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Property profile & analytics
OFF-MARKET
Estimated value
$4,345,000
Industrial properties
7500 Natchez Ave, Niles, IL 60714-3804
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-5742786
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Lot
2.02 ac (87,991 SF)
APN
10-30-401-015
UPID
US28-5742786
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
-
Lewis Spring and Mfg. Company Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.35M
Owner & transaction history
Chicago Nlm Ll LLC · 4 yrs held
Chicago Nlm Ll LLC
since 2022
Last sale
$4.4M
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
$4,395,000
ML approach
$4,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.35M
Range $3.91M – $4.78M · ±10% · vs last sale $4.35M (Jan 13 2022)
Last sale anchor
$4.35M
Jan 13 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
$200,518
Tax year 2022
Assessed value
$920,709
Assessed 2022
Previous assessed
$612,500
+50.3% YoY
Effective rate
21.78%
On assessed value
Assessed land
$186,575
Assessed improvement
$734,134
Land market value
$746,300
Improvement market value
$2,936,536
Total market value
$3,682,836
Applied tax rate
24,011.0000
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
1984
Heating
NONE
Lot
2.02 ac (87,991 SF)
APN
10-30-401-015
UPID
US28-5742786
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
1984
Heating
NONE
Lot
2.02 ac
Current owner
From public records · entity-resolved
Chicago Nlm Ll LLC
Entity
Mailing address
280 PARK AVE, NEW YORK, NY 10017-1274
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
$4,350,000
Chicago Nlm Ll LLC
Cd 210 Chicago Infill Property LLC
Special Warranty Deed
$293,382,143 · Paul Hastings LLP
Mar 4, 2020
$3,439,000
Cd 210 Chicago Infill Prop LLC
Vk 7500 Natchez LLC
Grant Deed
—
Apr 26, 2019
—
Vk 7500 Natchez LLC
—
Deed
related
$19,250,000 · Webster Bk NA
Jan 14, 2019
—
Vk 7500 Natchez LLC
7500 Natchez Ave Hldgs LLC
Quit Claim Deed
related
$25,000,000 · Mb Fin'l Bk
Oct 12, 2018
—
7500 Natchez Ave Hldgs LLC
Intercounty Judicial Sales Cor|crp-2 Holdings Aa L
Trustees Deed
related
—
Oct 31, 2006
$2,641,500
Crp-2 Holdings Aa
Natchez Srg LLC
Grant Deed
related
—
Nov 30, 2005
$2,375,000
Natchez Srg LLC
Lewis Spring & Mfg
Warranty Deed
$1,781,250 · Union National Bank
—
—
Vk 7500 Natchez LLC
—
Deed Of Trust
related
$19,250,000 · Webster 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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