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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Industrial properties
6977 Austin Ave, Niles, IL 60714-4615
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US28-1995807
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Lot
1.8 ac (78,408 SF)
APN
10-32-203-030
UPID
US28-1995807
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
-
EcoDirect Hotel Linen Service (Bike/Boat/Book/etc) Store
-
Worldsource Instrument Group Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
Maryachi LLC · 6 yrs held
Maryachi LLC
since 2020
Last sale
$2.0M
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 Niles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niles 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
$1,645,000
ML approach
$1,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10% · vs last sale $2.04M (Jan 27 2020)
Last sale anchor
$2.04M
Jan 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
$126,147
Tax year 2022
Assessed value
$544,363
Assessed 2022
Previous assessed
$460,000
+18.3% YoY
Effective rate
23.17%
On assessed value
Assessed land
$166,901
Assessed improvement
$377,462
Land market value
$667,604
Improvement market value
$1,509,848
Total market value
$2,177,452
Applied tax rate
24,002.0000
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
1979
Heating
NONE
Lot
1.8 ac (78,408 SF)
APN
10-32-203-030
UPID
US28-1995807
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
1979
Heating
NONE
Lot
1.8 ac
Current owner
From public records · entity-resolved
Maryachi LLC
Entity
Mailing address
17401 WILDRYE DR, AUSTIN, TX 78738-4155
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2020
—
Maryachi LLC
—
Deed
related
$980,000 · Signature Bk
Jan 27, 2020
$2,036,000
Maryachi LLC
6977 Austinniles LLC
Warranty Deed
$686,000 · Signature Bk
Jan 27, 2020
—
Maryachi LLC
—
Deed
related
$980,000 · Signature Bk
Jun 13, 2014
$1,625,000
6977 Austinniles LLC
Kuntz Richard S Trust
Warranty Deed
$785,000 · First Bk
Apr 23, 2009
—
Kuntz Richard S Trust
Kuntz,richard S
Quit Claim Deed
related
—
—
—
Richard S Kuntz
—
Deed Of Trust
related
$300,000 · Edens Bank
—
—
6977 Austinniles LLC
—
Deed Of Trust
related
$671,000 · Somercor 504
—
—
Maryachi LLC
—
Deed Of Trust
related
$980,000 · Signature Bk
—
—
Maryachi LLC
—
Deed Of Trust
related
$707,000 · Somercor 504
—
—
Maryachi LLC
—
Deed Of Trust
related
$980,000 · Signature Bk
—
—
Richard S Kuntz
—
Deed Of Trust
related
$385,000 · Edens Bank
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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