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Property profile & analytics
OFF-MARKET
Estimated value
$12,290,000
Industrial properties
5914 Monee Manhattan Rd Monee, IL 60449-9072
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1415483
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Total area
261,360 SF
Lot
5.82 ac (253,519 SF)
APN
21-14-17-400-011
UPID
US28-1415483
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
$8.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.29M
Owner & transaction history
Svc Hyb Lease Pool 4 Lc · 2 yrs held
Svc Hyb Lease Pool 4 Lc
since 2023
Last sale
$11.4M
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 Monee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monee 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
$13,170,000
ML approach
$8,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.29M
Range $11.06M – $13.52M · ±10% · vs last sale $11.38M (Nov 16 2023)
Last sale anchor
$11.38M
Nov 16 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
$47 / 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
$42,074
Tax year 2023
Assessed value
$365,462
Assessed 2023
Previous assessed
$365,462
+0.0% YoY
Effective rate
11.51%
On assessed value
Assessed land
$102,312
Assessed improvement
$263,150
Land market value
$306,936
Improvement market value
$789,450
Total market value
$1,096,386
Applied tax rate
2,140.0000
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
2007
Heating
NONE
Total area
261,360 SF
Lot
5.82 ac (253,519 SF)
APN
21-14-17-400-011
UPID
US28-1415483
Jurisdiction
WILL
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
2007
Heating
NONE
Lot
5.82 ac
Current owner
From public records · entity-resolved
Svc Hyb Lease Pool 4 Lc
Individual
Free & Clear · 2 yrs held
Mailing address
255 WASHINGTON ST STE #300, NEWTON, MA 02458-1634
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
—
Svc Hyb Lease Pool 4 Lc
Hpt Ta Properties LLC
Warranty Deed
—
Jun 15, 2021
—
Hpt Ta Properties LLC
—
Deed
related
$100,000,000 · Wells Fargo Bank NA
Jul 8, 2015
$11,381,465
Hpt Ta Properties LLC
Ta Operating LLC
Grant Deed
—
Jun 6, 2011
$5,000,000
Ta Operating LLC
Mcenery William J Trust
Grant Deed
—
Jul 8, 2009
—
Mcenery William J Trust
—
Deed Of Trust
related
$14,700,000 · Cole Taylor Bank
Aug 22, 2008
—
Mcenery William J Trust
—
Deed Of Trust
related
$14,610,400 · Cole Taylor Bank
Feb 4, 2005
$975,000
Mcenery William J Trust
Trust 4558
Grant Deed
—
—
—
Greatbanc Trust Co Trustee
—
Deed Of Trust
related
$189,000 · Harris Bank Frankfort
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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