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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Commercial real estate
111 Grant St, Hinsdale, IL 60521-4050
Individually Owned
23-yr Hold
Free & Clear
Property ID
US28-0192976
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1911
Total area
2,614 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C
APN
09-12-115-006
UPID
US28-0192976
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
$370k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$600k
Owner & transaction history
Kedra J Olsen · 23 yrs held
Kedra J Olsen
since 2003
5 recorded transactions
Zoning & alternative use
C · Hinsdale, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$925,000
+35.8%
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
$370,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$680,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$590,000
Change: -13% · Conversion: Easy
MEDICAL BUILDING
$590,000
Change: -14% · Conversion: Easy
RETAIL STORES
$565,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$230 / 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
$12,638
Tax year 2023
Assessed value
$225,610
Assessed 2023
Previous assessed
$208,900
+8.0% YoY
Effective rate
5.60%
On assessed value
Assessed land
$159,280
Assessed improvement
$66,330
Land market value
$477,840
Improvement market value
$198,990
Total market value
$676,830
Applied tax rate
9,572.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1911
Heating
NONE
Stories
3
Total area
2,614 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C
APN
09-12-115-006
UPID
US28-0192976
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
COMMERCIAL (GENERAL) Current
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$925,000
OFFICE BUILDING
Est. value
$590,000
MEDICAL BUILDING
Est. value
$590,000
RETAIL STORES
Est. value
$565,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1911
Heating
NONE
Stories
3
Lot
0.2 ac
Current owner
From public records · entity-resolved
Kedra J Olsen
Individual
Free & Clear · 23 yrs held
Mailing address
111 S GRANT ST, HINSDALE, IL 60521-4050
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2019
—
South Grant Street Prop LLC
—
Deed
related
$658,120 · Hinsdale Bk&tr
Feb 7, 2003
$31,500
Kedra J Olsen
Brummet,donald J
Grant Deed
—
Feb 7, 2003
$420,000
Grant Street Properties South
Brummet,tr
Grant Deed
$448,000 · Hinsdale Bank & Trust Co
—
—
Brummet Trust
—
Deed Of Trust
related
$300,000 · Hinsdale Bank & Trust Co
—
—
South Grant Street Prop LLC
—
Loan Modification
related
$658,120 · Hinsdale Bk&tr
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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