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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Industrial properties
600 Vermont St, Palatine, IL 60067-6950
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-0852767
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Lot
2.62 ac (114,127 SF)
APN
02-23-308-024
UPID
US28-0852767
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
-
Arlington Plating Company Factory Metal Fabrication Plant
-
SelectConnect Technologies Industrial Manufacturer Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Vermont Property LLC · 5 yrs held
Vermont Property LLC
since 2020
Last sale
$1.1M
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 Palatine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palatine 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
$890,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.10M (Jul 27 2020)
Last sale anchor
$1.10M
Jul 27 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
—
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
$155,315
Tax year 2022
Assessed value
$542,292
Assessed 2022
Previous assessed
$468,563
+15.7% YoY
Effective rate
28.64%
On assessed value
Assessed land
$171,042
Assessed improvement
$371,250
Land market value
$684,168
Improvement market value
$1,485,000
Total market value
$2,169,168
Applied tax rate
29,007.0000
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
1985
Heating
NONE
Lot
2.62 ac (114,127 SF)
APN
02-23-308-024
UPID
US28-0852767
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
1985
Heating
NONE
Lot
2.62 ac
Current owner
From public records · entity-resolved
Vermont Property LLC
Entity
Mailing address
3636 N KILBOURN AVE, CHICAGO, IL 60641-3643
Ownership since
2020
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 23, 2022
—
Vermont Property LLC
—
Deed
related
$500,000 · The Huntington National Bank
Jul 27, 2020
$1,100,000
Vermont Property LLC
Trust Number 8002383358
Grant Deed
$1,100,000 · Northwest Bk/rockford
Jul 27, 2020
—
Trust Number 8002383358
600 Vermont LLC
Grant Deed
related
—
Oct 3, 2017
—
600 Vermont LLC
—
Deed
related
$192,000 · Northwest Bk/rockford
Aug 3, 2009
$1,700,000
600 Vermont LLC
Arlington Plating
Grant Deed
$1,000,000 · Atlas Partners Mtg Invtrs LLC
May 31, 2001
—
Arlington Plating Co
Lasalle Bank NA Trustee
Grant Deed
related
—
—
—
600 Vermont LLC
—
Deed Of Trust
related
$11,000,000 · Northwest Bk/rockford
—
—
600 Vermont LLC
—
Loan Modification
related
$192,000 · Northwest Bk/rockford
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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