Property profile

151 Il Rte 38 Elburn, IL 60119

OFF-MARKET
Commercial real estate
Property ID
US28-1515722
10,325 SF 1.34 ac lot Built 2003
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 10,325 SF
Lot 1.34 ac (58,370 SF)
APN 08-32-309-001
UPID US28-1515722

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

151 Il Rte 38 Elburn, IL 60119-8879
Elburn metro Census 852408 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
$1.98M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.80M

Owner & transaction history

since 2024
Last sale
$1.8M
5 recorded transactions
2024
$1.8M
2015
$1.3M
2007
Price N/A
2001
$461,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $2.0M +25.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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