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Property profile & analytics
OFF-MARKET
Commercial real estate
9 Rte 59, Bartlett, IL 60103
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-2977347
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1951
Total area
1,008 SF
Lot
4.96 ac (216,058 SF)
APN
06-28-401-005
UPID
US28-2977347
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tkg Storagemart Partners Portfolio · 11 yrs held
Tkg Storagemart Partners Portfolio
since 2015
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 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
$355,315
Tax year 2022
Assessed value
$1,280,065
Assessed 2022
Previous assessed
$1,288,153
-0.6% YoY
Effective rate
27.76%
On assessed value
Assessed land
$486,522
Assessed improvement
$793,543
Land market value
$1,946,088
Improvement market value
$3,174,172
Total market value
$5,120,260
Applied tax rate
18,007.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1951
Heating
NONE
Stories
1
Total area
1,008 SF
Lot
4.96 ac (216,058 SF)
APN
06-28-401-005
UPID
US28-2977347
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
1951
Heating
NONE
Stories
1
Lot
4.96 ac
Current owner
From public records · entity-resolved
Tkg Storagemart Partners Portfolio
Entity
Mailing address
215 N STADIUM BLVD STE #207, COLUMBIA, MO 65203-1160
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
Tkg Storagemart Partners Portfolio
—
Deed
related
$127,500,000 · Citi Real Estate Funding INC
Dec 28, 2018
—
Tkg Storagemart Partners Portfolio
—
Deed
related
$644,100,000 · Citi Real Estate Funding INC
Mar 30, 2015
—
Tkg Storagemart Partners Portfolio
Tkgsm Various LLC
Special Warranty Deed
$412,500,000 · Bank Of America NA
Oct 9, 2013
—
Tkgsm-various LLC
Tkg-storagemart Partners LP
Warranty Deed
related
—
Dec 17, 2009
—
Tkg-storagemart Partners LP
—
Deed Of Trust
related
$149,000,000 · Lehman Commercial Paper INC
Jun 28, 2006
—
Tkg-storagemart Partners
—
Deed Of Trust
related
$149,000,000 · Lehman Commercial Paper INC
Apr 17, 2000
$1,200,000
Warburg Storage Mart Partners
Weyrauch,michael R
Trustees Deed
—
Apr 17, 2000
—
Weyrauch,michael R
Parkway Bank & Trust Co Ttee
Trustees Deed
related
—
—
—
Tkgsm-various LLC
—
Loan Modification
related
$142,500,000 · Us Bank NA
—
—
Storagemart Partners Warburg
—
Deed Of Trust
related
$4,500,000 · Bank Of America
—
—
Parkway Bank & Trust Co Ttee
—
Deed Of Trust
related
$330,000 · Parkway Bank & Trust Co
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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