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Property profile & analytics
OFF-MARKET
Estimated value
$30,120,000
Investment properties
1213 Butterfield Rd Downers Grove, IL 60515-1032
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US28-1295822
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1971
Total area
239,648 SF
Lot
12.8 ac (557,568 SF)
Zoning code
C
APN
06-30-401-012
UPID
US28-1295822
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
-
Marketing Card Technology Industrial Manufacturer Production Facility
-
Disturbia Haunted House Chicago Haunted House
-
Celegence Corporate Office
-
University Subscription Services (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Unique Embossing Services Inc Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$42.13M
Blend (final)
Blend
$30.12M
Owner & transaction history
Fl Cedar 2 LLC · 13 yrs held
Fl Cedar 2 LLC
since 2013
5 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
Blend value · Realmo final
$30.12M
Range $27.11M – $33.13M · ±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
$126 / 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
$194,866
Tax year 2023
Assessed value
$3,273,680
Assessed 2023
Previous assessed
$3,320,630
-1.4% YoY
Effective rate
5.95%
On assessed value
Assessed land
$2,503,120
Assessed improvement
$770,560
Land market value
$7,509,360
Improvement market value
$2,311,680
Total market value
$9,821,040
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1971
Heating
NONE
Total area
239,648 SF
Lot
12.8 ac (557,568 SF)
Zoning code
C
APN
06-30-401-012
UPID
US28-1295822
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
C · Downers Grove, ILZoning 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
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Lot
12.8 ac
Current owner
From public records · entity-resolved
Fl Cedar 2 LLC
Entity
Mailing address
1213 BUTTERFIELD RD, DOWNERS GROVE, IL 60515-1032
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
May 29, 2025
—
Fl Cedar 2 LLC
—
Deed
related
$11,000,000 · Lakeside Bank
Jan 6, 2025
—
Fl Cedar 2 LLC
—
Deed
related
$6,888,377 · Ayana LLC
Apr 1, 2013
$8,150,000
Fl Cedar 2 LLC
Trust 96-6568
Grant Deed
related
—
Mar 27, 2009
—
Trust 96-6568
—
Deed Of Trust
related
$4,150,000 · Broadway Bank
—
—
Fl Cedar 2 LLC
—
Deed Of Trust
related
$11,500,000 · German American Cap
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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