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Property profile & analytics
FOR LEASE
Office buildings
12 Salt Creek Ln, Hinsdale, IL 60521
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-4827258
For Lease
1 / 8
$19,205,000
12 Salt Creek Ln, Hinsdale, IL 60521
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
65,877 SF
Lot
5.6 ac (243,936 SF)
APN
06-36-405-028
UPID
US28-4827258
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
$14.91M
Comparable Approach
Comparable
$18.09M
Blend (final)
Blend
$19.21M
Owner & transaction history
Hinsdale 12 Medical Properties LLC · 5 yrs held
Hinsdale 12 Medical Properties LLC
since 2020
Last sale
$19.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.3M
+56.5%
Restaurant
$20.5M
+37.6%
Commercial (general)
$17.2M
+15.2%
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
$23,625,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,150,000
6.5%
$14,905,000
7%
$13,840,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,890,000
Current use
AUTO REPAIR, GARAGE
$23,310,000
Change: +57% · Conversion: Difficult
RESTAURANT
$20,485,000
Change: +38% · Conversion: Moderate
COMMERCIAL (GENERAL)
$17,160,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$14,840,000
Change: 0% · Conversion: Easy
RETAIL STORES
$14,195,000
Change: -5% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$12,720,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$19.21M
Range $17.28M – $21.13M · ±10% · vs last sale $19.70M (Sep 4 2020)
Last sale anchor
$19.70M
Sep 4 2020
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
$292 / 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
$141,741
Tax year 2023
Assessed value
$2,635,080
Assessed 2023
Previous assessed
$2,635,080
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$1,375,880
Assessed improvement
$1,259,200
Land market value
$4,127,640
Improvement market value
$3,777,600
Total market value
$7,905,240
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
1971
Heating
NONE
Total area
65,877 SF
Lot
5.6 ac (243,936 SF)
APN
06-36-405-028
UPID
US28-4827258
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.9M
AUTO REPAIR, GARAGE
Est. value
$23.3M
RESTAURANT
Est. value
$20.5M
COMMERCIAL (GENERAL)
Est. value
$17.2M
MEDICAL BUILDING
Est. value
$14.8M
RETAIL STORES
Est. value
$14.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
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
1971
Heating
NONE
Lot
5.6 ac
Current owner
From public records · entity-resolved
Hinsdale 12 Medical Properties LLC
Entity
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2021
—
Hinsdale 12 Medical Properties LLC
—
Deed
related
$118,805,000 · Ally Bank
Sep 4, 2020
$19,700,000
Hinsdale 12 Medical Properties LLC
Salt Creek Campus LLC
Special Warranty Deed
$132,350,000 · Ally Bank
May 21, 2020
—
Salt Creek Campus LLC
—
Deed
related
—
Dec 27, 2013
—
Salt Creek Campus LLC
—
Loan Modification
related
$17,000,000 · General Elec Cap
Dec 11, 2012
$12,340,000
Salt Creek Campus LLC
Firstmerit Bk NA
Grant Deed
$12,000,000 · General Elec Cap
Mar 14, 2007
$14,730,000
Ryan,gc Trust
Trust 01-1-7933
Grant Deed
related
—
—
—
Salt Creek Campus LLC
—
Deed Of Trust
related
$9,418,061 · Private Bk
—
—
Salt Creek Campus LLC
—
Loan Modification
related
—
—
—
Salt Creek Campus LLC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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