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Property profile & analytics
OFF-MARKET
Estimated value
$25,885,000
Industrial properties
4101 Olympic Blvd, Joliet, IL 60431-7943
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2698028
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
333,078 SF
Lot
17.15 ac (747,054 SF)
APN
05-06-22-401-014
UPID
US28-2698028
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
-
Dot Foods Inc Distribution Center Logistics Company
-
WEL Companies Storage Facility Warehouse & Storage
-
Ecolab Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.27M
Blend (final)
Blend
$25.89M
Owner & transaction history
Exeter 4101 Olympic LLC · 2 yrs held
Exeter 4101 Olympic LLC
since 2023
Last sale
$25.5M
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 Joliet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Joliet 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
$29,505,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$33,425,000
Current use
Blend value · Realmo final
$25.89M
Range $23.30M – $28.47M · ±10% · vs last sale $25.50M (Sep 8 2023)
Last sale anchor
$25.50M
Sep 8 2023
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
$78 / 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
$454,739
Tax year 2023
Assessed value
$5,035,760
Assessed 2023
Previous assessed
$5,035,760
+0.0% YoY
Effective rate
9.03%
On assessed value
Assessed land
$761,818
Assessed improvement
$4,273,942
Land market value
$2,285,454
Improvement market value
$12,821,826
Total market value
$15,107,280
Applied tax rate
522.0000
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
Heating
NONE
Total area
333,078 SF
Lot
17.15 ac (747,054 SF)
APN
05-06-22-401-014
UPID
US28-2698028
Jurisdiction
WILL
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
$33.4M
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
Heating
NONE
Lot
17.15 ac
Current owner
From public records · entity-resolved
Exeter 4101 Olympic LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1197 W PEACHTREE ST NE STE #600, ATLANTA, GA 30361-3577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 8, 2023
$25,500,000
Exeter 4101 Olympic LLC
Rock Run Ix LLC
Special Warranty Deed
—
Jul 21, 2023
—
The City Of Joliet Lllinois
Rock Run Ix LLC
Correction Deed
related
—
Dec 20, 2022
—
The City Of Joliet
Rock Run Ix LLC
Special Warranty Deed
—
Mar 30, 2017
—
Rock Run Ix LLC
—
Grant Deed
related
$375,000,000 · Miscellaneous Ins Co
Feb 8, 2012
—
Rock Run Ix LLC
Industrial Developments Internation
Special Warranty Deed
$16,900,000 · Wells Fargo Bank NA
—
—
Rock Run Ix LLC
—
Deed Of Trust
related
$99,800,000 · Wells Fargo Bank
—
—
Industrial Devs Intl INC
—
Deed Of Trust
related
$11,800,000 · 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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