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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Turn key restaurants
10th Kingery Hwy Willowbrook, IL 60527-0700
Entity Owned
5-yr Hold
Free & Clear
Property ID
US28-1753077
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1977
Total area
3,698 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C
APN
10-02-303-012
UPID
US28-1753077
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
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$898k
Blend (final)
Blend
$785k
Owner & transaction history
Willowbrook Waffles Real Estate LLC · 5 yrs held
Willowbrook Waffles Real Estate LLC
since 2021
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
C · Willowbrook, 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 Willowbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willowbrook 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
$830,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,150,000
Current use
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $700k (Jun 23 2021)
Last sale anchor
$700k
Jun 23 2021
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
$212 / 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
$14,009
Tax year 2023
Assessed value
$234,320
Assessed 2023
Previous assessed
$216,960
+8.0% YoY
Effective rate
5.98%
On assessed value
Assessed land
$56,520
Assessed improvement
$177,800
Land market value
$169,560
Improvement market value
$533,400
Total market value
$702,960
Applied tax rate
9,234.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
3,698 SF
Lot
0.4 ac (17,424 SF)
Zoning code
C
APN
10-02-303-012
UPID
US28-1753077
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Willowbrook, ILZoning C · permitted uses
C · Willowbrook, IL
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
RESTAURANT Current
Est. value
$1.2M
RESTAURANT Current
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
1977
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Willowbrook Waffles Real Estate LLC
Entity
Free & Clear · 5 yrs held
Mailing address
10TH KINGERY HWY, WILLOWBROOK, IL 60527-0700
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jun 23, 2021
$700,000
Willowbrook Waffles Real Estate LLC
Chicago Title Land Trust Company
Deed
—
Jul 18, 2016
—
Trust 5002371754
Kolliopoulos,steve & Stamata
Quit Claim Deed
related
—
Mar 30, 2009
—
Steve Kolliopoulos
Trust 1-139
Grant Deed
—
Feb 2, 2000
$6,000
Steve Kolliopoulos
Citizens Federal Bank Fsb
Grant Deed
—
—
—
Steve Kolliopoulos
—
Deed Of Trust
related
$440,000 · Archer Bank
—
—
Steve Kolliopoulos
—
Deed Of Trust
related
$100,000 · Archer Bank
—
—
Family Bank & Trust Trustee
—
Deed Of Trust
related
$375,000 · Archer Bank
—
—
Steven F Kolliopoulos
—
Deed Of Trust
related
$412,000 · Citizens Financial 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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