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Property profile & analytics
OFF-MARKET
Estimated value
$3,550,000
Industrial properties
60 Shr Dr 1, Burr Ridge, IL 60527-5889
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0886362
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1976
Total area
44,120 SF
Lot
1.22 ac (53,143 SF)
Zoning code
I
APN
09-35-203-005
UPID
US28-0886362
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
$4.53M
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
$4.70M
Blend (final)
Blend
$3.55M
Owner & transaction history
Bcl-burr Ridge LLC · 13 yrs held
Bcl-burr Ridge LLC
since 2013
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
I · Burr Ridge, IL
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 Burr Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burr Ridge 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
$4,830,000
ML approach
$4,530,000
CAP Approach
CAP Return
Estimation
6%
$3,165,000
6.5%
$2,920,000
7%
$2,715,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,545,000
Current use
WAREHOUSE, STORAGE
$4,595,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$3.55M
Range $3.20M – $3.91M · ±10% · vs last sale $3.35M (Feb 11 2020)
Last sale anchor
$3.35M
Feb 11 2020
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
$80 / 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
$36,530
Tax year 2023
Assessed value
$709,180
Assessed 2023
Previous assessed
$656,650
+8.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$126,360
Assessed improvement
$582,820
Land market value
$379,080
Improvement market value
$1,748,460
Total market value
$2,127,540
Applied tax rate
9,257.0000
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
1976
Heating
NONE
Stories
2
Total area
44,120 SF
Lot
1.22 ac (53,143 SF)
Zoning code
I
APN
09-35-203-005
UPID
US28-0886362
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Burr Ridge, IL
Zoning I · permitted uses
I · Burr Ridge, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burr Ridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.5M
WAREHOUSE, STORAGE
Est. value
$4.6M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
Bcl-burr Ridge LLC
Entity
Mailing address
1519 W 55TH ST, LA GRANGE HIGHLANDS, IL 60525-7014
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2019
—
Bcl-burr Ride LLC
—
Grant Deed
related
$2,445,000 · Heartland Bk
Jul 27, 2016
—
Bcl-burr Ridge LLC
—
Deed
related
$3,750,000 · Privatebank & Tr
Apr 24, 2013
—
Bcl-burr Ridge LLC
Bcl-sheffield LLC
Quit Claim Deed
—
Apr 24, 2013
$1,500,000
Bcl-gemini LLC
Gemini International INC
Grant Deed
—
Jan 30, 2001
$2,075,000
Gemini International INC
Shore Drive LP
Grant Deed
$2,075,000 · Hinsbrook Bank & Trust
—
—
Bcl-burr Ridge LLC
—
Deed Of Trust
related
$3,750,000 · Privatebank & Tr
—
—
Gemini International INC
—
Deed Of Trust
related
$125,000 · Hinsbrook Bank & Trust
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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