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Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Warehouses
460 Industrial Dr, Naperville, IL 60563-3934
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1570646
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
26,297 SF
Lot
1.04 ac (45,302 SF)
Zoning code
V
APN
07-16-203-011
UPID
US28-1570646
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
-
Illinois Basketball Academy Gym & Fitness Center Sports Field & Court
-
630 Volleyball Nightclub Music Venue
-
Jewel Grocery & Convenience Store Food Market
-
Windy City Futsal Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.96M
Blend (final)
Blend
$3.19M
Owner & transaction history
460 Lacrosse LLC · 1 yrs held
460 Lacrosse LLC
since 2024
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
V · Naperville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.7M
+86.5%
Commercial (general)
$4.2M
+69.0%
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 Naperville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naperville 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
$3,185,000
ML approach
$3,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,500,000
Current use
OFFICE BUILDING
$4,665,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,230,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±10% · vs last sale $3.18M (Jul 29 2024)
Last sale anchor
$3.18M
Jul 29 2024
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
$121 / 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
$47,820
Tax year 2023
Assessed value
$715,200
Assessed 2023
Previous assessed
$644,470
+11.0% YoY
Effective rate
6.69%
On assessed value
Assessed land
$61,310
Assessed improvement
$653,890
Land market value
$183,930
Improvement market value
$1,961,670
Total market value
$2,145,600
Applied tax rate
7,030.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Total area
26,297 SF
Lot
1.04 ac (45,302 SF)
Zoning code
V
APN
07-16-203-011
UPID
US28-1570646
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
V · Naperville, IL
Zoning V · permitted uses
V · Naperville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naperville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
OFFICE BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2002
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
460 Lacrosse LLC
Entity
Mailing address
833 N CHURCH RD, ELMHURST, IL 60126-1005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
$3,184,000
460 Lacrosse LLC
8650 Ventures LLC
Warranty Deed
$2,528,000 · Baxter Cu
May 12, 2023
—
8650 Ventures LLC
—
Deed
related
$500,000 · Millennium Bank
Sep 24, 2021
—
8650 Ventures LLC
—
Deed
related
$3,100,000 · Chicago Atlantic Loan Services LLC
Jan 4, 2019
$1,200,000
8650 Ventures LLC
Trust Number 2330
Grant Deed
$2,576,000 · Bank & Tr
Dec 31, 2003
—
Nlsb Bank Trustee
—
Deed Of Trust
related
$1,820,233 · Nlsb Bank
Oct 15, 2001
—
Nlsb Trustee
—
Grant Deed
related
$1,500,000 · Nlsb Bank
Mar 24, 1999
—
Nlsb Bank Trustee
Harris Bank Naperville Ttee
Quit Claim Deed
related
$375,000 · Nlsb Naperville Bank
—
—
Trust 2330
—
Deed Of Trust
related
$325,000 · Mutual Federal Bank
—
—
Nlsb Trustee
—
Deed Of Trust
related
$230,000 · Nlsb Bank
—
—
Nlsb Trustee
—
Deed Of Trust
related
$25,944 · Nlsb 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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