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Property profile & analytics
FOR LEASE
Industrial properties
5520 Mcdermott Dr, Berkeley, IL 60163
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US28-1097707
For Lease
1 / 10
Contact for pricing
5520 Mcdermott Dr, Berkeley, IL 60163
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Lot
0.75 ac (32,550 SF)
APN
15-06-400-019
UPID
US28-1097707
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Village Of Berkely · 10 yrs held
Village Of Berkely
since 2016
6 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 Berkeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkeley 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 2022Property tax & assessments
Tax year 2022
Tax billed
$60,526
Tax year 2022
Assessed value
$137,765
Assessed 2022
Previous assessed
$137,765
+0.0% YoY
Effective rate
43.93%
On assessed value
Assessed land
$44,756
Assessed improvement
$93,009
Land market value
$179,024
Improvement market value
$372,036
Total market value
$551,060
Applied tax rate
31,194.0000
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
For Lease
Year built
1965
Heating
NONE
Lot
0.75 ac (32,550 SF)
APN
15-06-400-019
UPID
US28-1097707
Jurisdiction
COOK
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
1965
Heating
NONE
Lot
0.75 ac
Current owner
From public records · entity-resolved
Village Of Berkely
Individual
Mailing address
5500 MCDERMOTT DR, BERKELEY, IL 60163-1203
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2021
—
Titans Way LLC
—
Deed
related
$447,000 · Small Business Bank
Sep 21, 2021
—
Titans Way LLC
—
Deed
related
$439,000 · Wells Fargo Bank NA
Feb 10, 2016
$9,000
Village Of Berkely
Titans Way LLC
Warranty Deed
—
Feb 23, 2015
$925,000
Titans Way LLC
Gordon Of Johnson LP
Grant Deed
$693,750 · Sakash Susan K Trust (pt)
Mar 12, 2002
—
Gordon Johnson LP
Lasalle Bank NA Trustee
Grant Deed
related
—
Dec 7, 1998
$362,501
Lasalle Natl Bank Ttee 42270
Lasalle Natl Bk Ttee 10-33646-
Grant Deed
related
$375,000 · First National Bank Elmhurst
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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