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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Industrial properties
8805 Joliet Rd Mc Cook, IL 60525-3218
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US28-1920759
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1962
Total area
10,652 SF
Lot
0.73 ac (31,677 SF)
APN
18-11-301-010
UPID
US28-1920759
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
$375k
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$515k
Owner & transaction history
8305 Joliet Rd Corp · 9 yrs held
8305 Joliet Rd Corp
since 2016
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 Mc Cook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Cook 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
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$48 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$44,055
Tax year 2022
Assessed value
$109,183
Assessed 2022
Previous assessed
$109,183
+0.0% YoY
Effective rate
40.35%
On assessed value
Assessed land
$23,757
Assessed improvement
$85,426
Land market value
$95,028
Improvement market value
$341,704
Total market value
$436,732
Applied tax rate
21,248.0000
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
1962
Heating
NONE
Stories
1
Total area
10,652 SF
Lot
0.73 ac (31,677 SF)
APN
18-11-301-010
UPID
US28-1920759
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
1962
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
8305 Joliet Rd Corp
Entity
Mailing address
8805 JOLIET RD, MC COOK, IL 60525-3218
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2024
—
88 Properties LLC
—
Deed
related
$400,000 · Heartland Bank & Trust Co
Dec 24, 2020
—
88 Properties LLC
—
Deed
related
$365,000 · Byline Bk
Jul 19, 2019
—
88 Properties LLC
—
Trustees Deed
related
$160,000 · Heartland Bk
Mar 8, 2018
—
88 Properties LLC
—
Trustees Deed
related
$160,000 · Heartland Bk W
Sep 9, 2016
—
8305 Joliet Rd Corp
Recco Tool & Supply Corp
Quit Claim Deed
related
—
Aug 9, 2016
$480,000
88 Properties LLC
8805 Joliet Road Corp
Grant Deed
$280,000 · Heartland Bk
—
—
8805 Joliet Road Corp
—
Deed Of Trust
related
$256,045 · Skvarla Wesley J Family Trust
—
—
8805 Joliet Road Corp
—
Deed Of Trust
related
$325,000 · Amerimark Bank
—
—
88 Properties LLC
—
Deed Of Trust
related
$365,000 · Byline 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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