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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Commercial real estate
5415 Business Pkwy Ringwood, IL 60072-9414
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US28-0441546
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Total area
14,302 SF
Lot
1.33 ac (58,042 SF)
APN
09-09-451-011
UPID
US28-0441546
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
-
Condon Consulting Engineers Civil Engineer
-
Rapid Waterjet Design Industrial Manufacturer
-
Capture Your Path Counseling Counselor Mental Health Service
-
Menet Aero Freight Service Logistics Company
-
j. condon & associates, inc. Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.30M
Owner & transaction history
Suhr Holdings LLC · 12 yrs held
Suhr Holdings LLC
since 2013
7 recorded transactions
Zoning & alternative use
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 Ringwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ringwood 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$91 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$28,718
Tax year 2022
Assessed value
$350,626
Assessed 2022
Previous assessed
$350,626
+0.0% YoY
Effective rate
8.19%
On assessed value
Assessed land
$47,524
Assessed improvement
$303,102
Land market value
$142,572
Improvement market value
$909,306
Total market value
$1,051,878
Applied tax rate
9,025.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,302 SF
Lot
1.33 ac (58,042 SF)
APN
09-09-451-011
UPID
US28-0441546
Jurisdiction
MCHENRY
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Suhr Holdings LLC
Entity
Mailing address
5418 BUSINESS PKWY, RINGWOOD, IL 60072-9412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
—
Suhr Holdings LLC
—
Trustees Deed
related
$400,000 · Home St Bk
Dec 16, 2013
$510,000
Suhr Holdings LLC
Olive Ringwood LLC
Grant Deed
related
$433,500 · Home State Bank
Mar 7, 2013
$417,069
Olive Ringwood LLC
Dearborn Street Holdings LLC
Grant Deed
—
May 24, 2012
—
Dearborn Street Holdings LLC S
Sheriff Of Mchenry County
Trustees Deed
related
—
Aug 5, 2009
—
Condon Geraldine Trust
—
Trustees Deed
related
$570,000 · Crystal Lake Bank & Trust Co
Feb 23, 2006
—
Condon Geraldine A Trust
Condon,james & Geraldine
Quit Claim Deed
related
—
Nov 9, 2005
—
James Condon
—
Trustees Deed
related
$960,000 · Crystal Lake Bank & Trust Co
Dec 13, 2002
$476,500
James Condon
Pease,jack
Grant Deed
$470,000 · Crystal Lake Bank & Trust Co
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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