New search
Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Industrial properties
407 Plz Dr, Westmont, IL 60559-1233
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-0220384
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1974
Total area
8,544 SF
Lot
0.48 ac (20,909 SF)
Zoning code
N
APN
09-03-206-006
UPID
US28-0220384
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
-
Novo Surgical Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Westmont Commercial Holdings LLC · 6 yrs held
Westmont Commercial Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
N · Westmont, 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 Westmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westmont 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
$370,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$890,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$63 / 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
$11,778
Tax year 2023
Assessed value
$176,560
Assessed 2023
Previous assessed
$188,660
-6.4% YoY
Effective rate
6.67%
On assessed value
Assessed land
$58,910
Assessed improvement
$117,650
Land market value
$176,730
Improvement market value
$352,950
Total market value
$529,680
Applied tax rate
9,005.0000
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
1974
Heating
NONE
Stories
1
Total area
8,544 SF
Lot
0.48 ac (20,909 SF)
Zoning code
N
APN
09-03-206-006
UPID
US28-0220384
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
N · Westmont, IL
Zoning N · permitted uses
N · Westmont, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westmont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$890,000
WAREHOUSE, STORAGE
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
1974
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Westmont Commercial Holdings LLC
Entity
Mailing address
407 PLZ DR, WESTMONT, IL 60559-1233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
—
Westmont Commercial Holdings LLC
—
Deed
related
$511,000 · Somercor 504 INC
Dec 4, 2020
—
Westmont Commercial Holdings LLC
—
Deed
related
$485,000 · Byline Bank
Dec 3, 2020
—
Westmont Commercial Holdings LLC
—
Deed
related
$755,000 · Byline Bank
Apr 15, 2020
—
Westmont Coml Hldgs LLC
—
Deed
related
$516,544 · Byline Bk
Aug 2, 2019
$630,000
Westmont Commercial Holdings LLC
John D Powers
Special Warranty Deed
$668,000 · Byline Bank
Nov 6, 2015
—
Powers,john D Trust
Powers,john D
Quit Claim Deed
related
—
Dec 2, 2011
$400,000
John D Powers
American Bank & Trust Co NA
Grant Deed
—
Jul 27, 2011
—
American Bank & Trust Co NA
Sheriff Of Dupage County
Trustees Deed
related
—
May 4, 2007
—
Joseph F Decicco
—
Deed Of Trust
related
$1,750,000 · American Bank & Trust
Dec 9, 2003
—
Dorothy L Decicco
Decicco,tr
Quit Claim Deed
related
—
Nov 3, 2000
—
Joseph P Decicco
Comerica Bank Trustee
Grant Deed
related
—
—
—
Joseph Decicco
—
Deed Of Trust
related
$150,000 · Pi Ventures INC
—
—
Westmont Coml Hldgs LLC
—
Loan Modification
related
$516,544 · Byline Bk
—
—
Joseph F Decicco
—
Deed Of Trust
related
$245,000 · American Bank & Trust
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 407 Plz Dr?
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.
