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Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Industrial properties
7500 Industrial Dr Forest Park, IL 60130-2516
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-1546328
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Lot
2.21 ac (96,268 SF)
APN
15-24-404-021
UPID
US28-1546328
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
$2.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.78M
Owner & transaction history
Storage And Warehousing LLC · 4 yrs held
Storage And Warehousing LLC
since 2022
Last sale
$2.8M
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest 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
$2,780,000
ML approach
$2,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±10% · vs last sale $2.75M (Mar 1 2022)
Last sale anchor
$2.75M
Mar 1 2022
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
$110,516
Tax year 2022
Assessed value
$308,345
Assessed 2022
Previous assessed
$274,999
+12.1% YoY
Effective rate
35.84%
On assessed value
Assessed land
$132,412
Assessed improvement
$175,933
Land market value
$529,648
Improvement market value
$703,732
Total market value
$1,233,380
Applied tax rate
31,038.0000
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
Lot
2.21 ac (96,268 SF)
APN
15-24-404-021
UPID
US28-1546328
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
1991
Heating
NONE
Lot
2.21 ac
Current owner
From public records · entity-resolved
Storage And Warehousing LLC
Entity
Mailing address
7500 INDUSTRIAL DR, FOREST PARK, IL 60130-2516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Purely Cold Storage And Warehousing
—
Deed
related
$3,900,000 · Citibank NA
Apr 2, 2025
—
Purely Cold Storage And Warehouse L
—
Deed
related
$850,000 · Byline Bank
Mar 1, 2022
$2,750,000
Storage And Warehousing LLC
400 Lndustrial East LLC
Special Warranty Deed
$2,200,000 · Pnc Bank NA
Jan 2, 2020
—
7500 Industrial East LLC
—
Deed
related
$1,208,900 · Jp Morgan Chase Bk
May 21, 2019
$1,100,000
7500 Industrial East LLC
Simo M Andrew Trust
Grant Deed
$750,000 · Jp Morgan Chase Bk
Sep 23, 2016
—
Simo,m Andrew Trust
—
Deed
related
$538,513 · Mb Fin'l Bk
Aug 4, 2015
—
Simo,m Andrew Trust
Simo,miroslav A & Cherie
Quit Claim Deed
related
—
Mar 13, 2009
—
Miroslav A Simo
—
Deed Of Trust
related
$3,000,000 · American Chartered Bank
—
—
Simo,miroslav A & Cherie
—
Deed Of Trust
related
$500,000 · American Chartered Bk
—
—
Simo,miroslav A & Cherie
—
Deed Of Trust
related
$751,214 · American Chartered Bk/lk Zuric
—
—
7500 Industrial East LLC
—
Deed Of Trust
related
$1,208,900 · Jp Morgan Chase Bk
—
—
Miroslav A Simo
—
Deed Of Trust
related
$500,000 · American Chartered Bank
—
—
Simo,m Andrew Trust
—
Loan Modification
related
$538,513 · Mb Fin'l Bk
—
—
Miroslav A Simo
—
Deed Of Trust
related
$450,000 · American Chartered Bank
—
—
Miroslav A Simo
—
Deed Of Trust
related
$200,000 · American Chartered Bank
—
—
Miroslav A Simo
—
Deed Of Trust
related
$315,000 · American Chartered 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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