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Property profile & analytics
OFF-MARKET
Commercial real estate
925 Milwaukee Ave, Prospect Heights, IL 60070
Individually Owned
9-yr Hold
Free & Clear
Property ID
US28-0624667
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Lot
0.31 ac (13,684 SF)
APN
03-24-202-044
UPID
US28-0624667
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
-
Global Vision Enterprises Logistics Company
-
Lincolnshire Math Club Training Center
-
Credit Management Systems Bank Loan Service
-
Zipple.Com Telecommunications Service Data Center
-
Sdi Media Services Media Distribution
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
Farmers Ins Grp FCU · 9 yrs held
Farmers Ins Grp FCU
since 2017
Last sale
$118,000
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 Prospect Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prospect Heights 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
$17,137
Tax year 2022
Assessed value
$52,824
Assessed 2022
Previous assessed
$45,415
+16.3% YoY
Effective rate
32.44%
On assessed value
Assessed land
$51,315
Assessed improvement
$1,509
Land market value
$205,260
Improvement market value
$6,036
Total market value
$211,296
Applied tax rate
38,220.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1997
Heating
NONE
Lot
0.31 ac (13,684 SF)
APN
03-24-202-044
UPID
US28-0624667
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
1997
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Farmers Ins Grp FCU
Individual
Free & Clear · 9 yrs held
Mailing address
PO BOX 5273, OAK BROOK, IL 60522-5273
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
—
Prospect Heights Investors LLC
—
Deed
related
$914,400 · Merchants Bank Of Indiana
Mar 1, 2017
—
Farmers Ins Grp FCU
Judicial Sales Corp|borgogno,dennis W & Lois R
Trustees Deed
related
—
May 20, 2014
—
Borgogno,dennis W & L R Trust
Hdi Chicago Rest LLC
Trustees Deed
related
$1,750,000 · Farmers Ins Grp FCU
Nov 14, 2012
$1,750,000
Hdi Chicago Rest LLC
Jc123 Holdings LLC
Warranty Deed
—
Nov 14, 2012
$950,000
Jc123 Holdings LLC
Trust 04-1-8248
Grant Deed
related
—
Jun 22, 2004
$1,367,000
Midwest Bank & Trust Co Ttee
Crc Chicago Bank I LLC
Grant Deed
related
$1,025,250 · Midwest Bank & Trust Co
Mar 19, 2004
—
Crc Chicago Bk II LLC
Bk Properties Ltd
Grant Deed
related
$8,234,418 · Fifth Third Bank
—
—
Trust 04-01-8248
—
Deed Of Trust
related
$900,000 · Brickyard 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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