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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Office Spaces
1119 Wheaton Oaks Ct 9 Wheaton, IL 60187-3168
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-1326244
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Construction
FRAME
Total area
5,000 SF
Lot
2.21 ac (96,268 SF)
Zoning code
C
APN
05-08-422-006
UPID
US28-1326244
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
-
Foxmor Group Industrial Manufacturer Production Facility
-
Mahoney Advisors Financial Advisor
-
Dana Investment Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
416 E Zamili INC · 2 yrs held
416 E Zamili INC
since 2023
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
C · Wheaton, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+121.0%
Restaurant
$1.6M
+94.3%
Medical building
$1.1M
+40.7%
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 Wheaton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wheaton 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
$1,250,000
ML approach
$1,280,000
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$800,000
Current use
AUTO REPAIR, GARAGE
$1,770,000
Change: +121% · Conversion: Difficult
RESTAURANT
$1,555,000
Change: +94% · Conversion: Moderate
MEDICAL BUILDING
$1,125,000
Change: +41% · Conversion: Easy
RETAIL STORES
$1,075,000
Change: +35% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,050,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.41M (Nov 21 2023)
Last sale anchor
$1.41M
Nov 21 2023
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
$259 / 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
$6,096
Tax year 2023
Assessed value
$90,210
Assessed 2023
Previous assessed
$119,270
-24.4% YoY
Effective rate
6.76%
On assessed value
Assessed land
$58,180
Assessed improvement
$32,030
Land market value
$174,540
Improvement market value
$96,090
Total market value
$270,630
Applied tax rate
5,012.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
5,000 SF
Lot
2.21 ac (96,268 SF)
Zoning code
C
APN
05-08-422-006
UPID
US28-1326244
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Wheaton, IL
Zoning C · permitted uses
C · Wheaton, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wheaton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$1.8M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Lot
2.21 ac
Current owner
From public records · entity-resolved
416 E Zamili INC
Entity
Free & Clear · 2 yrs held
Mailing address
480 E ROOSEVELT RD STE #203, WEST CHICAGO, IL 60185-3971
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2023
$1,407,000
416 E Zamili INC
Wheaton Oaks Office Partners LP
Warranty Deed
—
Feb 1, 2022
—
Wheaton Oaks Office Partners LP
—
Deed
related
$388,467 · Estate Of Joseph B Mahady
May 3, 2010
—
Wheaton Oaks Office Ptrs LP
—
Deed Of Trust
related
$2,600,000 · First Midwest Bank
—
—
Wheaton Oaks Office Partners
—
Deed Of Trust
related
$75,000 · Community Bank Wheaton Glen El
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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