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Property profile & analytics
OFF-MARKET
Estimated value
$6,065,000
Industrial properties
7855 Gross Pt Rd, Skokie, IL 60077-2642
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-1024506
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1975
Lot
0.78 ac (33,989 SF)
APN
10-29-208-012
UPID
US28-1024506
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
-
Boutique Linens (Bike/Boat/Book/etc) Store Home Decor Store
-
Raybec Management Real Estate Agency
-
Dan Nitoi Endoscope Repair Medical Clinic
-
Safe Alarm Industries, LLC Security Service
-
Gillman Builders Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.07M
Owner & transaction history
7900 N Caldwell LLC · 4 yrs held
7900 N Caldwell LLC
since 2022
Last sale
$6.0M
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
$6,065,000
ML approach
$6,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.07M
Range $5.46M – $6.67M · ±10% · vs last sale $6.00M (Apr 7 2022)
Last sale anchor
$6.00M
Apr 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
$112,706
Tax year 2022
Assessed value
$361,555
Assessed 2022
Previous assessed
$280,401
+28.9% YoY
Effective rate
31.17%
On assessed value
Assessed land
$72,226
Assessed improvement
$289,329
Land market value
$288,904
Improvement market value
$1,157,316
Total market value
$1,446,220
Applied tax rate
24,026.0000
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
1975
Heating
NONE
Lot
0.78 ac (33,989 SF)
APN
10-29-208-012
UPID
US28-1024506
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
1975
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
7900 N Caldwell LLC
Entity
Mailing address
100 LONGMEADOW RD, WINNETKA, IL 60093-3500
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
Apr 7, 2022
$6,000,000
7900 N Caldwell LLC
7855 Property Owner LLC
Special Warranty Deed
$3,700,000 · Bmo Harris Bank NA
Oct 4, 2019
—
7855 Property Owner LLC
—
Loan Modification
related
$3,000,000 · First Equity Bk
Apr 16, 2019
—
7855 Property Owner LLC
—
Loan Modification
related
$2,900,000 · First Equity Bk
Apr 13, 2018
—
7855 Property Owner LLC
—
Deed Of Trust
related
$2,650,000 · First Equity Bk
Jan 3, 2018
$3,780,000
7855 Property Owner LLC
Trust 01-4411
Grant Deed
—
Aug 30, 2011
—
Trust 01-4411
—
Deed Of Trust
related
$1,170,000 · Mb Financial Bank NA
Jun 15, 2011
—
Trust 01-4411
—
Deed Of Trust
related
$3,234,176 · Mb Financial Bank NA
Jun 24, 2010
—
Trust 01-4411
—
Grant Deed
related
$1,200,000 · Mb Financial Bank NA
—
—
Trust 4411
—
Deed Of Trust
related
$3,117,387 · First Equity Bk
—
—
Trust 4411
—
Deed Of Trust
related
$3,117,387 · First Equity Bk
—
—
Trust 01-4411
—
Deed Of Trust
related
$1,000,000 · Mb Financial Bank NA
—
—
7855 Property Owner LLC
—
Loan Modification
related
—
—
—
7855 Property Owner LLC
—
Loan Modification
related
$3,200,000 · First Equity Bk
—
—
7855 Property Owner LLC
—
Loan Modification
related
$3,200,000 · First Equity Bk
—
—
7855 Property Owner LLC
—
Loan Modification
related
$3,485,000 · First Equity Bk
—
—
7855 Property Owner LLC
—
Loan Modification
related
$3,485,000 · First Equity Bk
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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