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Property profile & analytics
OFF-MARKET
Parking lots & garages
881 Swift Rd G2, Addison, IL 60101-1010
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-0188550
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2003
Construction
FRAME
Lot
6.09 ac (265,280 SF)
Zoning code
R
APN
02-24-213-026
UPID
US28-0188550
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
-
Amberwood Condos Condominium Complex
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
Shahid Mubeen · 7 yrs held
Shahid Mubeen
since 2018
Last sale
$235,000
4 recorded transactions
Zoning & alternative use
R · Addison, 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 Addison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Addison 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
$132
Tax year 2023
Assessed value
$1,330
Assessed 2023
Previous assessed
$1,260
+5.6% YoY
Effective rate
9.92%
On assessed value
Assessed land
$330
Assessed improvement
$1,000
Land market value
$990
Improvement market value
$3,000
Total market value
$3,990
Applied tax rate
2,056.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2003
Construction
FRAME
Heating
NONE
Lot
6.09 ac (265,280 SF)
Zoning code
R
APN
02-24-213-026
UPID
US28-0188550
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
R · Addison, IL
Zoning R · permitted uses
R · Addison, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Addison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
NONE
Lot
6.09 ac
Current owner
From public records · entity-resolved
Shahid Mubeen
Individual
Mailing address
881 N SWIFT RD UNIT #106, ADDISON, IL 60101-1012
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2018
$145,000
Shahid Mubeen
Hung Q Tran
Warranty Deed
$108,750 · Draper & Kramer Mortgage Corp
Apr 19, 2013
$78,000
Hung Q Tam
Us Bank NA Msm 2007-2ax
Grant Deed
—
Aug 30, 2012
—
Us Bank NA 2007-2ax
Sheriff Of Dupage County
Trustees Deed
related
—
Aug 25, 2006
$200,000
Frank L Bruno
Matthew F Leighty
Warranty Deed
$160,000 · Indymac Bank Fsb
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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