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Property profile & analytics
OFF-MARKET
Estimated value
$5,210,000
Motels
441 Algonquin Rd, Arlington Heights, IL 60005-4409
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-5806560
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Lot
2.25 ac (98,010 SF)
APN
08-16-200-107
UPID
US28-5806560
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
$5.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.21M
Owner & transaction history
Diya Alliance LLC · 5 yrs held
Diya Alliance LLC
since 2021
Last sale
$4.9M
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 Arlington Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington Heights 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
$5,535,000
ML approach
$5,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.21M
Range $4.69M – $5.73M · ±10% · vs last sale $4.85M (Jan 12 2021)
Last sale anchor
$4.85M
Jan 12 2021
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
—
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
$268,205
Tax year 2022
Assessed value
$1,086,647
Assessed 2022
Previous assessed
$1,128,280
-3.7% YoY
Effective rate
24.68%
On assessed value
Assessed land
$331,472
Assessed improvement
$755,175
Land market value
$1,325,888
Improvement market value
$3,020,700
Total market value
$4,346,588
Applied tax rate
16,017.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Heating
NONE
Lot
2.25 ac (98,010 SF)
APN
08-16-200-107
UPID
US28-5806560
Jurisdiction
COOK
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
1985
Heating
NONE
Lot
2.25 ac
Current owner
From public records · entity-resolved
Diya Alliance LLC
Entity
Mailing address
121 GRAND JCT BLVD, MESQUITE, TX 75149-3129
Ownership since
2021
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 6, 2023
—
Diya Alliance LLC
—
Deed
related
$1,068,000 · Grand Ridge National Bank
Jan 12, 2021
$4,850,000
Diya Alliance LLC
441 Arlington INC
Grant Deed
$4,446,000 · Grand Ridge Nat'l Bk
Feb 4, 2020
$5,150,000
441 Arlington INC
G6 Hospitality Property LLC
Special Warranty Deed
$3,094,000 · Hanmi Bank
Oct 18, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 11, 2017
—
G6 Hospitality Property LLC
—
Grant Deed
related
$2,010,000,000 · Jp Morgan Chase Bk
Sep 27, 2007
$20,000
Nh Arlington Heights Trust
Nh6 Lr IV Ltd
Grant Deed
—
Sep 27, 2007
$3,413,000
Motel 6 Operating
Nh Arlington Heights Trust
Grant Deed
—
Jun 10, 1998
$76,500
Nh6 Lr IV Ltd
Motel 6 Operating LP
Trustees Deed
—
Jun 10, 1998
$4,247,000
Nh Arlington Heights Trust
Motel 6 Operating LP
Grant Deed
$4,251,215 · First Union National 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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