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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Industrial properties
9240 Trinity Dr, Lake In The Hills, IL 60156-1664
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0883660
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1994
Total area
43,697 SF
Lot
2.95 ac (128,389 SF)
APN
19-22-101-001
UPID
US28-0883660
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
$2.90M
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$2.88M
Owner & transaction history
Mrw Holdings LLC · 17 yrs held
Mrw Holdings LLC
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.7M
+31.7%
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 Lake In The Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake In The Hills 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,135,000
6.5%
$2,895,000
7%
$2,685,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,600,000
Current use
COMMERCIAL (GENERAL)
$4,740,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10%
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
$66 / 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
$70,435
Tax year 2023
Assessed value
$791,934
Assessed 2023
Previous assessed
$791,934
+0.0% YoY
Effective rate
8.89%
On assessed value
Assessed land
$178,549
Assessed improvement
$613,385
Land market value
$535,647
Improvement market value
$1,840,155
Total market value
$2,375,802
Applied tax rate
19,068.0000
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
Off-Market
Year built
1994
Heating
NONE
Stories
1
Total area
43,697 SF
Lot
2.95 ac (128,389 SF)
APN
19-22-101-001
UPID
US28-0883660
Jurisdiction
MCHENRY
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$4.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1994
Heating
NONE
Stories
1
Lot
2.95 ac
Current owner
From public records · entity-resolved
Mrw Holdings LLC
Entity
Mailing address
1ST MIDWEST BK TR 12871ST 2801ST W JEFFER ST, JOLIET, IL 60435
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2019
—
Rink Of Crystal Lake INC
—
Deed
related
—
Dec 10, 2010
—
Chardon LLC
—
Deed Of Trust
related
$2,879,143 · Firstmerit Bank NA
Dec 30, 2008
—
Mrw Holdings LLC
Chardon LLC
Quit Claim Deed
related
—
Dec 30, 2008
$250,000
Chardon LLC
Mrw Holdings LLC
Quit Claim Deed
related
—
—
—
Chardon LLC
—
Deed Of Trust
related
$250,000 · Firstmerit Bank NA
—
—
Rink Of Crystal Lake INC
—
Loan Modification
related
—
—
—
Trust 12871
—
Deed Of Trust
related
$1,307,321 · Midwest 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.
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