New search
Property profile & analytics
FOR LEASE
Office buildings
11 Salt Creek Ln, Hinsdale, IL 60521
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US28-2677511
For Lease
1 / 2
$23 SF/Yr
11 Salt Creek Ln, Hinsdale, IL 60521
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
42,000 SF
Lot
3.92 ac (170,755 SF)
Zoning code
C
APN
06-36-405-022
UPID
US28-2677511
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.98M
Owner & transaction history
Hinsdale Mob Holdings LLC
Hinsdale Mob Holdings LLC
since 2026
6 recorded transactions
Zoning & alternative use
C · Hinsdale, 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 Hinsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hinsdale 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,495,000
Current use
MEDICAL BUILDING
$9,460,000
Change: 0% · Conversion: Easy
RETAIL STORES
$9,050,000
Change: -5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$8,110,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$5.98M
Range $5.38M – $6.57M · ±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
$142 / 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
$87,719
Tax year 2023
Assessed value
$1,630,770
Assessed 2023
Previous assessed
$1,551,940
+5.1% YoY
Effective rate
5.38%
On assessed value
Assessed land
$957,580
Assessed improvement
$673,190
Land market value
$2,872,740
Improvement market value
$2,019,570
Total market value
$4,892,310
Applied tax rate
6,091.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1977
Heating
NONE
Total area
42,000 SF
Lot
3.92 ac (170,755 SF)
Zoning code
C
APN
06-36-405-022
UPID
US28-2677511
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Hinsdale, IL
Zoning C · permitted uses
C · Hinsdale, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hinsdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.5M
MEDICAL BUILDING
Est. value
$9.5M
RETAIL STORES
Est. value
$9.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.1M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
Lot
3.92 ac
Current owner
From public records · entity-resolved
Hinsdale Mob Holdings LLC
Entity
Mailing address
71 S WACKER DR STE #3725, CHICAGO, IL 60606-4610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
$17,550,000
Hinsdale Mob Holdings LLC
11 Salt Creek Campus LLC
Deed
$12,284,000 · Renasant Bank
Apr 4, 2017
—
11 Salt Creek Campus LLC
—
Deed
related
$8,250,000 · Mb Fin'l Bk
Dec 20, 2013
$10,555,000
11 Salt Creek Campus LLC
Hvii Property LLC
Grant Deed
$8,250,000 · American Chartered Bank
Sep 5, 2006
—
Hvii Property LLC
Owner Name Unavailable
Grant Deed
—
Jan 10, 2006
$5,900,000
11 Salt Creek LLC
Trust 01-1-7933
Grant Deed
$5,900,000 · Hinsdale Bank & Trust Co
—
—
11 Salt Creek Campus LLC
—
Loan Modification
related
$8,250,000 · Mb Fin'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
