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Property profile & analytics
OFF-MARKET
Estimated value
$10,160,000
Industrial properties
800-20 Thorndale Ave, Bensenville, IL 60106
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2091265
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
71,788 SF
Lot
5.56 ac (242,194 SF)
Zoning code
I
APN
03-02-302-006
UPID
US28-2091265
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
$10.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.00M
Blend (final)
Blend
$10.16M
Owner & transaction history
Prologis Exchange Na2 Sub 5 LLC · 2 yrs held
Prologis Exchange Na2 Sub 5 LLC
since 2024
Last sale
$10.2M
5 recorded transactions
Zoning & alternative use
I · Bensenville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$16.2M
+131.3%
Retail stores
$15.5M
+121.2%
Office building
$12.9M
+84.0%
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 Bensenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bensenville 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
$10,160,000
ML approach
$10,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,990,000
Current use
MEDICAL BUILDING
$16,170,000
Change: +131% · Conversion: Difficult
RETAIL STORES
$15,470,000
Change: +121% · Conversion: Moderate
OFFICE BUILDING
$12,865,000
Change: +84% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,475,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$10.16M
Range $9.14M – $11.18M · ±10% · vs last sale $10.16M (Apr 8 2024)
Last sale anchor
$10.16M
Apr 8 2024
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
$142 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$191,994
Tax year 2023
Assessed value
$2,130,170
Assessed 2023
Previous assessed
$2,030,260
+4.9% YoY
Effective rate
9.01%
On assessed value
Assessed land
$686,950
Assessed improvement
$1,443,220
Land market value
$2,060,850
Improvement market value
$4,329,660
Total market value
$6,390,510
Applied tax rate
3,216.0000
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
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
71,788 SF
Lot
5.56 ac (242,194 SF)
Zoning code
I
APN
03-02-302-006
UPID
US28-2091265
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Bensenville, IL
Zoning I · permitted uses
I · Bensenville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bensenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$16.2M
RETAIL STORES
Est. value
$15.5M
OFFICE BUILDING
Est. value
$12.9M
WAREHOUSE, STORAGE
Est. value
$7.5M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
5.56 ac
Current owner
From public records · entity-resolved
Prologis Exchange Na2 Sub 5 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
60 STATE ST STE #1200, BOSTON, MA 02109-1933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 8, 2024
$10,160,500
Prologis Exchange Na2 Sub 5 LLC
Dct Industrial Value Fund I LP
Special Warranty Deed
—
Nov 15, 2019
$8,100,000
Dct Industrial Value Fund I LP
Thorndale Xl LLC
Grant Deed
—
Jun 8, 2016
$9,325,000
Thorndale Xi LLC
Fr Abc LLC
Special Warranty Deed
$6,527,500 · Wintrust Bank
Oct 6, 2009
—
Fr Abc LLC
First Industrial LP
Quit Claim Deed
related
$27,780,000 · Birch Commercial Mortgage LLC
Dec 16, 2002
$9,535,000
Ccp Cabot II Bensenville LLC
—
Grant Deed
related
—
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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