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Property profile & analytics
OFF-MARKET
Estimated value
$7,650,000
Industrial properties
600 Joliet Rd, Willowbrook, IL 60527-5633
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0003864
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
24,722 SF
Lot
1.73 ac (75,359 SF)
APN
09-26-404-029
UPID
US28-0003864
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
-
Tool Service Corporation - Division of Blackhawk Industrial Mill Building Supply
-
Interstate Electronics Company Electronics & Wireless Store Big Box & Wholesale Store
-
Tool Service Corporation of Illinois Distribution Center Logistics Company
-
Alternative Business Suppliers, Inc. Business To Business Service Office Equipment Supplier
-
Hunter Garage Door Repairs Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.65M
Owner & transaction history
Ocp Willowbrook LLC · 3 yrs held
Ocp Willowbrook LLC
since 2022
Last sale
$7.6M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.7M
+181.4%
Restaurant
$7.7M
+147.3%
Commercial (general)
$5.9M
+90.3%
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 Willowbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willowbrook 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
$7,680,000
ML approach
$7,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,745,000
Change: +181% · Conversion: Easy
RESTAURANT
$7,690,000
Change: +147% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,915,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$5,570,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$5,325,000
Change: +71% · Conversion: Moderate
Blend value · Realmo final
$7.65M
Range $6.89M – $8.42M · ±10% · vs last sale $7.58M (Dec 28 2022)
Last sale anchor
$7.58M
Dec 28 2022
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
$309 / 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
$26,412
Tax year 2023
Assessed value
$527,510
Assessed 2023
Previous assessed
$507,220
+4.0% YoY
Effective rate
5.01%
On assessed value
Assessed land
$132,810
Assessed improvement
$394,700
Land market value
$398,430
Improvement market value
$1,184,100
Total market value
$1,582,530
Applied tax rate
9,585.0000
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
Heating
NONE
Stories
1
Total area
24,722 SF
Lot
1.73 ac (75,359 SF)
APN
09-26-404-029
UPID
US28-0003864
Jurisdiction
DU PAGE
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.7M
RESTAURANT
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.6M
RETAIL STORES
Est. value
$5.3M
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
Heating
NONE
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Ocp Willowbrook LLC
Entity
Mailing address
C O OAK REALTY GROUP INC740W, DEERFIELD, IL 60015
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2022
$7,580,000
Ocp Willowbrook LLC
Chicago Title Land Trust Company
Deed
$4,927,000 · Alliant Credit Union
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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