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Property profile & analytics
FOR SALE
Industrial properties
901 Mittel Dr, Wood Dale, IL 60191
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2408832
For Sale
1 / 2
$10,990,000
901 Mittel Dr, Wood Dale, IL 60191
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
CONCRETE
Total area
118,600 SF
Lot
5.77 ac (251,341 SF)
Zoning code
I
APN
03-04-402-018
UPID
US28-2408832
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
-
CMAK, Inc. Factory Industrial Manufacturer
-
Turkuaz Healthcare US Inc. Corporate Office
-
KANCA FORGING USA INC. Production Facility Factory
-
Oz Resistors Inc. Industrial Manufacturer Production Facility
-
Karmetal North America Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.30M
CAP Approach
CAP
$7.86M
Comparable Approach
Comparable
$13.11M
Blend (final)
Blend
$10.99M
Owner & transaction history
Vk 901 Mittel LLC · 2 yrs held
Vk 901 Mittel LLC
since 2023
Last sale
$12.7M
2 recorded transactions
Zoning & alternative use
I · Wood Dale, 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 Wood Dale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wood Dale 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
$11,225,000
ML approach
$8,295,000
CAP Approach
CAP Return
Estimation
6%
$8,510,000
6.5%
$7,855,000
7%
$7,295,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,810,000
Current use
WAREHOUSE, STORAGE
$12,350,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$10.99M
Range $9.89M – $12.09M · ±10% · vs last sale $12.72M (Oct 6 2023)
Last sale anchor
$12.72M
Oct 6 2023
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
$93 / 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
$256,411
Tax year 2023
Assessed value
$3,479,030
Assessed 2023
Previous assessed
$2,534,820
+37.2% YoY
Effective rate
7.37%
On assessed value
Assessed land
$905,820
Assessed improvement
$2,573,210
Land market value
$2,717,460
Improvement market value
$7,719,630
Total market value
$10,437,090
Applied tax rate
3,195.0000
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
For Sale
Year built
1984
Construction
CONCRETE
Heating
NONE
Total area
118,600 SF
Lot
5.77 ac (251,341 SF)
Zoning code
I
APN
03-04-402-018
UPID
US28-2408832
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Wood Dale, IL
Zoning I · permitted uses
I · Wood Dale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wood Dale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.8M
WAREHOUSE, STORAGE
Est. value
$12.4M
INDUSTRIAL (GENERAL) Current
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
1984
Construction
CONCRETE
Heating
NONE
Lot
5.77 ac
Current owner
From public records · entity-resolved
Vk 901 Mittel LLC
Entity
Free & Clear · 2 yrs held
Mailing address
9500 BRYN MAWR AVE STE #340, ROSEMONT, IL 60018-5259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2024
—
Vk 901 Mittel LLC
—
Deed
related
$62,220,000 · Webster Bank NA
Oct 6, 2023
$12,716,500
Vk 901 Mittel LLC
Prim Mittel Distribution LLC
Special Warranty Deed
—
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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