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Property profile & analytics
FOR LEASE
Industrial properties
485 Mission St, Carol Stream, IL 60188
Entity Owned
~
Est. High Equity
Property ID
US28-2539282
For Lease
1 / 2
$6,410,000
485 Mission St, Carol Stream, IL 60188
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Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
TILT-UP CONCRETE
Total area
119,767 SF
Lot
5.86 ac (255,262 SF)
Zoning code
I
APN
02-28-102-038
UPID
US28-2539282
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
-
Middlewestbikes Auto Parts Store (Bike/Boat/Book/etc) Store
-
Power Gear Motorsports Auto Parts Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.41M
Owner & transaction history
485 489 Mission LLC
485 489 Mission LLC
since 2026
7 recorded transactions
Zoning & alternative use
I · Carol Stream, IL
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 Carol Stream submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carol Stream 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%
$8,595,000
6.5%
$7,930,000
7%
$7,365,000
Blend value · Realmo final
$6.41M
Range $5.77M – $7.05M · ±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
$54 / 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
$228,981
Tax year 2023
Assessed value
$2,562,740
Assessed 2023
Previous assessed
$1,959,990
+30.8% YoY
Effective rate
8.94%
On assessed value
Assessed land
$574,340
Assessed improvement
$1,988,400
Land market value
$1,723,020
Improvement market value
$5,965,200
Total market value
$7,688,220
Applied tax rate
2,046.0000
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
For Lease
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
119,767 SF
Lot
5.86 ac (255,262 SF)
Zoning code
I
APN
02-28-102-038
UPID
US28-2539282
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Carol Stream, IL
Zoning I · permitted uses
I · Carol Stream, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carol Stream. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
5.86 ac
Current owner
From public records · entity-resolved
485 489 Mission LLC
Entity
Mailing address
PO BOX 2980, CHICAGO, IL 60690-2980
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
$16,990,000
485 489 Mission LLC
Gpt 485 Mission Industrial Owner Ll
Special Warranty Deed
$70,000,000 · American General Life Insurance Co
Apr 15, 2022
—
Gpt 485 Mission Industrial Owner Ll
—
Deed
related
$3,520,000 · Morgan Stanley Bank NA
Oct 15, 2018
—
Gpt 485 Mission Industrial Owner Ll
—
Deed
related
$500,000,000 · Bank America Fsb
Dec 8, 2016
$8,576,000
485 Mission Industrial INC
Nico LLC
Grant Deed
$14,000,000 · Bank Of America
Dec 4, 1998
—
Nico LLC
Mission Venture LLC
Grant Deed
$46,308,052 · Jackson National Life Insuranc
—
—
Nico LLC
—
Loan Modification
related
$56,643,278 · Jackson National Life Ins Co
—
—
Nico LLC
—
Deed Of Trust
related
$34,015,531 · Lake Forest Bk&tr
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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