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Property profile & analytics
OFF-MARKET
Estimated value
$16,355,000
Industrial properties
7400 Lehigh Ave, Niles, IL 60714-4024
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-1138621
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Total area
303,166 SF
Lot
10.74 ac (467,834 SF)
APN
10-29-402-032
UPID
US28-1138621
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
-
Orora Visual - Chicago Marketing & Advertising Printing Service
-
Goggin Warehousing LLC Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.08M
Comparable Approach
Comparable
$12.53M
Blend (final)
Blend
$16.36M
Owner & transaction history
5990 Touhy LLC · 11 yrs held
5990 Touhy LLC
since 2014
5 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,750,000
6.5%
$20,075,000
7%
$18,645,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$23,700,000
Current use
Blend value · Realmo final
$16.36M
Range $14.72M – $17.99M · ±10%
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
$54 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$698,412
Tax year 2022
Assessed value
$3,023,790
Assessed 2022
Previous assessed
$2,891,093
+4.6% YoY
Effective rate
23.10%
On assessed value
Assessed land
$994,451
Assessed improvement
$2,029,339
Land market value
$3,977,804
Improvement market value
$8,117,356
Total market value
$12,095,160
Applied tax rate
24,106.0000
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
1991
Heating
NONE
Stories
2
Total area
303,166 SF
Lot
10.74 ac (467,834 SF)
APN
10-29-402-032
UPID
US28-1138621
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$23.7M
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
1991
Heating
NONE
Stories
2
Lot
10.74 ac
Current owner
From public records · entity-resolved
5990 Touhy LLC
Entity
Mailing address
1 W DUNDEE RD STE #200, BUFFALO GROVE, IL 60089-3770
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2014
$9,025,000
5990 Touhy LLC
Cjf2 LLC
Grant Deed
$6,768,750 · Morgan Stanley Pvt Bk NA
Jul 12, 2011
—
Cjf2 LLC
—
Deed Of Trust
related
$64,000,000 · Ing USA Annunity & Life Ins Co
Feb 14, 2011
—
Cjf2 LLC
—
Deed Of Trust
related
$77,855,500 · Ing USA Annunity & Life Ins Co
Feb 3, 2006
$10,133,333
Cjf2 LLC
Centerpoint Properties Trust
Grant Deed
$74,910,000 · J P Morgan Chase Bank
—
—
Cjf2 LLC
—
Deed Of Trust
related
$77,855,500 · Ing USA Annunity & Life Ins Co
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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