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Property profile & analytics
OFF-MARKET
Estimated value
$20,205,000
Industrial properties
425 Xing Drb, University Park, IL 60484-4133
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-5704836
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Total area
455,870 SF
Lot
23.32 ac (1,015,819 SF)
APN
21-14-09-201-016
UPID
US28-5704836
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
-
Akers Packaging Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.21M
Owner & transaction history
University Park Dg LLC · 4 yrs held
University Park Dg LLC
since 2022
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 University Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs University 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
$44 / 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
$741,999
Tax year 2023
Assessed value
$5,456,720
Assessed 2023
Previous assessed
$5,456,720
+0.0% YoY
Effective rate
13.60%
On assessed value
Assessed land
$397,312
Assessed improvement
$5,059,408
Land market value
$1,191,936
Improvement market value
$15,178,224
Total market value
$16,370,160
Applied tax rate
2,128.0000
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
2006
Heating
NONE
Stories
1
Total area
455,870 SF
Lot
23.32 ac (1,015,819 SF)
APN
21-14-09-201-016
UPID
US28-5704836
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
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
23.32 ac
Current owner
From public records · entity-resolved
University Park Dg LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
Colfin 2019-2h Industrial Owne
—
Deed
related
$1,860,000,000 · Citibank Nys
May 16, 2022
$207,000
University Park Dg LLC
Parkways Foodmart INC
Special Warranty Deed
$1,585,000 · German-american State Bank
Feb 9, 2022
—
Colfin 2019 2h Industrial Owner LLC
—
Deed
related
$263,000,000 · Morgan Stanley Bank NA
Dec 17, 2019
—
Colfin 2019-2h Indl Owner LLC
—
Grant Deed
related
—
Dec 13, 2019
$22,146,536
Brep 9 Industrial Parent 1 LLC
Colony Industrial Fund Jv LP
Grant Deed
—
Mar 5, 2019
$23,500
Colfin 2019-2h Indl Owner LLC
Dpif Il 3 University Park LLC
Grant Deed
—
Nov 22, 2016
—
Dpif Il 3 University Park LLC
—
Deed
related
$13,618,000 · Associated Bank NA
Sep 20, 2016
$22,400,000
Dpif Il 3 University Park LLC
University Crossing LLC
Grant Deed
—
Jan 18, 2007
$15,475,000
University Crossing LLC
Tcb University Crossings I LLC
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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