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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Industrial properties
520 Windy Pt Dr 24, Glendale Heights, IL 60139-2178
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2299275
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,225 SF
Lot
1.47 ac (64,033 SF)
Zoning code
I
APN
02-26-301-062
UPID
US28-2299275
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
-
UPS and Fedex Drop Boxes Shipping Company Freight Service
-
FedEx Drop Box Postal Service Courier Service
-
Andersen Windows by C&L Ward Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.14M
Owner & transaction history
Hlj Re LLC 520 Windy Point Series · 2 yrs held
Hlj Re LLC 520 Windy Point Series
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
I · Glendale Heights, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+70.6%
Warehouse, storage
$2.1M
+7.0%
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 Glendale Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale Heights 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
$2,010,000
ML approach
$1,865,000
CAP Approach
CAP Return
Estimation
6%
$1,450,000
6.5%
$1,340,000
7%
$1,245,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,970,000
Current use
COMMERCIAL (GENERAL)
$3,355,000
Change: +71% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,105,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.93M – $2.35M · ±10% · vs last sale $2.28M (Sep 1 2023)
Last sale anchor
$2.28M
Sep 1 2023
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
$106 / 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
$63,289
Tax year 2023
Assessed value
$644,270
Assessed 2023
Previous assessed
$595,920
+8.1% YoY
Effective rate
9.82%
On assessed value
Assessed land
$158,440
Assessed improvement
$485,830
Land market value
$475,320
Improvement market value
$1,457,490
Total market value
$1,932,810
Applied tax rate
2,213.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
20,225 SF
Lot
1.47 ac (64,033 SF)
Zoning code
I
APN
02-26-301-062
UPID
US28-2299275
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Glendale Heights, IL
Zoning I · permitted uses
I · Glendale Heights, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
1.47 ac
Current owner
From public records · entity-resolved
Hlj Re LLC 520 Windy Point Series
Entity
Mailing address
642 S HAWTHORNE AVE, ELMHURST, IL 60126-4243
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 17, 2024
—
Hlj Re LLC 520 Windy Point Series
—
Deed
related
$300,000 · Community Bank Of Elmhurst
Dec 18, 2023
—
Hlj Real Estate LLC
—
Deed
related
$1,692,923 · Community Bank Of Elmhurst
Sep 1, 2023
—
Hlj Re LLC 520 Windy Point Series
Hlj Real Estate LLC
Intrafamily Transfer
related
—
Jun 8, 2023
$2,275,000
Hlj Real Estate LLC
Windy Point Properties LLC
Warranty Deed
$1,706,587 · Community Bank Of Elmhurst
Jan 12, 2018
—
Windy Point Properties LLC
—
Deed
related
$585,000 · Small Busn Growth
Oct 3, 2017
—
Windy Point Properties LLC
Glen F Ceiley
Special Warranty Deed
$712,500 · The Huntington National Bank
Jun 30, 2014
—
Glen F Ceiley & Barbara A Ceiley Re
Chicago Title Land Trust Company
Deed
$900,000 · Community Bank
—
—
Trust 1813
—
Loan Modification
related
$671,644 · Republic Bk/chicago
—
—
Lasalle Bank NA Trustee
—
Deed Of Trust
related
$755,000 · Republic Bk/chicago
—
—
Windy Point Properties LLC
—
Deed Of Trust
related
$585,000 · Small Busn Growth
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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