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Property profile & analytics
OFF-MARKET
Estimated value
$20,185,000
Auto shops
1700 Oakton St 6, Elk Grove Village, IL 60007-2103
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0161879
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Lot
0.92 ac (40,000 SF)
APN
08-22-403-010
UPID
US28-0161879
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.19M
Owner & transaction history
Elk Grove Village Property LLC · 4 yrs held
Elk Grove Village Property LLC
since 2022
Last sale
$21.3M
7 recorded transactions
Zoning & alternative use
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 Elk Grove Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elk Grove Village 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
$17,875,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$20.19M
Range $18.17M – $22.20M · ±10% · vs last sale $21.34M (Jan 24 2022)
Last sale anchor
$21.34M
Jan 24 2022
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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$77,758
Tax year 2022
Assessed value
$272,468
Assessed 2022
Previous assessed
$347,745
-21.6% YoY
Effective rate
28.54%
On assessed value
Assessed land
$85,000
Assessed improvement
$187,468
Land market value
$340,000
Improvement market value
$749,872
Total market value
$1,089,872
Applied tax rate
16,138.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Lot
0.92 ac (40,000 SF)
APN
08-22-403-010
UPID
US28-0161879
Jurisdiction
COOK
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
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Elk Grove Village Property LLC
Entity
Mailing address
400 N ERVAY ST UNIT #131465, DALLAS, TX 75313-0146
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
$21,338,824
Elk Grove Village Property LLC
Village Of Elk Grove Village
Special Warranty Deed
$33,000,000 · Spf50 Pdc LLC
Feb 24, 2020
$800
Department Of Transportation
Oakton Corner INC
Warranty Deed
related
—
Oct 23, 2015
—
Oakton Corner INC
Suhland Property INC
Warranty Deed
related
$612,500 · Bbcn Bk
Jun 20, 2005
$1,950,000
Suhland Property INC
Double Eagle Prop Mgmt LLC
Warranty Deed
$1,300,000 · Foster Bank
Feb 18, 2004
$1,200,000
Michael J Pecora
Cosmopolitan Bank & Trust Ttee
Grant Deed
$1,192,000 · First National Bank
Feb 13, 2004
—
Double Eagle Property Mgmt
Pecora,michael J
Grant Deed
related
—
—
—
Suhland Property INC
—
Deed Of Trust
related
$1,114,219 · Foster Bank
—
—
Oakton Corner INC
—
Deed Of Trust
related
$92,000 · Bank Of Hope
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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