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Property profile & analytics
OFF-MARKET
Estimated value
$5,745,000
Industrial properties
51 Shr Dr Ste 1, Burr Ridge, IL 60527-5888
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0463220
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Total area
111,038 SF
Lot
3.44 ac (149,846 SF)
Zoning code
N
APN
09-35-205-001
UPID
US28-0463220
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
by Request
CAP Approach
CAP
$7.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.75M
Owner & transaction history
Randolph Properties LLC · 17 yrs held
Randolph Properties LLC
since 2009
5 recorded transactions
Zoning & alternative use
N · Burr Ridge, 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 Burr Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burr Ridge 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%
$7,965,000
6.5%
$7,355,000
7%
$6,830,000
Blend value · Realmo final
$5.75M
Range $5.17M – $6.32M · ±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
$52 / 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
$92,168
Tax year 2023
Assessed value
$1,789,320
Assessed 2023
Previous assessed
$1,656,780
+8.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$420,720
Assessed improvement
$1,368,600
Land market value
$1,262,160
Improvement market value
$4,105,800
Total market value
$5,367,960
Applied tax rate
9,257.0000
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
1970
Heating
NONE
Stories
1
Total area
111,038 SF
Lot
3.44 ac (149,846 SF)
Zoning code
N
APN
09-35-205-001
UPID
US28-0463220
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
N · Burr Ridge, IL
Zoning N · permitted uses
N · Burr Ridge, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burr Ridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Lot
3.44 ac
Current owner
From public records · entity-resolved
Randolph Properties LLC
Entity
Mailing address
250 LAKELAND DR, PALOS PARK, IL 60464-2540
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2014
—
Daniel R Randolph
—
Loan Modification
related
$44,050,000 · Jp Morgan Chase Bank NA
Sep 12, 2012
—
Personalizationmall Com INC
—
Deed Of Trust
related
$5,250,000 · J P Morgan Chase Bank
Sep 1, 2011
—
Personalizationmall Com INC
—
Deed Of Trust
related
$4,750,000 · J P Morgan Chase Bank
Jan 6, 2009
$6,250,000
Randolph Properties LLC
Trust 279
Grant Deed
$5,000,000 · Standard Bank & Trust
—
—
Randolph Properties LLC
—
Deed Of Trust
related
$2,000,000 · Standard Bank & Trust
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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