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Property profile & analytics
OFF-MARKET
Estimated value
$2,830,000
Hotels
1113 Butterfield Rd, Downers Grove, IL 60515-1057
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-0100090
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1983
Total area
40,704 SF
Lot
3.17 ac (138,085 SF)
Zoning code
C
APN
06-29-302-005
UPID
US28-0100090
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
-
Downers Grove Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.83M
Owner & transaction history
Dupage Pads INC · 4 yrs held
Dupage Pads INC
since 2022
7 recorded transactions
Zoning & alternative use
C · Downers Grove, 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 Downers Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downers Grove 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
HOTEL/MOTEL
$4,170,000
Current use
Blend value · Realmo final
$2.83M
Range $2.55M – $3.11M · ±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
$70 / 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
$72,064
Tax year 2023
Previous assessed
$1,223,090
Applied tax rate
6,123.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1983
Heating
NONE
Total area
40,704 SF
Lot
3.17 ac (138,085 SF)
Zoning code
C
APN
06-29-302-005
UPID
US28-0100090
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Downers Grove, IL
Zoning C · permitted uses
C · Downers Grove, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downers Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.2M
HOTEL/MOTEL 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
1983
Heating
NONE
Lot
3.17 ac
Current owner
From public records · entity-resolved
Dupage Pads INC
Entity
Free & Clear · 4 yrs held
Mailing address
601 W LIBERTY DR, WHEATON, IL 60187-4940
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2022
—
Dupage P A D S INC
—
Deed
related
$3,000,000 · Wheaton Bank & Trust Company
Apr 7, 2022
—
Dupage Pads INC
Sunstar Downers INC
Special Warranty Deed
—
Feb 3, 2020
$3,500,000
Sunstar Downers INC
Bw Rrj I LLC
Limited Warranty Deed
$3,600,000 · Seacoast Commerce Bank
Feb 7, 2018
—
Bw Rri I LLC
—
Grant Deed
related
$800,000,000 · Barclays Bk/plc
May 15, 2015
$4,636,500
Bw Rri LLC
Fmw Rri II LLC
Quit Claim Deed
related
$360,000,000 · Barclays Bk/plc
Sep 14, 2011
—
Fmw Rri II LLC
R-roof II LLC
Grant Deed
related
—
Oct 1, 2007
$5,000
R-roof II LLC
Rooftop Remainder LLC
Grant Deed
—
Oct 1, 2007
$4,894,500
R Roof II LLC
Redtop Property LLC
Warranty Deed
$465,000,000 · Bear Stearns Commercial Mortgage INC
Jan 5, 2000
$4,682,500
Redtop Property LLC
Red Roof Inns INC
Trustees Deed
—
Jan 5, 2000
$46,000
Rooftop Remainder LLC
Red Roof Inns INC
Trustees Deed
related
$5,425,218 · Berkshire Hathaway Credit Corp
—
—
Fmw Rri II LLC
—
Loan Modification
related
$285,000,000 · Fortress Credit Corp
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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