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5105 Tollview Dr, Rolling Meadows, IL 60008
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Property summary
AI-generated overview
5105 Tollview Drive offers 8,905 square feet of immediately available office space in a two-story building totaling 47,000 square feet. Located in the northwest suburbs of Chicago, in Rolling Meadows, Illinois (zip code 60008), this Cook County property enjoys a highly convenient location. The building features a mix of executive and traditional office spaces, perfect for small businesses or individual users, with units ranging from a minimum of 736 square feet to a maximum contiguous space of 2,469 square feet. Multiple tenancy options are available. Amenities include a shared conference room and a tenant vending area. The building's strategic location offers easy access to major transportation arteries, including the I-90/Illinois Route 53 interchange, placing it within minutes of the Woodfield Mall's extensive shopping and dining options. Furthermore, its adjacency to the Aloft Chicago Hotel and Holiday Inn Express provides added convenience for clients and employees. This property presents a compelling opportunity for businesses seeking a well-appointed and accessible office space in a thriving suburban location. The address is 5105 Tollview Drive, Rolling Meadows, IL.
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1967
Total area
38,792 SF
Lot
2.07 ac (90,169 SF)
APN
08-07-205-005
UPID
US28-0979119
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tech Support Center (Bike/Boat/Book/etc) Store
-
Training Center
-
Church
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Vocational School Training Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.13M
Blend (final)
Blend
$875k
Owner & transaction history
since 2011
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Apartment house (5+ units)
$6.4M
+11.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$875k
Value range
$788k – $963k
±10% around blend
Estimated value / SF
$23 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
30
Income certainty
100
$788k
blend $875k
$963k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
38,792 SF
Lot area
2.07 ac
Year built
1967
Stories
2
APN
08-07-205-005
Assessed value
$558,768
Annual tax
$163,269
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$163,269
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$11.46M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
23.2 mi away · 28,100 SF
26.0 mi away · 34,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$875k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 2350 sales
$149
-85%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $23/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+11%
vs current-use indication
Retail Stores · current use
Office Building
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$9.26M
Move the market yield to see immediate price impact.
Value / SF
$239
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$583k
$11.66M
$8.33M
$6.48M
$648k
$12.96M
$9.26M
$7.20M
$713k
$14.26M
$10.18M
$7.92M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.80M
21.5 mi · Nov 2025 · $99/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$163,269
Tax year 2022
Assessed value
$558,768
Assessed 2022
Previous assessed
$503,191
+11.0% YoY
Effective rate
29.22%
On assessed value
Assessed land
$337,320
Assessed improvement
$221,448
Land market value
$1,349,280
Improvement market value
$885,792
Total market value
$2,235,072
Applied tax rate
16,053.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Status
For Lease
Year built
1967
Heating
NONE
Stories
2
Total area
38,792 SF
Lot
2.07 ac (90,169 SF)
APN
08-07-205-005
UPID
US28-0979119
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
2
Lot
2.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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