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Property profile & analytics
FOR LEASE
Office Spaces
1 Walker Ave, Clarendon Hills, IL 60514
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-5795543
For Lease
$2,185,000
1 Walker Ave, Clarendon Hills, IL 60514
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Total area
17,914 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
09-11-104-013
UPID
US28-5795543
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
$2.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$2.19M
Owner & transaction history
1 Walker LLC · 3 yrs held
1 Walker LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
C · Clarendon Hills, 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 Clarendon Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarendon 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
$2,125,000
ML approach
$2,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,210,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.19M
Range $1.97M – $2.40M · ±10% · vs last sale $2.20M (Oct 11 2022)
Last sale anchor
$2.20M
Oct 11 2022
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
$122 / 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
$36,207
Tax year 2023
Assessed value
$606,840
Assessed 2023
Previous assessed
$606,840
+0.0% YoY
Effective rate
5.97%
On assessed value
Assessed land
$88,530
Assessed improvement
$518,310
Land market value
$265,590
Improvement market value
$1,554,930
Total market value
$1,820,520
Applied tax rate
9,579.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2007
Heating
NONE
Stories
3
Total area
17,914 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
09-11-104-013
UPID
US28-5795543
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Clarendon Hills, IL
Zoning C · permitted uses
C · Clarendon Hills, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarendon Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.2M
OFFICE BUILDING
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
2007
Heating
NONE
Stories
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
1 Walker LLC
Entity
Mailing address
1 WALKER AVE, CLARENDON HILLS, IL 60514-1338
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Oct 11, 2022
$2,200,000
1 Walker LLC
Jb Walton Properties LLC
Warranty Deed
$1,650,000 · Hinsdale Bank & Trust Co
Aug 11, 2020
$1,800,000
Jb Walton Properties LLC
Elisha Properties LLC
Grant Deed
—
Nov 21, 2012
$2,905,000
Elisha Properties LLC
First National Bank
Warranty Deed
$2,469,250 · First National Bank Of Brookfield
Feb 26, 2010
—
First Natl Bk Of Naperville
Judge Of Dupage County
Grant Deed
related
—
Oct 14, 2005
—
Parkview Dev Partners LLC
—
Trustees Deed
related
$2,875,500 · Associated Bank
Jan 27, 2005
$712,500
Parkview Development Partners LLC
Michael Lagrange
Warranty Deed
$712,500 · First National Bank Of Naperville
—
—
Parkview Dev Partners LLC
—
Deed Of Trust
related
$75,000 · Bob Giammanco
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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