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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Industrial properties
7033 High Grv Blvd, Burr Ridge, IL 60527-7593
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-3004897
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
11,284 SF
Lot
1.33 ac (57,935 SF)
Zoning code
C
APN
09-24-309-013
UPID
US28-3004897
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.60M
Owner & transaction history
Hgb Holdings LLC · 4 yrs held
Hgb Holdings LLC
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C · Burr Ridge, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+79.2%
Retail stores
$2.4M
+71.4%
Office building
$2.0M
+42.6%
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 Burr Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burr Ridge 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
$1,675,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,420,000
Current use
MEDICAL BUILDING
$2,540,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$2,430,000
Change: +71% · Conversion: Moderate
OFFICE BUILDING
$2,020,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,175,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±10% · vs last sale $1.44M (Aug 31 2021)
Last sale anchor
$1.44M
Aug 31 2021
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
$141 / 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
$20,812
Tax year 2023
Assessed value
$391,990
Assessed 2023
Previous assessed
$362,950
+8.0% YoY
Effective rate
5.31%
On assessed value
Assessed land
$171,990
Assessed improvement
$220,000
Land market value
$515,970
Improvement market value
$660,000
Total market value
$1,175,970
Applied tax rate
9,310.0000
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
2000
Heating
NONE
Stories
1
Total area
11,284 SF
Lot
1.33 ac (57,935 SF)
Zoning code
C
APN
09-24-309-013
UPID
US28-3004897
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Burr Ridge, IL
Zoning C · permitted uses
C · Burr Ridge, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burr Ridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
2000
Heating
NONE
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Hgb Holdings LLC
Entity
Mailing address
7033 HIGH GRV BLVD, BURR RIDGE, IL 60527-7593
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
$1,443,500
Hgb Holdings LLC
Zola LLC
Warranty Deed
$1,782,000 · Byline Bank
Jun 5, 2000
$311,500
Werner Leo LLC
American Nat'l Bk&tr Chgo Ttee
Grant Deed
$97,000 · Downers Grove National Bank
—
—
Werner Leo LLC
—
Deed Of Trust
related
$1,827,050 · First Community Bank
—
—
Werner Leo LLC
—
Deed Of Trust
related
$1,827,050 · First Community Bank
—
—
Zola LLC
—
Loan Modification
related
$698,058 · Mb Fin'l Bk
—
—
Zola LLC
—
Loan Modification
related
$2,256,000 · Cole Taylor Bank
—
—
Werner Leo LLC
—
Deed Of Trust
related
$1,260,582 · Downers Grove National Bank
—
—
Werner Leo LLC
—
Deed Of Trust
related
$1,260,582 · Downers Grove National Bank
—
—
Zola LLC
—
Loan Modification
related
$1,283,000 · Mb Fin'l Bk
—
—
Zola LLC
—
Loan Modification
related
$1,283,000 · Mb Fin'l Bk
—
—
Werner Leo LLC
—
Deed Of Trust
related
$1,300,000 · Lasalle National Bank
—
—
Zola LLC
—
Loan Modification
related
$500,000 · Mb Fin'l Bk
—
—
Zola LLC
—
Loan Modification
related
$592,766 · Fifth Third Bk NA
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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