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Property profile & analytics
FOR LEASE
Office Spaces
850 W Bartlett Rd Bartlett, IL 60103
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1758607
For Lease
1 / 8
Contact for pricing
850 W Bartlett Rd, Bartlett, IL 60103
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1991
Lot
2.55 ac (111,078 SF)
APN
06-34-100-029-1004
UPID
US28-1758607
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
-
Peak Performance Biofeedback Physician Alternative Medicine Practice
-
Doctor Office IT Tech Support Center IT Consulting Firm
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JD Main Accounting Accounting Firm Tax Preparation
-
Delightful Break Massage & Wellness Spa Alternative Medicine Practice Spa & Massage Center
-
Rex Digital Marketing LLC Marketing & Advertising
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
848 Bartlett LLC · 1 yrs held
848 Bartlett LLC
since 2025
Last sale
$415,000
5 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 Bartlett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartlett 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,376
Tax year 2022
Assessed value
$20,847
Assessed 2022
Previous assessed
$45,000
-53.7% YoY
Effective rate
30.58%
On assessed value
Assessed land
$20,715
Assessed improvement
$132
Land market value
$82,860
Improvement market value
$528
Total market value
$83,388
Applied tax rate
18,018.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
1991
Heating
NONE
Lot
2.55 ac (111,078 SF)
APN
06-34-100-029-1004
UPID
US28-1758607
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
1991
Heating
NONE
Lot
2.55 ac
Current owner
From public records · entity-resolved
848 Bartlett LLC
Entity
Mailing address
868 BRAINTREE LN, BARTLETT, IL 60103-4572
Ownership since
2025
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
Mar 26, 2025
$415,000
848 Bartlett LLC
West Bartlett Office Suites LLC
Warranty Deed
$290,500 · First Secure Community Bank
Sep 17, 2012
$97,500
West Bartlett Office Suites Ll
Burch Dev Corp
Warranty Deed
—
—
—
Burch Dev Corp
—
Deed Of Trust
related
$187,500 · St Charles Bank & Trust
—
—
Burch Dev Corp
—
Deed Of Trust
related
$97,500 · St Charles Bank & Trust
—
—
West Bartlett Office Suites Ll
—
Deed Of Trust
related
$310,000 · American Chartered 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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