Financial
Distress signals
Property profile

702 Vermont St Palatine, IL 60067

OFF-MARKET
Industrial properties
Property ID
US28-4969612
4,900 SF 0.53 ac lot Built 1976
Last sale Apr 2021 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents two buildings situated on a sizable 0.53-acre lot in Palatine, Illinois. The property boasts a total of 7,000 square feet of space, ideally suited for a variety of uses, including office, warehousing, and storage. Currently, the property houses four long-term tenants (each with a lease exceeding five years), generating substantial rental income. The main building features ample office space and two half-bathrooms, along with one full bathroom. A key advantage is the significant potential for expansion

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$32k
Tax billed · 2022
Assessed value$111k
Assessed land$35k
Assessed improvement$76k
Effective rate28.64%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$265k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop9.6
Clothing Store9.4
Locksmith9.2

Location

702 Vermont St Palatine, IL 60067-7141
County assessor Recorded deeds · 6 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
578 Wanda, Palatine, IL 60067 $1,750,000 Mar 2024 No data
420 Wanda, Palatine, IL 60067-2500 $1,750,000 Mar 2024 No data
1213 Wnw, Palatine, IL 60067-9200 $152,500 Apr 2023 No data
538 Vermont, Palatine, IL 60067-6948 $290,000 Apr 2023 No data
330 Eric, Palatine, IL 60067-2511 $414,000 Mar 2023 No data
560 Vermont, Palatine, IL 60067-6948 $1,000,000 Jul 2021 31,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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