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Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Industrial properties
4501 Prime Pkwy, Mchenry, IL 60050-7000
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-2681787
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Total area
50,291 SF
Lot
3.74 ac (162,914 SF)
APN
14-10-253-014
UPID
US28-2681787
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
$3.65M
CAP Approach
CAP
$3.33M
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$3.36M
Owner & transaction history
Lifes Abuilding LLC · 5 yrs held
Lifes Abuilding LLC
since 2021
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.2M
+7.8%
Commercial (general)
$4.1M
+5.3%
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
$3,700,000
ML approach
$3,650,000
CAP Approach
CAP Return
Estimation
6%
$3,610,000
6.5%
$3,330,000
7%
$3,095,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,930,000
Current use
WAREHOUSE, STORAGE
$4,235,000
Change: +8% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,135,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10% · vs last sale $3.06M (Apr 20 2021)
Last sale anchor
$3.06M
Apr 20 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
$67 / 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
$89,532
Tax year 2022
Assessed value
$930,512
Assessed 2022
Previous assessed
$930,512
+0.0% YoY
Effective rate
9.62%
On assessed value
Assessed land
$170,626
Assessed improvement
$759,886
Land market value
$511,878
Improvement market value
$2,279,658
Total market value
$2,791,536
Applied tax rate
14,013.0000
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
1997
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
50,291 SF
Lot
3.74 ac (162,914 SF)
APN
14-10-253-014
UPID
US28-2681787
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1997
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.74 ac
Current owner
From public records · entity-resolved
Lifes Abuilding LLC
Entity
Mailing address
101 CAPITAL ST, JUPITER, FL 33458-6059
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 20, 2021
$3,058,000
Lifes Abuilding LLC
Prime Parkway Development LLC
Special Warranty Deed
$2,446,095 · Regions Bank
Dec 28, 2020
—
Prime Parkway Dev LLC
—
Deed
related
$2,159,300 · Byline Bk
Nov 14, 2019
—
Prime Parkway Dev LLC
—
Deed
related
$1,889,500 · Byline Bk
Oct 13, 2016
—
Prime Parkway Dev LLC
—
Deed
related
$2,215,000 · First Bk
—
—
Prime Parkway Dev LLC
—
Deed Of Trust
related
$1,600,000 · Imagetec INC
—
—
Prime Parkway Dev LLC
—
Loan Modification
related
$1,889,500 · Byline Bk
—
—
Prime Parkway Dev LLC
—
Loan Modification
related
$2,215,000 · First Bk
—
—
Prime Parkway Dev LLC
—
Loan Modification
related
$2,215,000 · First Bk
—
—
Prime Parkway Dev LLC
—
Loan Modification
related
$2,159,300 · Byline Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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