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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Industrial properties
7700 Austin Ave, Skokie, IL 60077-2603
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1856837
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1960
Lot
1.72 ac (74,923 SF)
APN
10-29-209-030
UPID
US28-1856837
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
-
Plasticade Industrial Manufacturer Production Facility
-
KRINOVA E-COMMERCE LLC Department Store
-
docknload logistics Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Docknload Property LLC · 3 yrs held
Docknload Property LLC
since 2022
Last sale
$2.6M
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 Skokie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Skokie 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
$2,630,000
ML approach
$2,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Oct 7 2022)
Last sale anchor
$2.60M
Oct 7 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
$149,181
Tax year 2022
Assessed value
$649,998
Assessed 2022
Previous assessed
$702,475
-7.5% YoY
Effective rate
22.95%
On assessed value
Assessed land
$159,375
Assessed improvement
$490,623
Land market value
$637,500
Improvement market value
$1,962,492
Total market value
$2,599,992
Applied tax rate
24,029.0000
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
1960
Heating
NONE
Lot
1.72 ac (74,923 SF)
APN
10-29-209-030
UPID
US28-1856837
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
1960
Heating
NONE
Lot
1.72 ac
Current owner
From public records · entity-resolved
Docknload Property LLC
Entity
Mailing address
6633 N LINCOLN AVE, LINCOLNWOOD, IL 60712-3605
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Docknload Property LLC
—
Deed
related
$804,000 · Somercor 504 INC
Oct 7, 2022
$2,600,000
Docknload Property LLC
Glass Gorham Company
Warranty Deed
$1,300,000 · Devon Bank
Oct 12, 2020
—
Glass Gorham Co
—
Deed
related
$34,873,805 · Northbrook Bk&tr
Oct 11, 2018
—
American Louver Co
—
Loan Modification
related
$7,000,000 · Northbrook Bk&tr
May 2, 2018
—
American Louver Co
—
Deed
related
$2,700,000 · Northbrook Bk&tr
May 12, 2017
—
American Louver Co
—
Loan Modification
related
$28,123,809 · Northbrook Bk&tr
Sep 28, 2016
—
American Louver Co
—
Deed
related
$13,061,904 · Northbrook Bk&tr
—
—
American Louver Co
—
Deed Of Trust
related
$13,061,904 · Northbrook Bk&tr
—
—
American Louver Co
—
Loan Modification
related
$2,700,000 · Northbrook Bk&tr
—
—
Glass Gorham Co
—
Loan Modification
related
$34,873,805 · Northbrook Bk&tr
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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