New search
Property profile & analytics
FOR LEASE
Community centers
601 N Martingale Rd, Schaumburg, IL 60173
Entity Owned
~
Est. High Equity
Property ID
US28-1469791
For Lease
1 / 3
$500,000
601 N Martingale Rd, Schaumburg, IL 60173
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1997
Lot
8.67 ac (377,665 SF)
APN
07-13-401-006
UPID
US28-1469791
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
-
AMC Streets of Woodfield 20 Cinema Theater & Performing Art Venue
-
LEGOLAND Discovery Center Chicago Resort
-
Sola Salon Studios Hair Salon
-
Omaha Steaks Take-out & Catering Butcher
-
Chipotle Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Streets Of Woodfield Owner LLC
Streets Of Woodfield Owner LLC
since 2026
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 Schaumburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schaumburg 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
by Request
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10%
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
$3,421,103
Tax year 2022
Assessed value
$12,594,207
Assessed 2022
Previous assessed
$12,149,726
+3.7% YoY
Effective rate
27.16%
On assessed value
Assessed land
$1,274,990
Assessed improvement
$11,319,217
Land market value
$5,099,960
Improvement market value
$45,276,868
Total market value
$50,376,828
Applied tax rate
35,011.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1997
Heating
NONE
Lot
8.67 ac (377,665 SF)
APN
07-13-401-006
UPID
US28-1469791
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
1997
Heating
NONE
Lot
8.67 ac
Current owner
From public records · entity-resolved
Streets Of Woodfield Owner LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
$69,000,000
Streets Of Woodfield Owner LLC
Bre Streets Of Woodfield LLC
Special Warranty Deed
$76,500,000 · Acore Capital Mortgage LP
Mar 23, 2015
$168,500,000
Bre Streets Of Woodfield LLC
Streets Of Woodfield Holdings
Grant Deed
related
$89,100,000 · Deutsche Bk Ag
Aug 12, 2014
—
Streets Of Woodfield Holdings LLC
—
Loan Modification
related
$100,000,000 · Canadian Imperial Bk/commerc
Apr 5, 2012
$118,000,000
Streets Of Woodfield Holdings LLC
Kf Schaumburg LLC
Grant Deed
related
$100,000,000 · Canadian Imperial Bank Commerc
Oct 13, 2011
—
Kf Schaumburg LLC
—
Deed Of Trust
related
$82,450,000 · Bank Of America
Aug 27, 2003
$66,640,000
City Center Retail LP I
—
Trustees Deed
related
—
Aug 27, 2003
—
Kf Schaumburg LLC
—
Deed Of Trust
related
$51,600,000 · Lasalle National Bank
Jul 10, 2003
—
City Center Retail Lpa
Ccrt Mccaffery Developments Ll
Quit Claim Deed
related
—
—
—
Woodfield Cinemas INC
—
Deed Of Trust
related
$140,000 · Bankers Trust Co
—
—
Woodfield Cinemas INC
—
Deed Of Trust
related
$830,000 · Citicorp North America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.