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901 Mittel Dr, Wood Dale, IL 60191
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Property summary
AI-generated overview
The property is an industrial warehouse facility in Wood Dale, Illinois, providing 119,985 square feet of warehouse space. It is configured as a functioning single-tenant building with a dynamic office layout and includes heavy electrical power. Portions of the warehouse are partially temperature controlled, and make-ready improvements were being undertaken at the time of the listing. The building is situated within an established industrial park and is positioned for access to major regional transportation routes, including O’Hare International Airport and Interstates I-90, I-290, I-355, and IL-390.
Property profile
Verified
Property type
Other 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
Current use
Occupant on record · Public records
-
Factory Industrial Manufacturer
-
Corporate Office
-
Production Facility Factory
-
Industrial Manufacturer Production Facility
-
Factory Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.30M
CAP Approach
CAP
$7.86M
Comparable Approach
Comparable
$13.11M
Blend (final)
Blend
$11.23M
Owner & transaction history
since 2023
Last sale
$12.7M
2 recorded transactions
Zoning & alternative use
I · Wood Dale, IL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$11.23M
Value range
$10.10M – $12.35M
±10% around blend
Estimated value / SF
$95 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$10.10M
blend $11.23M
$12.35M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
118,600 SF
Lot area
5.77 ac
Year built
1984
APN
03-04-402-018
Zoning
I
Assessed value
$3,479,030
Annual tax
$256,411
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.86M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.51M
@ 6.5% CAP return
$7.86M
@ 7% CAP return
$7.30M
4
Sales comparison
Partial preview
Sales approach indication
$17.16M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
20.9 mi away · 138,219 SF
21.9 mi away · 101,308 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$11.23M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 31 sales
$108
-12%
Submarket 31 sales
$108
-12%
County 744 sales
$116
-19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $95/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.50%
Implied, in-place cap rate for this other industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.50%
9.0%
NOI (est.)
$890k *
Last sale · Oct 2023
$12.72M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$19.78M
Move the market yield to see immediate price impact.
Value / SF
$167
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.00%4.50%5.00%
$801k
$20.03M
$17.80M
$16.02M
$890k
$22.25M
$19.78M
$17.80M
$979k
$24.48M
$21.76M
$19.58M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$25.43M
7.2 mi · Feb 2026 · $174/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
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, ILZoning I · permitted uses
I · Wood Dale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
NONE
Lot
5.77 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
Wood Dale, IL
Recorded code
I
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in Wood Dale, IL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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