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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Day care centers
890 Rohlwing Rd, Addison, IL 60101
Trust Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-3386649
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,000 SF
Lot
0.93 ac (40,511 SF)
Zoning code
C
APN
02-36-408-022
UPID
US28-3386649
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
-
The Learning Experience - Addison Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$520k
Owner & transaction history
Unit 1 Lofts Realty Trust · 3 yrs held
Unit 1 Lofts Realty Trust
since 2022
Last sale
$525,500
7 recorded transactions
Zoning & alternative use
C · Addison, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$655,000
+20.2%
Auto repair, garage
$650,000
+19.1%
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
Method
Estimation
Statistic approach
$510,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$545,000
Current use
RETAIL STORES
$655,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$650,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$500,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $526k (Oct 20 2022)
Last sale anchor
$526k
Oct 20 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
$52 / 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
$41,444
Tax year 2023
Assessed value
$418,880
Assessed 2023
Previous assessed
$494,440
-15.3% YoY
Effective rate
9.89%
On assessed value
Assessed land
$123,410
Assessed improvement
$295,470
Land market value
$370,230
Improvement market value
$886,410
Total market value
$1,256,640
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
10,000 SF
Lot
0.93 ac (40,511 SF)
Zoning code
C
APN
02-36-408-022
UPID
US28-3386649
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Addison, IL
Zoning C · permitted uses
C · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$545,000
RETAIL STORES
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$500,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.93 ac
Current owner
From public records · entity-resolved
Unit 1 Lofts Realty Trust
Trust
Free & Clear · 3 yrs held
Mailing address
2015 W GRV PKWY, PLEASANT GROVE, UT 84062-6739
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
$525,500
Unit 1 Lofts Realty Trust
Millrock Investment Fund I LLC
Special Warranty Deed
—
Oct 3, 2022
—
562 Terminal Facility LP Lllp
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Jul 15, 2022
—
J Kirk Crawford
Millrock Investment Fund I LLC
Special Warranty Deed
—
May 4, 2022
$4,600,000
Millrock Investment Fund I LLC
Hpr Brandford Addison LLC
Special Warranty Deed
—
May 7, 2019
$423,500
Hrp Bradford Addison LLC
800 S Rohl Wing Venture LLC
Special Warranty Deed
$2,667,488 · Wintrust Bank
Sep 27, 2017
$3,288,000
800 S Rohlwing Venture LLC
Rohlwing Road LLC
Special Warranty Deed
$1,800,000 · Jpmorgan Chase Bank NA
Sep 8, 2010
—
880 South Rohlwing Road LLC
—
Deed Of Trust
related
$122,140,136 · Wells Fargo Bank
Sep 14, 2006
$25,642,000
880 South Rohlwing Road LLC
Trust 53370-sk
Grant Deed
—
—
—
880 South Rohlwing Road LLC
—
Deed Of Trust
related
$42,000,000 · Wells Fargo 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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