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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Apartment buildings
1866 Lilac Ln, Aurora, IL 60506-4310
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-0455856
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,648 SF
Lot
0.51 ac (22,215 SF)
APN
15-18-478-005
UPID
US28-0455856
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
-
Disc Paint & Remodelling Painting Service General Contractor
-
Discount Painting Painting Service General Contractor
-
Gs Custom Exteriors Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
$1.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
Vikas Agrawal · 4 yrs held
Vikas Agrawal
since 2022
Last sale
$1.3M
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
$1,180,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
$1,670,000
6.5%
$1,545,000
7%
$1,430,000
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10% · vs last sale $1.30M (Jun 2 2022)
Last sale anchor
$1.30M
Jun 2 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
$109 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$20,422
Tax year 2022
Assessed value
$230,703
Assessed 2022
Previous assessed
$214,787
+7.4% YoY
Effective rate
8.85%
On assessed value
Assessed land
$25,131
Assessed improvement
$205,572
Land market value
$75,393
Improvement market value
$616,716
Total market value
$692,109
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Rooms
52
Total area
11,648 SF
Lot
0.51 ac (22,215 SF)
APN
15-18-478-005
UPID
US28-0455856
Jurisdiction
KANE
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Rooms
52
Lot
0.51 ac
Current owner
From public records · entity-resolved
Vikas Agrawal
Individual
Mailing address
25 KINGSPORT DR, SCHAUMBURG, IL 60193-4115
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
$1,300,000
Vikas Agrawal
Jsterra LLC
Warranty Deed
$975,000 · Peoples Bank
Jan 22, 2020
—
Jsterra LLC
—
Deed
related
$540,000 · Harbor Community Bank
Jan 25, 2005
$807,000
Regional Investments LLC
Mollohan,william H JR
Warranty Deed
—
Jan 25, 2005
$910,000
Jsterra LLC
Regional Investments LLC
Warranty Deed
$728,000 · Old Second National Bank
Jan 25, 2005
$792,000
William H Mollohan
Network Financial Corp
Warranty Deed
—
Jan 25, 2005
—
Network Financial Corp
Streit,edward F
Quit Claim Deed
related
—
Sep 9, 2002
$730,000
Edward F Streit
Hamsmith,gerald A
Grant Deed
$597,600 · Old Second National Bank
—
—
Jsterra LLC
—
Deed Of Trust
related
$50,000 · Old Second National Bank
—
—
Jsterra LLC
—
Deed Of Trust
related
$754,587 · Old Second National Bank
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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