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Property profile & analytics
FOR LEASE
Retail space
630 Meacham Rd, Elk Grove Village, IL 60007
Trust Owned
8-yr Hold
Free & Clear
Property ID
US28-0919093
For Lease
Contact for pricing
630 Meacham Rd, Elk Grove Village, IL 60007
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Lot
0.72 ac (31,440 SF)
APN
07-25-300-057
UPID
US28-0919093
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
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Trust 96-1163-67 · 8 yrs held
Trust 96-1163-67
since 2017
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 Elk Grove Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove Village 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$77,997
Tax year 2022
Assessed value
$276,165
Assessed 2022
Previous assessed
$214,000
+29.0% YoY
Effective rate
28.24%
On assessed value
Assessed land
$110,040
Assessed improvement
$166,125
Land market value
$440,160
Improvement market value
$664,500
Total market value
$1,104,660
Applied tax rate
35,020.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2000
Heating
NONE
Stories
1
Lot
0.72 ac (31,440 SF)
APN
07-25-300-057
UPID
US28-0919093
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
2000
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Trust 96-1163-67
Trust
Free & Clear · 8 yrs held
Mailing address
36 W RANDOLPH ST STE #701, CHICAGO, IL 60601-3502
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2017
—
Tri City Foods Of Illinois INC
—
Loan Modification
related
$257,500,000 · Wells Fargo Bk
Aug 29, 2017
$1,350,000
Trust 96-1163-67
Nicholopoulos Chris Trust
Grant Deed
related
—
Jan 13, 2017
—
Nicholopoulos,chris Trust
—
Deed
related
$133,913 · Brickyard Bk
Dec 12, 2014
—
Tri City Foods Of Illinois INC
—
Grant Deed
related
$146,000,000 · Wells Fargo Bk
Jul 20, 2010
—
Nicholopoulos Chris Trust
—
Trustees Deed
related
$300,000 · Brickyard Bank
Jun 23, 2004
$1,034,000
Nicholopoulos,tr
Crc Chicago Bank II LLC
Grant Deed
$780,000 · Midwest Bank & Trust Co
Mar 12, 2004
$838,000
Crc Chicago Bk II LLC
Bnb Land Venture INC
Grant Deed
related
—
Mar 12, 2004
—
Crc Chicago Bk II LLC
—
Deed Of Trust
related
$8,234,418 · Fifth Third Bank
—
—
Nicholopoulos Chris Trust
—
Deed Of Trust
related
$300,000 · Brickyard Bank
—
—
Nicholopoulos Chris Trust
—
Deed Of Trust
related
$210,000 · Brickyard Bank
—
—
Nicholopoulos Chris Trust
—
Deed Of Trust
related
$195,000 · Brickyard Bank
—
—
Nicholopoulos,chris Trust
—
Loan Modification
related
$133,913 · Brickyard Bk
—
—
Nicholopoulos,c & M Trust
—
Loan Modification
related
$135,000 · Brickyard Bk
—
—
Nicholopoulos,chris & M Trust
—
Loan Modification
related
$90,000 · Brickyard Bk
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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