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Financial
Distress signals
Property profile

5700 Mcdermott Dr Berkeley, IL 60163

FOR LEASE
Other industrial properties
Property ID
US28-0088387
50,185 SF 2.82 ac lot Built 1966
Last sale May 2018 · $2,015,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

5700 McDermott is a multi-building industrial complex in Cook County comprising 51,180 square feet on a 2.82-acre site. The complex includes a 46,180-square-foot main building and two storage buildings of approximately 2,500 square feet each, both with overhead doors. The main building contains a two-story office area totaling about 11,590 square feet (approximately 5,795 square feet per floor), and features roof-mounted solar panels totaling 342 panels and a roof with newly added solar.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$231k
Tax billed · 2022
Assessed value$527k
Assessed land$169k
Assessed improvement$358k
Effective rate43.93%

Value estimate

· Oct 2026
$695k
$626k – $765k
CAP approach$3.33M
Submarket $/SF estimate$3.83M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.0
Law Firm27.2
Spa & Massage19.1

Location

5700 Mcdermott Dr Berkeley, IL 60163
County assessor Recorded deeds · 6 transfers 16 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5000 Proviso, Melrose Park, IL 60163-1360 $47,011,000 Dec 2023 No data
5540 Mcdermott, Berkeley, IL 60163-1203 $1,650,000 Jan 2021 No data
5250 Mcdermott, Berkeley, IL 60163-1302 $280,000 Jul 2020 No data
5240 Saint Charles, Berkeley, IL 60163-1341 $18,000,000 May 2020 No data
1109 Taft, Berkeley, IL 60163 $3,600,000 Dec 2019 No data
1111 Victoria, Berkeley, IL 60163 $3,600,000 Dec 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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