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Property profile & analytics
OFF-MARKET
Estimated value
$4,975,000
Industrial properties
8320 Madison St, Burr Ridge, IL 60527-6215
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1700268
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Total area
76,701 SF
Lot
5.02 ac (218,671 SF)
Zoning code
C
APN
09-35-403-030
UPID
US28-1700268
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
$5.04M
CAP Approach
CAP
$5.08M
Comparable Approach
Comparable
$3.49M
Blend (final)
Blend
$4.98M
Owner & transaction history
8320 Madison LLC · 3 yrs held
8320 Madison LLC
since 2022
Last sale
$4.9M
6 recorded transactions
Zoning & alternative use
C · Burr Ridge, 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 Burr Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burr Ridge 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
$4,965,000
ML approach
$5,035,000
CAP Approach
CAP Return
Estimation
6%
$5,505,000
6.5%
$5,080,000
7%
$4,715,000
Blend value · Realmo final
$4.98M
Range $4.48M – $5.47M · ±10% · vs last sale $4.90M (Nov 8 2022)
Last sale anchor
$4.90M
Nov 8 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
$65 / 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
$110,289
Tax year 2023
Assessed value
$2,141,110
Assessed 2023
Previous assessed
$1,982,510
+8.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$540,000
Assessed improvement
$1,601,110
Land market value
$1,620,000
Improvement market value
$4,803,330
Total market value
$6,423,330
Applied tax rate
9,257.0000
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
1987
Heating
NONE
Stories
1
Total area
76,701 SF
Lot
5.02 ac (218,671 SF)
Zoning code
C
APN
09-35-403-030
UPID
US28-1700268
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Burr Ridge, IL
Zoning C · permitted uses
C · Burr Ridge, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burr Ridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Lot
5.02 ac
Current owner
From public records · entity-resolved
8320 Madison LLC
Entity
Mailing address
2015 E 17TH ST, BROOKLYN, NY 11229-3801
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2022
$4,900,000
8320 Madison LLC
Madison Street Partners LLC
Special Warranty Deed
$2,999,500 · Peoples Bank
May 31, 2016
—
Madison Street Partners LLC
Mccormick 111 LLC
Special Warranty Deed
$2,400,000 · Jpmorgan Chase Bank NA
Nov 7, 2014
—
Mccormick 111 LLC
Madison Ridge Associates
Grant Deed
—
Aug 8, 2008
—
Madison Ridge Associates
Trust 8-1999
Grant Deed
related
$4,200,000 · First Community Bank
Jan 8, 1999
—
Madison Ridge Associates Ltd
Oak Brook Bank Ttee
Grant Deed
$4,200,000 · First National Bank Joliet
—
—
Group Real Estate Co
—
Deed Of Trust
related
$4,200,000 · First Community Bank
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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