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Property profile & analytics
OFF-MARKET
Commercial real estate
5600 New Wilke Rd, Rolling Meadows, IL 60008-4509
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-0660158
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Lot
0.65 ac (28,166 SF)
APN
08-08-403-028
UPID
US28-0660158
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
-
We Wash Express Car Wash
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
Ml Commercial LLC · 11 yrs held
Ml Commercial LLC
since 2015
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 Rolling Meadows submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rolling Meadows 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
$75,123
Tax year 2022
Assessed value
$257,100
Assessed 2022
Previous assessed
$235,675
+9.1% YoY
Effective rate
29.22%
On assessed value
Assessed land
$105,622
Assessed improvement
$151,478
Land market value
$422,488
Improvement market value
$605,912
Total market value
$1,028,400
Applied tax rate
16,053.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Lot
0.65 ac (28,166 SF)
APN
08-08-403-028
UPID
US28-0660158
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
1988
Heating
NONE
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Ml Commercial LLC
Entity
Mailing address
5600 NEW WILKE RD, ROLLING MDWS, IL 60008-4509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Mar 8, 2022
—
Ml Commercial LLC
—
Deed
related
$600,000 · Albany Bank & Trust Company NA
Mar 16, 2017
—
Ml Commercial LLC
—
Deed
related
$720,000 · Bridgeview Bk
Oct 28, 2016
—
Ml Commercial LLC
—
Trustees Deed
related
$650,000 · Bridgeview Bk
Jan 8, 2015
$500,000
Ml Commercial LLC
Sharkeys Amazing Car Wash LLC
Grant Deed
$375,000 · Oxford Bk
Dec 14, 2010
$350,000
Sharkeys Amazing Car Wash LLC
Turtle Wax Auto Appearance Cen
Warranty Deed
$425,000 · Village Bank & Trust
May 10, 2004
—
Turtle Wax Auto Appearance Ctr
Turtle Wax INC
Quit Claim Deed
related
$55,000,000 · Lasalle National Bank
May 31, 2001
—
Turtle Wax INC
—
Deed Of Trust
related
$105,000,000 · Harris Trust & Savings Bank Tt
—
—
Ml Commercial LLC
—
Loan Modification
related
$720,000 · Bridgeview Bk
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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