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Property profile & analytics
OFF-MARKET
Industrial properties
81st Starwood Dr Loves Park, IL 61111
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-2514343
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Construction
WOOD
Total area
5,880 SF
Lot
4.62 ac (201,247 SF)
Zoning code
IL
APN
12-01-176-015
UPID
US28-2514343
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gaspard Properties LLC · 1 yrs held
Gaspard Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
IL · Loves Park, IL
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 Loves Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loves 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,806
Tax year 2023
Assessed value
$108,783
Assessed 2023
Previous assessed
$97,232
+11.9% YoY
Effective rate
8.10%
On assessed value
Assessed land
$52,287
Assessed improvement
$56,496
Land market value
$156,861
Improvement market value
$169,488
Total market value
$326,349
Applied tax rate
8.0000
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
1997
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,880 SF
Lot
4.62 ac (201,247 SF)
Zoning code
IL
APN
12-01-176-015
UPID
US28-2514343
Jurisdiction
WINNEBAGO
Zoning & alternative use
IL · Loves Park, IL
Zoning IL · permitted uses
IL · Loves Park, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loves Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.62 ac
Current owner
From public records · entity-resolved
Gaspard Properties LLC
Entity
Mailing address
2312 MCFARLAND RD, ROCKFORD, IL 61108-8225
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
—
Gaspard Properties LLC
—
Deed
related
$432,000 · Cbi Bank & Trust
Dec 19, 2024
$540,000
Gaspard Properties LLC
Shannon L Borrett
Warranty Deed
$432,000 · Preston Holdings LLC
Aug 21, 2023
—
Shannon L Borrett
Shannon L Borrett
Intrafamily Transfer
related
—
Aug 1, 2022
—
Shannon L Borrett
Shannon L Borrett
Deed
related
—
Jul 30, 2019
—
Borrett R Lee 99 Trust No
Interstate Blvd Prop LLC
Quit Claim Deed
related
—
Mar 14, 2006
—
Borrett Donna J Trust 99
Borrett,r L & Donna J
Quit Claim Deed
related
—
Apr 30, 1997
$126,000
R L Borrett
Ray,vernon O
Grant Deed
$110,000 · Alpine Bank Illinois
—
—
Robert R L
—
Deed Of Trust
related
$60,095 · Alpine Bank Illinois
—
—
Borrett R Lee Trust 99
—
Deed Of Trust
related
$320,000 · Riverside Community Bank
—
—
Borrett R L
—
Deed Of Trust
related
$183,500 · Alpine Bank Illinois
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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