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Property profile & analytics
OFF-MARKET
Estimated value
$5,310,000
Super regional malls
4310 Elm St Mchenry, IL 60050-4003
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US28-0890959
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1971
Total area
55,773 SF
Lot
3.17 ac (138,085 SF)
APN
09-27-406-011
UPID
US28-0890959
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.31M
Owner & transaction history
4310-4400 Mc Henry Plaza LLC · 18 yrs held
4310-4400 Mc Henry Plaza LLC
since 2007
5 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 Mchenry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mchenry 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$6,700,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,385,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$6,140,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,710,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$4,740,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,665,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$4,250,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$5.31M
Range $4.78M – $5.84M · ±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
$95 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$76,785
Tax year 2022
Assessed value
$809,987
Assessed 2022
Previous assessed
$809,987
+0.0% YoY
Effective rate
9.48%
On assessed value
Assessed land
$301,310
Assessed improvement
$508,677
Land market value
$903,930
Improvement market value
$1,526,031
Total market value
$2,429,961
Applied tax rate
9,002.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
CENTRAL
Total area
55,773 SF
Lot
3.17 ac (138,085 SF)
APN
09-27-406-011
UPID
US28-0890959
Jurisdiction
MCHENRY
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
RESTAURANT
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$6.4M
OFFICE BUILDING
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.7M
WAREHOUSE, STORAGE
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
RETAIL STORES
Est. value
$4.3M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1971
Heating
CENTRAL
Cooling
Yes
Lot
3.17 ac
Current owner
From public records · entity-resolved
4310-4400 Mc Henry Plaza LLC
Entity
Mailing address
5277 TRILLIUM BLVD, HOFFMAN ESTATES, IL 60192-3602
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2017
—
4310-4400 Mchenry Plaza LLC
—
Grant Deed
related
$6,522,000 · Lakeside Bk
Jul 25, 2007
—
4310-4400 Mc Henry Plaza LLC
Parkway Bank & Trust Co
Deed
$7,100,000 · Prudential Mortgage Capital Co LLC
Dec 18, 2002
—
Parkway Bank & Trust Co Ttee
—
Deed Of Trust
related
$6,636,573 · Parkway Bank & Trust Co
Nov 27, 2001
—
Parkway Bank & Trust Co Ttee
—
Deed Of Trust
related
$6,315,925 · Parkway Bank & Trust Co
Jul 28, 2000
$3,290,000
Parkway Bank & Trust Co Ttee
Lasalle Bank NA Trustee
Grant Deed
related
$2,720,000 · Parkway Bank & Trust Co
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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