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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Industrial properties
6419 Material Ave Loves Park, IL 61111-4247
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US28-0609632
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
STEEL FRAME
Total area
17,368 SF
Lot
1.08 ac (47,045 SF)
Zoning code
IL
APN
12-05-102-026
UPID
US28-0609632
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
-
ATS Medical Services Inc Ambulance Service
-
CorPro Visual (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$810k
Owner & transaction history
Sva Properties LLC · 2 yrs held
Sva Properties LLC
since 2023
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
IL · Loves Park, IL
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 Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves Park 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
$915,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$665,000
Current use
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $800k (Oct 16 2023)
Last sale anchor
$800k
Oct 16 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
$47 / 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
$13,646
Tax year 2023
Assessed value
$151,118
Assessed 2023
Previous assessed
$135,071
+11.9% YoY
Effective rate
9.03%
On assessed value
Assessed land
$20,743
Assessed improvement
$130,375
Land market value
$62,229
Improvement market value
$391,125
Total market value
$453,354
Applied tax rate
2.0000
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
1984
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
17,368 SF
Lot
1.08 ac (47,045 SF)
Zoning code
IL
APN
12-05-102-026
UPID
US28-0609632
Jurisdiction
WINNEBAGO
Zoning & alternative use
IL · Loves Park, IL
Zoning IL · permitted uses
IL · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$665,000
INDUSTRIAL (GENERAL) Current
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
1984
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Sva Properties LLC
Entity
Mailing address
6419 MATERIAL AVE, LOVES PARK, IL 61111-4247
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
$800,000
Sva Properties LLC
Its Partners LLC
Warranty Deed
$675,000 · Northwest Bank Rockford
Nov 8, 2017
$475,000
6419 Material LLC
Shag & Scooby LLC
Warranty Deed
$380,000 · Northwest Bk/rockford
Nov 18, 2009
$415,000
Shag & Scooby LLC
Easton,gilbert
Warranty Deed
$382,500 · Riverside Community Bank
Oct 5, 2004
—
Ciblert Easton
Easton,pamela H
Quit Claim Deed
related
—
—
—
Shag & Scooby LLC
—
Deed Of Trust
related
$693,000 · Rockford Bank & Trust Co
—
—
Shag & Scooby LLC
—
Deed Of Trust
related
$325,000 · Rockford Bk&tr
—
—
Shag & Scooby LLC
—
Deed Of Trust
related
$202,332 · Rockford Bank & Trust Co
—
—
Shag & Scooby LLC
—
Deed Of Trust
related
$40,000 · Northern Il Community Dev Corp
—
—
Shag & Scooby LLC
—
Deed Of Trust
related
$175,000 · Rockford Local Dev Corp
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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