New search
Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Day care centers
140 Loop Rd, Wheaton, IL 60189-8407
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0451004
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1996
Total area
11,760 SF
Lot
2.73 ac (118,919 SF)
Zoning code
C
APN
05-28-402-015
UPID
US28-0451004
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
-
Blue Bird Day - Wheaton Physician
-
Cahill Sean M MD Physician
-
Morgan Baumert Foster Care Service Social Service Agency
-
Raterman Kyle R Physician
-
Emily Mutschler Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$620k
Owner & transaction history
140 East Loop Road Wheaton LLC · 11 yrs held
140 East Loop Road Wheaton LLC
since 2014
5 recorded transactions
Zoning & alternative use
C · Wheaton, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$880,000
+37.1%
Auto repair, garage
$765,000
+19.1%
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 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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$645,000
Current use
RETAIL STORES
$880,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$765,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$53 / 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
$46,144
Tax year 2023
Assessed value
$682,810
Assessed 2023
Previous assessed
$645,310
+5.8% YoY
Effective rate
6.76%
On assessed value
Assessed land
$503,190
Assessed improvement
$179,620
Land market value
$1,509,570
Improvement market value
$538,860
Total market value
$2,048,430
Applied tax rate
5,127.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
11,760 SF
Lot
2.73 ac (118,919 SF)
Zoning code
C
APN
05-28-402-015
UPID
US28-0451004
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$645,000
RETAIL STORES
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$765,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1996
Heating
NONE
Stories
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
140 East Loop Road Wheaton LLC
Entity
Mailing address
16 CT ST STE #800, BROOKLYN, NY 11241-0102
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Jul 1, 2021
—
140 East Loop Road Wheaton LLC
—
Deed
related
$1,900,000 · Symetra Life Insurance Co
Dec 3, 2018
—
140 East Loop Road Wheaton LLC
—
Grant Deed
related
$31,500,000 · Readycap Com'l
Nov 20, 2014
$3,800,000
140 East Loop Road Wheaton LLC
Mdp Partners II Limited Partnership
Special Warranty Deed
$2,470,000 · Academy Bank
Dec 19, 2011
—
Partners Mdp II
—
Deed Of Trust
related
$1,500,000 · North Shore Community Bank
—
—
Plitt Theatres INC
—
Deed Of Trust
related
$140,000 · Bankers Trust Co Trustee
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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