
Heating
NONE
Stories
1
Total area
45,609 SF
Lot
1.53 ac (66,647 SF)
Zoning code
C
APN
09-25-303-004
UPID
US28-2500807
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Willowbrook, IL
Zoning C · permitted uses
C · Willowbrook, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willowbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
Sbc Heathrow Court LP
Entity
Free & Clear · 1 yrs held
Mailing address
1 OAKBROOK TER STE #400, OAKBROOK TERRACE, IL 60181-4449
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
$3,267,500
Sbc Heathrow Court LP
Up Heathrow LLC
Special Warranty Deed
—
Aug 23, 2023
—
Up Thatcher LLC
—
Deed
related
$30,208,100 · Voya Investment Management LLC
Feb 4, 2022
$10,700,000
Up Heathrow LLC
Chicago Industrial LLC
Special Warranty Deed
$8,050,265 · East West Bank
Jul 28, 2021
—
Chicago Industrial LLC
—
Deed
related
$4,700,000 · The Leaders Bank
Jun 18, 2019
—
Chicago Industrial LLC
—
Grant Deed
related
$1,324,000 · Leaders Bk
Sep 7, 2007
$6,500,000
Chicago Industrial LLC
Trust 5235
Grant Deed
$4,700,000 · Leaders Bank
Mar 29, 2004
—
Founders Bank Trustee
—
Deed Of Trust
related
$2,700,000 · Founders Bank
Oct 15, 1997
—
Worth Bank & Trust Trustee
—
Deed Of Trust
related
$2,900,000 · Worth Bank & Trust
—
—
Chicago Industrial LLC
—
Deed Of Trust
related
$27,194 · Leaders 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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