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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Commercial real estate
115 Orch St, Itasca, IL 60143-1700
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1136265
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Construction
WOOD FRAME
Total area
7,455 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C
APN
03-08-120-011
UPID
US28-1136265
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
-
Lake Cook Dental Center P.C. Dental Office
-
Northwest Police Academy Vocational School Training Center
-
Fates, Bodily and Parker PLLC Accounting Firm Tax Preparation
-
Roy Scheck Pediatrician Physician
-
Thomas B Scheck Law Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.70M
Owner & transaction history
Hp Itasca Station LLC · 1 yrs held
Hp Itasca Station LLC
since 2024
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
C · Itasca, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+113.8%
Restaurant
$2.3M
+87.9%
Medical building
$1.7M
+36.1%
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 Itasca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Itasca 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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
$2,095,000
6.5%
$1,935,000
7%
$1,795,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,235,000
Current use
AUTO REPAIR, GARAGE
$2,640,000
Change: +114% · Conversion: Difficult
RESTAURANT
$2,320,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$1,680,000
Change: +36% · Conversion: Easy
RETAIL STORES
$1,605,000
Change: +30% · Conversion: Easy
OFFICE BUILDING
$1,335,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Oct 1 2024)
Last sale anchor
$1.70M
Oct 1 2024
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
$228 / 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
$23,227
Tax year 2023
Assessed value
$322,180
Assessed 2023
Previous assessed
$322,180
+0.0% YoY
Effective rate
7.21%
On assessed value
Assessed land
$78,410
Assessed improvement
$243,770
Land market value
$235,230
Improvement market value
$731,310
Total market value
$966,540
Applied tax rate
3,240.0000
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
1989
Construction
WOOD FRAME
Heating
NONE
Total area
7,455 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C
APN
03-08-120-011
UPID
US28-1136265
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Itasca, IL
Zoning C · permitted uses
C · Itasca, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Itasca. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1989
Construction
WOOD FRAME
Heating
NONE
Lot
0.41 ac
Current owner
From public records · entity-resolved
Hp Itasca Station LLC
Entity
Mailing address
3454 W DOUGLAS RD STE #250, SOUTH BEND, IN 46635-1789
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 11, 2025
—
Hpitasca Station LLC
—
Deed
related
$25,100,000 · Hinsdale Bank & Trust Co
Oct 1, 2024
$1,700,000
Hp Itasca Station LLC
Itasca Real Estate Partners LLC
Special Warranty Deed
$2,240,000 · Hinsdale Bank & Trust Co
Feb 25, 2021
—
Itasca Real Estate Partners LLC
—
Deed
related
$340,000 · Small Business Growth Corporation
Nov 18, 2020
$720,000
Itasca Real Estate Partners LLC
Orchard Street LLC
Special Warranty Deed
$390,000 · Cornerstone National Bank & Trust C
Jan 10, 2011
—
Orchard Street Partners
Trust L-2655
Grant Deed
—
—
—
Harris Bank Hinsdale Trustee
—
Deed Of Trust
related
$250,000 · Harris Bank Hinsdale NA
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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