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Property profile & analytics
OFF-MARKET
Estimated value
$4,990,000
Industrial properties
625 District Dr, Itasca, IL 60143-1352
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2412051
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
TILT-UP CONCRETE
Total area
42,124 SF
Lot
3 ac (130,680 SF)
Zoning code
I
APN
02-12-214-008
UPID
US28-2412051
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
-
National Pump & Compressors Gas Station
-
Alta Material Handling Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Compressor Engineering Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.78M
Blend (final)
Blend
$4.99M
Owner & transaction history
Alta Enterprises LLC · 3 yrs held
Alta Enterprises LLC
since 2023
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
I · Itasca, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.6M
+71.7%
Commercial (general)
$7.0M
+58.6%
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 Itasca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Itasca 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
$4,710,000
ML approach
$4,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,395,000
Current use
OFFICE BUILDING
$7,550,000
Change: +72% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,970,000
Change: +59% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,385,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$4.99M
Range $4.49M – $5.49M · ±10% · vs last sale $5.33M (Jan 3 2023)
Last sale anchor
$5.33M
Jan 3 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
$118 / 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
$83,894
Tax year 2023
Assessed value
$1,185,820
Assessed 2023
Previous assessed
$935,340
+26.8% YoY
Effective rate
7.07%
On assessed value
Assessed land
$315,810
Assessed improvement
$870,010
Land market value
$947,430
Improvement market value
$2,610,030
Total market value
$3,557,460
Applied tax rate
2,054.0000
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
42,124 SF
Lot
3 ac (130,680 SF)
Zoning code
I
APN
02-12-214-008
UPID
US28-2412051
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Itasca, IL
Zoning I · permitted uses
I · Itasca, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Itasca. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
OFFICE BUILDING
Est. value
$7.6M
COMMERCIAL (GENERAL)
Est. value
$7.0M
WAREHOUSE, STORAGE
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Alta Enterprises LLC
Entity
Mailing address
395 9TH AVE, NEW YORK, NY 10001-8600
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Alta Enterprises LLC
Felix Multi LLC
Lease
—
Jan 3, 2023
$5,332,500
Felix Multi LLC
Alta Industrial Real Estate Company
Special Warranty Deed
—
Mar 5, 2021
—
Eco Site LLC
—
Deed
related
$600,000 · Barclays Bank Plc
Jan 5, 2018
—
Alta Industrial R & E Co LLC
—
Grant Deed
related
$20,000,000 · Flagstar Bk
Jul 9, 2015
—
Alta Industrial Real Estate Co
—
Deed Of Trust
related
$200,000,000 · Jp Morgan Chase Bk
May 22, 2015
$1,733,333
Alta Industrial Real Estate Co
Holmquist Richard W Trust
Grant Deed
—
Sep 11, 2009
—
Holmquist Richard W Trust
Trust 41219
Quit Claim Deed
—
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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