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Property profile & analytics
OFF-MARKET
Industrial properties
5024 Torque Rd Loves Park, IL 61111-7164
Trust Owned
3-yr Hold
Free & Clear
Property ID
US28-2325191
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1992
Total area
6,200 SF
Lot
0.5 ac (21,629 SF)
Zoning code
IG GENERAL INDUSTRIAL
APN
08-21-301-003
UPID
US28-2325191
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
-
Troy Lee Excavating Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lee Trust · 3 yrs held
Lee Trust
since 2022
3 recorded transactions
Zoning & alternative use
IG GENERAL INDUSTRIAL · Loves Park, 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 Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,931
Tax year 2023
Assessed value
$77,345
Assessed 2023
Previous assessed
$70,545
+9.6% YoY
Effective rate
8.96%
On assessed value
Assessed land
$10,283
Assessed improvement
$67,062
Land market value
$30,849
Improvement market value
$201,186
Total market value
$232,035
Applied tax rate
445.0000
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
1992
Heating
GAS
Stories
1
Total area
6,200 SF
Lot
0.5 ac (21,629 SF)
Zoning code
IG GENERAL INDUSTRIAL
APN
08-21-301-003
UPID
US28-2325191
Jurisdiction
WINNEBAGO
Zoning & alternative use
IG GENERAL INDUSTRIAL · Loves Park, IL
Zoning IG GENERAL INDUSTRIAL · permitted uses
IG GENERAL INDUSTRIAL · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
GAS
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Lee Trust
Trust
Free & Clear · 3 yrs held
Mailing address
ROSCOE, IL 61073
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
—
Lee Trust
Troy W Lee
Deed
—
Jun 29, 2005
$169,000
Troy W Lee
Donald D Elmore
Warranty Deed
$168,750 · Alpine Bank Of Illinois
—
—
Troy W Lee
—
Deed Of Trust
related
$200,000 · Northwest Bank Rockford
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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